Ford Shares Hit 10-Year Low, But CEO Hackett Has Chairman’s Ear – Yahoo Finance

(Bloomberg) — Days after another dismal earnings report, Ford Motor Co. Chief Executive Officer Jim Hackett sent a blunt message during an internal town hall: I’m not going anywhere. If there were any doubts in the crowd about that statement, Hackett underscored it by discussing the early retirement of Joe Hinrichs, a Ford president whom… Continue reading Ford Shares Hit 10-Year Low, But CEO Hackett Has Chairman’s Ear – Yahoo Finance

Howes: Failed execution, culture weigh on Ford performance, shares – The Detroit News

When historians record the six years since Alan Mulally retired as CEO of Ford Motor Co., the chapter could be entitled “A Chronicle of Wasted Time.” Here was COO-designate Jim Farley using a Wednesday presentation to investors to deliver a message as bracing as a bucket of ice water: “I can see it on the face of… Continue reading Howes: Failed execution, culture weigh on Ford performance, shares – The Detroit News

Ford’s CEO has support where It matters despite Wall Street skeptics – Automotive News Europe

Days after another dismal earnings report, Ford Motor Co. CEO Jim Hackett sent a blunt message during an internal town hall: I’m not going anywhere. If there were any doubts in the crowd about that statement, Hackett underscored it by discussing the early retirement of Joe Hinrichs, a Ford president whom many had seen as a… Continue reading Ford’s CEO has support where It matters despite Wall Street skeptics – Automotive News Europe

Jeep’s New Three-Row Crossover Looks Like A Grand Cherokee XL – CarScoops

Three-row crossovers and SUVs have exploded in popularity, but Jeep hasn’t sold one in the United States since the Commander went out of production in 2010. That’s about to change as spy photographers have snapped pictures of an all-new three-row crossover which is slated to go into production later this year. Little is known about… Continue reading Jeep’s New Three-Row Crossover Looks Like A Grand Cherokee XL – CarScoops

$2 million: Ford’s newly appointed COO Jim Farley gets a raise – Livemint

Ford Motor Co.’s new chief operating officer, Jim Farley, is getting a raise worth almost $2 million to help engineer a turnaround at the struggling automaker. Farley, previously Ford’s president of new business, technology and strategy, is to receive as much as $1.98 million in extra salary, bonus and stock in his new role, the… Continue reading $2 million: Ford’s newly appointed COO Jim Farley gets a raise – Livemint

Super GT entry “very appealing, exciting” for R-Motorsport – The Union Journal

The Swiss team revealed at the end of last month that it will certainly tip down from the German visiting cars and truck collection after simply one period of independently running the Vantage DTM under permit from Aston Martin. However, the expertise it acquired in developing the version can verify beneficial in a capacity entry… Continue reading Super GT entry “very appealing, exciting” for R-Motorsport – The Union Journal

Autocar UK Exclusive: Andy Palmer on Lawrence Stroll’s stake buy and future – Autocar Professional

Aston Martin chief executive Andy Palmer talks exclusively to Autocar UK following the announcement that billionaire Lawrence Stroll is investing in the firm.“I’m getting too old for all-nighters, but let’s just say it was a late night! It has been time-consuming, but as I sit here now the company is better funded than it has… Continue reading Autocar UK Exclusive: Andy Palmer on Lawrence Stroll’s stake buy and future – Autocar Professional

PSA’s DS brand comes out of Citroen’s shadow – Automotive News Europe

DS Automobiles was spun off from Citroen in 2014, but it took until 2018 before its first brand-specific model, the DS 7 Crossback compact SUV, went on sale. The smaller DS 3 Crossback, which will have an electric version of parent PSA Group’s CMP architecture, was launched last year. Four more DS models are expected… Continue reading PSA’s DS brand comes out of Citroen’s shadow – Automotive News Europe

Aston Martin delays electric car plans after raising emergency funds – The Verge

Aston Martin has officially delayed all plans for electric vehicles after taking on a desperately-needed new investment from Formula One billionaire Lawrence Stroll. The company says it has indefinitely suspended its first electric car, the Rapide E, after refusing to confirm rumors about the project earlier this month. And it has pushed the launch of… Continue reading Aston Martin delays electric car plans after raising emergency funds – The Verge