Author: Interview Scanning Online

Ineos in link to Mercedes Formula 1 buy-in – Motor1 UK

Former grand prix boss Eddie Jordan fuelled speculation about the move in an interview with the Mail on Sunday, as he suggested that Ineos and its CEO was about to launch a £700 million buyout of the Mercedes F1 team. Jordan said: “The ownership of the team is going to be taken over by Sir… Continue reading Ineos in link to Mercedes Formula 1 buy-in – Motor1 UK

GM CEO Mary Barra: Our $2 billion deal with Nikola ‘validates’ our electric vehicle technology – Yahoo Tech

TipRanks Oppenheimer: These 2 Stocks Are Poised to Surge by Over 100% When it comes to the market’s wild swings, is the glass half empty or half full? Oppenheimer’s chief investment strategist John Stoltzfus is taking the latter view.Despite the volatility that has ruled the market over the last few weeks, Stoltzfus actually likes what… Continue reading GM CEO Mary Barra: Our $2 billion deal with Nikola ‘validates’ our electric vehicle technology – Yahoo Tech

Daimler CEO says demand has stabilised from corona lows – ETAuto.com

Kaellenius said Daimler’s talks with Ineos about selling its plant in Hambach, France were at a “very advanced stage” but declined to elaborate further pending the ongoing nature of negotiations. SINDELFINGEN: Daimler Chief Executive Ola Kaellenius said global demand for Mercedes-Benz cars has stabilised from a sharp drop in sales triggered by the coronavirus crisis.… Continue reading Daimler CEO says demand has stabilised from corona lows – ETAuto.com

Q&A: FCA’s Mark Stewart on building a new auto assembly plant during a pandemic, jobs for Detroiters – Crain’s Detroit Business

Mark Stewart arrived at Fiat Chrysler Automobiles’ North American headquarters in Auburn Hills just weeks before Christmas of 2018 after a two-year stint overseeing package fullfillment operations for Amazon. It came at a time of major change at FCA following the July 2018 death of the global automaker’s turnaround virtuoso Sergio Marchionne, Mike Manley’s asscension… Continue reading Q&A: FCA’s Mark Stewart on building a new auto assembly plant during a pandemic, jobs for Detroiters – Crain’s Detroit Business

The Incredible Shrinking GM: Mary Barra Bets That Smaller Is Better – The Wall Street Journal

Nearly a decade ago, Toyota Motor Corp. dethroned General Motors Co. as the world’s largest car company, leaving some GM executives wringing their hands. Mary Barra wasn’t among them. When she took the CEO job in early 2014, she inherited a company that for decades was so large and unwieldy executives sometimes didn’t know whether… Continue reading The Incredible Shrinking GM: Mary Barra Bets That Smaller Is Better – The Wall Street Journal

New Renault Boss Expects More Cost Cuts, Wants To Follow PSA’s Financial Strategy – CarScoops

It would appear that Renault might have to cut more costs than the 2 billion euros ($2.4 billion) in savings it had already planned on, said new CEO Luca de Meo. The new Renault boss, who came over in July from SEAT, didn’t mention exactly how much more money his company would need to save,… Continue reading New Renault Boss Expects More Cost Cuts, Wants To Follow PSA’s Financial Strategy – CarScoops

Interview: Mercedes-Benz boss on the new S-Class

Is the new Mercedes-Benz S-Class too complicated? Not according to the company’s chairman, Ola Källenius. Oddly for this Zoom and Teams-stuffed Covid comms era, he’s on the other end of a phone line in Sindelfingen, having just presided over the launch of Mercedes’ perma-pioneering luxury flagship. Phones? Surely we don’t need them where we’re going… “We’ve… Continue reading Interview: Mercedes-Benz boss on the new S-Class

Carlos Ghosn’s accused escape plotters can be extradited to Japan, US judge says – CNA

Business A U.S. judge on Friday ruled two Massachusetts men can be extradited to Japan to face charges that they helped smuggle former Nissan Motor Co Chairman Carlos Ghosn out of the country while he was awaiting trial on financial crimes.U.S. Magistrate Judge Donald Cabell in Boston rejected the arguments against extradition by U.S. Army… Continue reading Carlos Ghosn’s accused escape plotters can be extradited to Japan, US judge says – CNA

Bill Ford: We have to keep work-at-home healthy for employees – Detroit Free Press

For Bill Ford Jr., workdays and weekends have begun to blend together. Pretty much — he said — like everybody else lately. Ford plays a key role in running a multibillion-dollar global automotive company founded by his great-grandfather. The pace has always been fierce. But this is dealing with life during a pandemic. “I’m still going to… Continue reading Bill Ford: We have to keep work-at-home healthy for employees – Detroit Free Press