AutoNation’s CEO Warns of Used-Car Price Drop as Rising Rates Curb Demand – Yahoo Finance

(Bloomberg) — AutoNation Inc., the biggest US chain of car dealerships, warned that used-vehicle prices are softening as rising interest rates curb demand from more price-sensitive buyers. Most Read from Bloomberg The company said Thursday that third-quarter earnings rose to $6 a share excluding some items. That was below the $6.29 a share average of… Continue reading AutoNation’s CEO Warns of Used-Car Price Drop as Rising Rates Curb Demand – Yahoo Finance

Interview: Dieter Zetsche, Chief Executive, Daimler AG and Head of Mercedes-Benz Cars – Automotive World

Mercedes-Benz is in the midst of a major product offensive. Four of the five models in its compact range have been launched; the news S-Class followed the launch of the E-Class, and at the 2014 Detroit auto show, Mercedes-Benz will unveil the next-generation C-Class. Daimler’s Q3 results showed a 13% year-on-year increase in vehicle sales,… Continue reading Interview: Dieter Zetsche, Chief Executive, Daimler AG and Head of Mercedes-Benz Cars – Automotive World

Interview: Mercedes-Benz CEO Dr. Dieter Zetsche – GTspirit

We had the privileged opportunity to speak with Mercedes-Benz boss Dr. Dieter Zetsche at this year’s Detroit Motor Show. Dr. Zetsche is currently the Chairman of the Board of Directors of Daimler AG and has been the head of Mercedes-Benz Cars since 2006. He studied electrical engineering from 1971 to 1976 at the University of… Continue reading Interview: Mercedes-Benz CEO Dr. Dieter Zetsche – GTspirit

Motley Fool Special Interview: Ford’s New CEO Jim Hackett and Chairman Bill Ford – The Motley Fool

Ford Motor Company (F 2.00%) has a new CEO — and we had a chance to talk to him on Monday. Jim Hackett, the former Steelcase CEO who had been running Ford’s future-tech subsidiary, is taking the top job effective immediately, Ford announced on Monday. Hackett replaces Mark Fields, who stepped down amid concerns about Ford’s… Continue reading Motley Fool Special Interview: Ford’s New CEO Jim Hackett and Chairman Bill Ford – The Motley Fool

Lightning Speed – DBusiness

Courtesy of Ted Gushue Expectations were low when Ford Motor Co.’s product development team set out to work up a new battery-electric SUV nearly seven years ago. Intentionally so. The Dearborn-based automaker had little success with its earlier model, the Focus EV, and sales of all-electric vehicles, in general, seemed to be going nowhere. Ford… Continue reading Lightning Speed – DBusiness

AutoNation’s CEO warns of used-car price drop – Detroit News

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading AutoNation’s CEO warns of used-car price drop – Detroit News

CEO Mike Manley on AutoNation’s stunning Q4 earnings results – http://cbtnews.com/

Yesterday, AutoNation, Inc. (NYSE: AN) released the results of its most profitable quarter in its history. Revenues came out to $6.6 billion, an increase of 14% year-over-year. Adjusted earnings per share (EPS) came in at $5.76, a staggering increase of 137% from Q4 2021. Although new vehicle revenue declined, used vehicle revenue soared with an… Continue reading CEO Mike Manley on AutoNation’s stunning Q4 earnings results – http://cbtnews.com/

New doc lays bare life of Beverley Manley Duncan – Jamaica Gleaner

WESTERN BUREAU: For four months, Jamaica has been waiting for it, and this Sunday, Beverley Manley Duncan will tell her story in Beverley Manley Uncensored. The entire country has been waiting to hear from the former wife of late Prime Minister Michael Manley and the widow of former member of parliament and government minister Dr… Continue reading New doc lays bare life of Beverley Manley Duncan – Jamaica Gleaner

Mercedes-Benz CEO says luxury drivers will help spur the transition to electric vehicles – CNBC

A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters Mercedes-Benz CEO Ola Kallenius told CNBC’s Jim Cramer that while he thinks there will be a market for vehicles with internal combustion engines for a… Continue reading Mercedes-Benz CEO says luxury drivers will help spur the transition to electric vehicles – CNBC