Showing results 1 - 25 of 23737
UAW troops air demands at convention rather than cast blame
At this week's UAW bargaining convention, delegate after delegate rose to a microphone to pillory the Detroit 3 for Tier 2 excesses, stingy wages and, in the case of General Motors, a dubious $5 billion stock buyback to placate Wall Street investors. I thought the affair was pretty darn raucous. ...
Tesla presses Japanese battery suppliers to innovate, take risks
TOKYO -- A Tesla Motors Inc. battery executive courted partners in Japan for its so-called gigafactory, praising local companies for top-notch quality and technology while cautioning against slow decision-making and risk aversion. Japan ranks behind only North America as a source of parts for the
Ford cleared of technology patent infringement, jury rules
DETROIT (Reuters) -- A jury has found that Ford Motor Co. did not infringe on four patents owned by a Washington state company in its onboard computer systems, clearing the company in a $240 million lawsuit. The jury in federal court in Tacoma, Wash., also found in Ford's favor on its claim that ...
Manheim invests in vehicle inspection company
Manheim has invested in Alliance Inspection Management, a vehicle inspection and software company. With Manheim's minority stake in AiM, the two companies have formed a "strategic alliance" to develop inspection technologies that will lead to a more consistent inspection process, the companies said
Scion iA sedan uncovered
Toyota has been keeping the new Scion iA sedan under wraps in hopes of building suspense before its unveiling at the New York auto show next week. But the little car has been caught out in the open in San Diego, and spy photographs show the subcompact with a fast, sloping hood and a wide, ...
North America production downtime overtime - 03/30/15
North America production downtime overtime - 03/30/15
Week ending April 4
Toledo (Ohio) North truck
Toledo (Ohio) Supplier Park truck
Warren, Mich. truck
Ford Motor Co.
Kentucky Truck (Louisville) truck
Louisville Assembly truck
Cadillac CT6 to pack 34-speaker Bose sound system
Cadillac's new flagship sedan will come with a new sound system that will leave nothing uncovered inside the cabin. The Bose Panaray system, designed exclusively for Cadillac's CT6 rear-wheel-drive sedan, marks the debut offering of Bose Automotive's new line of Advanced Technology Series sound ...
Rewards of Being Ford CEO (3/27/15)
Fields earned $18.6M in 2014 to Mullaly's $22M; CFPB's sub-prime vigil; Stein: FCA and joy of a good winning streak.
Pirelli CEO sees strong future with ChemChina, no talks on counterbid
MILAN (Reuters) -- Italian tire maker Pirelli has a strong future with owner-to-be China National Chemical Corp. and is not talking to others about a possible counterbid, CEO Marco Tronchetti Provera said. ChemChina on Sunday agreed to become the majority owner of the world's fifth-largest tire ...
Mercedes Planning a Pickup (3/27/15)
Truck would launch by decade's end; Tesla win, loss; Aston Martin sues Henrik Fisker; Ford car obeys speed limit.
Mercedes plans to launch its first pickup by 2020
FRANKFURT -- Daimler's Mercedes-Benz unit plans to launch its first pickup truck by 2020, targeting sales at the European, Latin American, Australian and South African markets. No decision has been made about whether to launch the vehicle in the U.S., a Daimler spokeswoman said. The pickup will ...
PSA picks France factory over Spain for engine production expansion
PARIS (Reuters) -- PSA/Peugeot-Citroen today said that it has chosen a French factory over a rival Spanish plant to expand engine production. The carmaker said it will upgrade its Tremery site in northeastern France to produce the turbocharged version of a three-cylinder engine already manufactured
Valeo's self-driving systems learn from military drones
PARIS (Reuters) -- Valeo plans to draw on drone software and other military technologies from partner Safran to offer self-driving vehicle platforms to carmakers by the end of the decade. Valeo said the first applications may reach automaker customers within three years. The French supplier ...
GM board member Erroll Davis to retire
Erroll Davis, a member of General Motors boards before and since the automaker's 2009 bankruptcy, will retire in June. "We have made tremendous progress since Erroll joined the board and we owe him our deepest gratitude for his dedicated service," CEO Mary Barra said in a statement. "I also ...
GM shield in doubt as judge mulls ending bar on ignition suits
Editor's note: Several corrections have been made to this report since its initial publication. It now correctly reflects comments by Judge Robert Gerber during a Feb. 17 hearing, correctly reflects that Gerber said in 2009 that GM can be sued over vehicles made by Old GM under some exceptions, ...
PSA, Mitsubishi cuts jobs in Russia, halt output again
MOSCOW (Reuters) -- PSA/Peugeot-Citroen and Mitsubishi will halt production at their joint venture plant in Russia for the second time this year and cut 100 jobs. "The continuing deterioration of the market situation forces us to make painful decisions," PCMA Rus, the companies' Russian joint ...
Jaguar Land Rover names new global engineering chief
LONDON -- Jaguar Land Rover named company veteran Nick Rogers as its new engineering director to succeed Wolfgang Ziebart. Rogers will assume board-level responsibilities for the UK automaker's global engineering operations reporting directly to CEO Ralf Speth, JLR said in a statement Friday. ...
Ford's Mulally made $22 million in 2014; Fields' pay rises 83%
Alan Mulally, who retired as Ford Motor Co.'s CEO in mid-2014, received compensation worth $22 million last year, the company said today in a regulatory filing. His successor, Mark Fields, earned $18.6 million. Mulally's payout, which included $1 million in salary and $10.2 million in stock awards,
With Volvo's help, Geely goes upscale
SHANGHAI -- Zhejiang Geely Holding Group Co. launched sales last week of its new flagship car, the GC9 midsize sedan. This is not the first time that Geely Chairman Li Shufu has tried to build a premium product. During the Shanghai auto show in 2009, Geely unveiled a limousine that looked like a ...
Takata sued in Canada over airbag-related vehicle recalls
TOKYO (Bloomberg) -- Takata Corp., the Japanese supplier whose airbags have been linked to six fatalities globally, has been sued in Canada in three separate cases, it said in a statement today. Three plaintiffs in Windsor, Ontario, are seeking combined damages of 2.4 billion Canadian dollars ($1.9
Dutch regulators raid Uber over court ruling compliance
AMSTERDAM (Reuters) -- A Dutch regulatory agency raided the Amsterdam offices of ride-sharing service Uber on Thursday in connection with its UberPOP unit after a court deemed it illegal in December. Uber allows users to summon rides from private drivers with smartphones through UberPOP. In ...
Land Rover to consolidate advertising work with agency Spark44
Editor's note: An earlier version of this report mischaracterized the price positioning of the Land Roverandnbsp;Discovery and Defender. It has been corrected.andnbsp; Land Rover is shifting its global strategic and creative ad accounts to Spark44, the same agency that handles sister brand Jaguar.
Yes, millennials want to see a car dealer, Edmunds says
Millennials may love their phones, but they don't use them to make all of their car buying decisions, Edmunds.com says in a new report. Contrary to popular belief, tech-loving millennials value meeting with dealers face-to-face and taking test drives as well, the findings show. "This notion that ...
Renault increases Zoe EV's range
RENNES, France -- Renault has extended the range of its battery powered Zoe subcompact hatchback by 30km to 240km (149 miles) to help boost sales. The longer-range Zoe will go on sale in Europe in the spring, Renault said. It will be less expensive than the current Zoe, which starts at 22,400 euros
Acura targets millennials in musical social campaign for ILX
Acura is appealing to the musical tastes of millennials in a new social media campaign that expresses the energy of the sporty ILX sedan through sound. Acura asked eight up-and-coming artists each to craft a custom piece of music for the entry-luxury car. Each of the eight songs is inspired by one