Author: Interview Scanning Online

AutoNation gobbles up used cars to turn profit amid chip crisis – The Seattle Times

AutoNation, the country’s largest car-dealer chain, posted better-than-expected third-quarter profit by pivoting to used-vehicle sales as an ongoing chip shortage choked off the supply of new automotive inventory. The Fort Lauderdale, Florida-based retailer delivered earnings per share of $5.12, beating the $4.14 average estimate of eight analysts surveyed by Bloomberg. Revenue from used-car sales surged… Continue reading AutoNation gobbles up used cars to turn profit amid chip crisis – The Seattle Times

VW Boss Asks Elon Musk To Tell VW Executives How Tesla Innovates So Quickly – CarScoops

VW boss Herbert Diess called Elon Musk during a recent event at the automaker’s global headquarters to discuss what separates Tesla from its rivals. Diess and Musk are friends and have acknowledged their shared admiration for each other in the past. In fact, Musk once tried to hire Diess as the new CEO of Tesla.… Continue reading VW Boss Asks Elon Musk To Tell VW Executives How Tesla Innovates So Quickly – CarScoops

Mary Barra Talks Candidly About GM’s EV Plans, Details Competition With Tesla And New Vehicle Rollout – Torque News

Barra made these remarks during an interview with Fox News Business and the “Claman Countdown.” where she was pressed on the company’s plans to churn out 30 all-new EV models by 2025 including an electrified $30,000 CUV (the Equinox EV) and a second model that will be priced even lower than that. Related Story (2018):… Continue reading Mary Barra Talks Candidly About GM’s EV Plans, Details Competition With Tesla And New Vehicle Rollout – Torque News

How GM CEO Mary Barra wowed Wall Street – Fox Business

FOX Business’ Grady Trimble speaks with GM CEO Mary Barra on the company’s Investor Day.  It was a good week for General Motors CEO Mary Barra and her shareholders as she paved the road for the legacy automaker to become a tech-focused “platform innovator.” Ticker Security Last Change Change % GM GENERAL MOTORS CO. 56.85… Continue reading How GM CEO Mary Barra wowed Wall Street – Fox Business

General Motors CEO: Chip shortage has forced supply chain rethink – Verdict

US automaker General Motors will source more semiconductors directly from manufacturers to adapt to the ongoing global chip shortage, its CEO Mary Barra said on Friday. Barra’s comments came amid ten months of sporadic production line closures in the automotive sector due to the chip shortage and supply chain disruptions. All major automakers have been… Continue reading General Motors CEO: Chip shortage has forced supply chain rethink – Verdict

Former Fiat Chrysler Chief Michael Manley to Head AutoNation – ETAuto.com

Michael Manley as new chief executive officer of AutoNation Inc NO. 1 U.S. auto retailer AutoNation Inc on Tuesday named former Fiat Chrysler (FCA) top boss Michael Manley as its new chief executive officer, replacing long-serving CEO Mike Jackson. British-born Manley took over as CEO of FCA in July 2018 Mike Manley after long-time chief… Continue reading Former Fiat Chrysler Chief Michael Manley to Head AutoNation – ETAuto.com

VW CEO Diess warns slow shift to EVs could cost 30000 jobs, report says – Automotive News Europe

BERLIN — Volkswagen Group CEO Herbert Diess told a supervisory board meeting in September that the company could lose 30,000 jobs if it transitioned too slowly to full-electric vehicles, two sources with knowledge of the matter told Reuters. Competition from new entrants to the industry such as Tesla has pushed the company to speed up… Continue reading VW CEO Diess warns slow shift to EVs could cost 30000 jobs, report says – Automotive News Europe

VW CEO Diess warns shift to EVs could cost 30000 jobs, report says – Automotive News Europe

BERLIN — Volkswagen Group CEO Herbert Diess told a supervisory board meeting in September that the company could lose 30,000 jobs if it transitioned too slowly to full-electric vehicles, two sources with knowledge of the matter told Reuters. Competition from new entrants to the industry such as Tesla has pushed the company to speed up… Continue reading VW CEO Diess warns shift to EVs could cost 30000 jobs, report says – Automotive News Europe