Paul Jacobson will become GM's next finance chief on Dec. 1 after eight years as CFO of Delta. He will be the first CFO from outside the company in a decade.
https://www.autonews.com/executives/gm-lands-delta-exec-next-cfo http://ifttt.com/images/no_image_card.png
Ford's Active Drive Assist will be offered first on the redesigned F-150 pickup and the electric Mustang Mach-E, both of which go on sale later this year. But the feature will not be activated until the third quarter of 2021.
https://www.autonews.com/technology/ford-eyes-first-year-sales-100000-vehicles-hands-free-driving-system
Lawyers for the men sought the last-minute delay after the State Department approved handing them over to Japan, where they face charges of helping smuggle the former Nissan chairman out of the country.
https://www.autonews.com/executives/judge-delays-extradition-ghosn-escape-plot-suspects http://ifttt.com/images/no_image_card.png
Lawyers for the men sought the last-minute delay after the State Department approved handing them over to Japan, where they face charges of helping smuggle the former Nissan chairman out of the country.
https://www.autonews.com/executives/judge-delays-extradition-ghosns-accused-escape-plotters http://ifttt.com/images/no_image_card.png
The State Department's decision came after a federal magistrate judge in September rejected the two men's challenge to their potential extradition to Japan following their arrests in May.
https://www.autonews.com/executives/us-approves-extradition-ghosns-accused-escape-plotters http://ifttt.com/images/no_image_card.png
Ford said it would need to take the step after it was forced to stop sales of its key low-emissions model, the Kuga plug-in hybrid.
https://www.autonews.com/regulation-safety/ford-pool-co2-emissions-volvo-avoid-eu-fine
Ford sees a significant opportunity to gain sales and market share by selling electric vehicles to business owners and fleet operators. It plans to offer software and telematics services in addition to vehicles. The E-Transit is expected to go on sale in 2021.
https://www.autonews.com/cars-concepts/fords-electric-van-e-transit-set-nov-12-debut
The automaker's adjusted earnings before interest and taxes more than doubled from the same period a year ago to $3.6 billion, and margins jumped to 9.7 percent.
https://www.autonews.com/retail/ford-net-income-surges-24-billion-q3-2020-forecast-raised
Much of investors’ optimism about Ford is coming from the elevation of Jim Farley to CEO. An intense former Toyota executive, Farley is seen as the high-octane antidote to his predecessor, Jim Hackett.
https://www.autonews.com/automakers-suppliers/fords-regime-change-fuels-earnings-stock-rebound-expectations
Prosecutors in Stuttgart had looked at whether Winterkorn had manipulated markets by delaying the disclosure of VW’s emissions scandal in 2015.
https://www.autonews.com/executives/stuttgart-prosecutors-suspend-investigation-ex-vw-ceo-winterkorn http://ifttt.com/images/no_image_card.png
Ray Mikiciuk left American Honda in 2019 and worked for Victory Automotive Group before joining Volkswagen of America on Oct. 26 as senior vice president of sales.
https://www.autonews.com/executives/vw-hires-former-honda-exec-mikiciuk-sales-vp http://ifttt.com/images/no_image_card.png
The trade commission delayed the target date for its decision on the case to Dec. 10. An adverse ruling could lead to the import ban of SK Innovation's EV batteries and necessary components, potentially causing setbacks for Volkswagen and Ford.
https://www.autonews.com/suppliers/lg-chem-sk-innovation-trade-secrets-ruling-delayed-itc
Musk’s total Tesla compensation package -- the largest corporate pay deal ever struck between a CEO and a board of directors -- includes about 101 million options, split into 12 installments, that could yield Musk more than $50 billion if all goals are met.
https://www.autonews.com/executives/musk-cruises-118-billion-haul-his-moonshot-stock-award http://ifttt.com/images/no_image_card.png
The automaker is moving to fine-tune some of its top U.S. roles as it battles a grueling year.
https://www.autonews.com/executives/nissan-execs-judy-wheeler-david-kershaw-swap-roles http://ifttt.com/images/no_image_card.png
The automaker said it will start rolling out Escape hybrids as its fourth-generation AV test vehicle in the coming months. The previous three generations of test vehicles utilized the Fusion sedan, which has been discontinued.
https://www.autonews.com/mobility-report/fords-av-commercial-services-launch-escape-hybrids
That strategy lets automakers avoid offending their most crucial audience: truck buyers. GM, Ford and FCA sell nearly three-quarters of their pickups -- their most-profitable, best-selling models -- in states President Trump won in 2016.
https://www.autonews.com/sales/detroit-automakers-face-delicate-dance-red-state-supporters
Walker’s career at Magna spans 33 years, with the last 15 as CEO, his second stint in the role. Kotagiri has more than 25 years of automotive industry experience, 21 of which have been with Magna.
https://www.autonews.com/executives/magna-names-kotagiri-ceo-don-walker-retire-years-end http://ifttt.com/images/no_image_card.png
Carl Liebert, who lasted about four months as CEO of AutoNation last year, is replacing co-founder Gary Keller as the top executive at the parent company of Keller Williams Realty.
https://www.autonews.com/executives/lieberts-new-job-has-familiar-feel http://ifttt.com/images/no_image_card.png
Even before being tapped as the new leader of Hyundai Motor Group, Euisun Chung was a key mover in the push to modernize the company. His inaugural remarks last week showed where's he's heading.
https://www.autonews.com/executives/new-leader-will-steer-hyundais-new-era http://ifttt.com/images/no_image_card.png
The executive, who left GM this summer after 15 months at the helm of North America operations, is CEO of Qell Acquisition Corp., a special-purchase acquisition company he recently co-founded.
https://www.autonews.com/executives/former-gm-exec-barry-engle-discusses-his-latest-project-qell http://ifttt.com/images/no_image_card.png
Jim Farley got Bill Ford's blessing to keep spending time at the track to relax. "I can't just stop racing," Farley told him. "It's just who I am. It's my yoga."
https://www.autonews.com/executives/jimmy-car-car-wont-give-racing-ceo http://ifttt.com/images/no_image_card.png
High-tech exoskeletons are being explored by automakers such as Hyundai, Ford and GM. The technology, initially developed to aid people who lost the ability to walk or stand on their own, eases fatigue and helps prevent injuries.
https://www.autonews.com/manufacturing/exoskeleton-suits-turn-auto-factory-workers-human-robots
The prosecution in the criminal trial of former Nissan exec Greg Kelly claims Nissan managers resorted to paper companies, dummy accounts and decoy bonuses to others just to conceal the size of their boss' compensation package.
https://www.autonews.com/executives/execs-sought-ways-cloak-ghosns-pay-witness-says http://ifttt.com/images/no_image_card.png
Fires in electrified vehicles are having a big impact before automakers have even managed to pin down their precise causes.
https://www.autonews.com/regulation-safety/battery-fires-put-bmw-ford-back-foot-evs-take
The automaker's outreach efforts have helped put the pickup on pace to displace the Toyota Camry as No. 1 among Black consumers this year, up from fourth place in 2019, according to IHS Markit data.
https://www.autonews.com/marketing/ford-aims-f-series-push-black-buyers
Smith, who built Vista Equity Partners into a private equity powerhouse, avoided prosecution by cooperating in a case against Reynolds and Reynolds CEO Robert Brockman, who was indicted on 39 counts of tax fraud, money laundering, destruction of evidence and other financial charges.
https://www.autonews.com/executives/billionaire-robert-smith-admits-evading-taxes-years http://ifttt.com/images/no_image_card.png
The Ford pickup moved to the top spot from third place in last year's report with 38,938 thefts, up from 36,355 in 2018.
https://www.autonews.com/used-cars/ford-pickups-top-list-most-stolen-vehicles
The automaker attributed the increase to product launches and a localization strategy.
https://www.autonews.com/sales/fords-q3-sales-rise-25
The automaker attributed the increase to product launches and a localization strategy.
https://www.autonews.com/sales/fords-q3-china-sales-rise-25
Brockman, 79, is accused of using a family charitable trust based in Bermuda and other offshore entities to hide assets from the Internal Revenue Service while failing to pay taxes, according to an indictment unsealed Thursday in federal court.
https://www.autonews.com/executives/reynolds-and-reynolds-ceo-brockman-charged-tax-evasion-laundering http://ifttt.com/images/no_image_card.png
Jon Huntsman was first elected to the automaker's board in 2012. He left in 2017 to serve as U.S. ambassador to Russia.
https://www.autonews.com/executives/huntsman-former-us-ambassador-returns-fords-board
Jon Huntsman was first elected to the automaker's board in 2012. He left in 2017 to serve as U.S. ambassador to Russia.
https://www.autonews.com/executives/huntsman-former-us-ambassador-returns-fords-board http://ifttt.com/images/no_image_card.png
Ford did not say which manufacturer it would join but Renault is seeking partners for its open emissions pool and Volvo Cars said earlier this month that it would be open to forming a pool.
https://www.autonews.com/automakers-suppliers/ford-seeks-co2-help-europe-after-kuga-recall
Euisun Chung, 49, has exerted more influence over the entire auto group in recent years. His father gave up his board seat in Hyundai Motor this year after stepping back from daily operations. Mong-Koo Chung, 81, was made honorary chairman in the shuffle.
https://www.autonews.com/executives/euisun-chung-succeeds-father-chairman-hyundai-motor-group http://ifttt.com/images/no_image_card.png
