Aston Martin announces IPO plans

Aston Martin made it official on Wednesday, the company has alerted UK stock market regulators that it plans to list at least 25 percent of the company on the London stock exchange. Continue Reading Below The British sports car maker, known for its role in James Bond movies and luxury cars like the DB11, plans… Continue reading Aston Martin announces IPO plans

Ford’s New CEO Has a Cerebral Style—and to Many, It’s Baffling

Senior executives at Ford Motor Co. have come to expect emails from their new boss, Chief Executive Jim Hackett, that include links to TED Talks and articles from Science Daily. They often come around 11 p.m., when he catches up on his reading. The former chief of an office-furniture maker, Mr. Hackett frequently references the… Continue reading Ford’s New CEO Has a Cerebral Style—and to Many, It’s Baffling

Volkswagen has ‘ideas’ for electric R model

Volkswagen’s electric renaissance is underway, with the ID hatch, Buzz people mover and ID Crozz crossover all approved for production. Now, the German giant is considering adding some pep to the range. Jost Capito, head of VW’s R division, told Autocar UK that the brand has “an idea [for an electric R], based on what’s… Continue reading Volkswagen has ‘ideas’ for electric R model

Ford is saying goodbye to cars and hello to batteries

Ford made waves recently when it announced it would stop producing cars (except for the iconic Mustang) — in favor of SUVs, trucks and other large vehicles — for the United States. It wasn’t a big surprise and if anything it was expected since SUV and truck sales are growing while car sales plummet. But… Continue reading Ford is saying goodbye to cars and hello to batteries

French Carmaker Likely To Halt Iran Operations As Other Companies Leave

French car manufacturer Renault says it is likely to leave Iran to avoid renewed U.S. sanctions in spite of previous promises to remain. Several other major companies including Maersk, Total, Peugeot, General Electric, Boeing, Reliance, and Siemens have already left Iran to evade U..S sanctions, which economic experts in Iran say will hit Iranians even… Continue reading French Carmaker Likely To Halt Iran Operations As Other Companies Leave

‘Zero’ chance of Renault taking over Nissan, Mitsubishi: Carlos Ghosn

Renault SA absorbing Nissan Motor Co. and Mitsubishi Motors Corp is not an option as the carmakers look to strengthen their partnership while retaining their autonomy, alliance chairman Carlos Ghosn said on Friday. “Anybody who will ask Nissan and Mitsubishi to become wholly owned subsidiaries of Renault has zero chance of getting a result,” Ghosn… Continue reading ‘Zero’ chance of Renault taking over Nissan, Mitsubishi: Carlos Ghosn

Renault CEO Carlos Ghosn takes auto industry challenges in his stride

With the 2018 World Cup in full swing, Carlos Ghosn, chairman of the Renault-Nissan-Mitsubishi Alliance, has plenty to be optimistic about. Born in Brazil’s tin mining town of Porto Velho, raised in Lebanon and schooled in France, and as boss of a Franco-Japanese auto conglomerate headquartered in the Netherlands, he has a number of teams… Continue reading Renault CEO Carlos Ghosn takes auto industry challenges in his stride

Bill Ford Jr. interview: The complete transcript

And as I was driving back and forth to The Factory, a couple of things struck me. One was how quick the trip was down Michigan Avenue from Dearborn. But also, I’d always had this vision that we would build the future of Ford Motor Co., particularly as it pertained to autonomy, we needed to… Continue reading Bill Ford Jr. interview: The complete transcript

Bill Ford on CEO Hackett: ‘I love having him here’

CLOSE Bill Ford talks Detroit, last name Ford vs Forde Eric Seals, Detroit Free Press Buy Photo Jim Hackett, President and Chief Executive Officer of Ford Motor Company, with Bill Ford Jr. during the North American International Auto Show in Detroit in January 2018. (Photo: Mandi Wright, Detroit Free Press)Buy Photo Ford CEO Jim Hackett… Continue reading Bill Ford on CEO Hackett: ‘I love having him here’

Bill Ford Jr.: The complete interview

Ford Motor Co. Executive Chairman Bill Ford Jr. sat down with Crain’s Senior Reporter Chad Livengood and Automotive News’ Ford beat reporter Michael Martinez for a wide-ranging interview June 14 about the automaker’s purchase and plans for redeveloping the Michigan Central Station. Ford said the company plans to have up to 2,500 employees working in… Continue reading Bill Ford Jr.: The complete interview