(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
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Fugitive the Curious Case of Carlos Ghosn Review: Downfall of a Lengendary Car Mogul – Leisure Byte
Fugitive the Curious Case of Carlos Ghosn is Netflix’s latest biographical documentary about the legendary man who turned the fate of two of the biggest automobile companies- Renault and Nissan. From a businessman to a world-renowned fugitive, this is a film that you wouldn’t want to miss. Directed by Lucy Blakstad, the docuseries interviews various… Continue reading Fugitive the Curious Case of Carlos Ghosn Review: Downfall of a Lengendary Car Mogul – Leisure Byte
Fugitive: The Curious Case of Carlos Ghosn – Where is Carlos Ghosn now in 2022 and what did he do? – Sportskeeda
Fugitive: The Curious Case of Carlos Ghosn, the much-awaited documentary movie, is all set to depict and explore the unbelievably astonishing story of fallen business icon Carlos Ghosn. The documentary will premiere exclusively on Netflix this Wednesday, October 26, 2022. Once famously known as the “Le Cost Killer” or “Mr. Fix It,” the former CEO… Continue reading Fugitive: The Curious Case of Carlos Ghosn – Where is Carlos Ghosn now in 2022 and what did he do? – Sportskeeda
Nissan should remedy unequal Renault alliance, ex-CEO Hiroto Saikawa says – The Japan Times
Renault and Nissan should “remedy” the decadeslong unequal alliance, in which the French automaker controls the larger Japanese company through a controlling stake, former Nissan President Hiroto Saikawa has said, emphasizing that the two companies should build a more equal relationship by reducing Renault’s stake in Nissan. In an interview with Kyodo News in mid-October,… Continue reading Nissan should remedy unequal Renault alliance, ex-CEO Hiroto Saikawa says – The Japan Times
The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe
Autonomous vehicle companies and suppliers have collectively spent about $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from AV services after all that investment. This has spelled disaster for Aurora Innovation, TuSimple Holdings and Embark Technology, whose shares have each plunged at least 80 percent this year. It’s no wonder Intel… Continue reading The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe
GM president hints at strategy disagreement with departed Cruise CEO Dan Ammann – CNBC
Cruise Automation COO Dan Kan (l to r), Cruise Automation CEO Kyle Vogt and General Motors President Dan Ammann Tuesday, November, 20, 2018 at Cruise Automation offices in San Francisco, California. Source: Noah Berger | General Motors DETROIT – General Motors has been mum about the abrupt departure Thursday of Dan Ammann, the CEO of… Continue reading GM president hints at strategy disagreement with departed Cruise CEO Dan Ammann – CNBC
Exxon Signs First Big Carbon-Capture Contract – Barron’s
Exxon Signs First Big Carbon-Capture Contract Barron’s Go to Source
Ford CEO Jim Hackett on the future of computing, cities, and self-driving cars – Quartz
In May 2017, Ford announced that it had replaced its CEO, Mark Fields, who had been with the company since 1989, with Jim Hackett. Despite being on Ford’s board since 2013, Hackett was probably best known for leading Steelcase, the large office-furniture company, for decades and turning around its fortunes, as well as for working… Continue reading Ford CEO Jim Hackett on the future of computing, cities, and self-driving cars – Quartz
Ford CEO Jim Farley: Barron’s Top CEOs 2022 – Barron’s
Ford CEO Jim Farley: Barron’s Top CEOs 2022 Barron’s Go to Source
Driverless Car Development Sets Ablaze a Bonfire of Billions – Bloomberg
Stay on top of the auto industry’s transformation by signing up for Bloomberg’s Hyperdrive newsletter here. Autonomous vehicle companies and suppliers have collectively spent around $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from robo-car services after all that cash incineration. Go to Source