General Motors CEO and Chairman Mary Barra told CNBC on Wednesday she is “cautiously optimistic” about consumer demand returning as well as a global economic recovery as businesses continue to reopen following shutdowns due to the coronavirus pandemic. “We’ve been pleasantly surprised how demand has come back,” she said in a “Squawk Box” interview. Barra said the company… Continue reading GM CEO Mary Barra ‘cautiously optimistic’ on coronavirus recovery, consumer demand – CNBC
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GM’s Mary Barra Sees U.S. Transition to Electric Cars Taking Decades – Bloomberg
GM’s Mary Barra Sees U.S. Transition to Electric Cars Taking Decades Bloomberg Go to Source
The Story Of The 2005 Ford GT As Told By Its Designer – Muscle Cars and Trucks Media
Can you think of an American mid-engined supercar with a supercharged V8, manual gearbox and strikingly vintage looks that is on sale today? Didn’t think so. Can you think of one from the last 20 years? If the 2005 Ford GT came to mind, you’re thinking of one of the only modern cars made in… Continue reading The Story Of The 2005 Ford GT As Told By Its Designer – Muscle Cars and Trucks Media
Mary Barra: How GM shifted to high gear during coronavirus pandemic – Detroit Free Press
CLOSE GM hit a snag in its production of medical face masks when it came to sanitizing them. That’s when the Red Wings and two other NHL teams stepped in. Wochit The time it takes to get things done inside General Motors has been transformed during the coronavirus pandemic, as the company has shifted its… Continue reading Mary Barra: How GM shifted to high gear during coronavirus pandemic – Detroit Free Press
Volkswagen mulls further cost cuts to cope with downturn – Financial World
Volkswagen AG, the Wolfsburg-based German multinational automotive industry tycoon that had sold the largest number of passenger cars in both 2019 and 2018 despite a cataclysmic outlook in the automaking industry, had been exploring an option to slash expenses further in order to see through the financial fallouts of the pandemic outbreak, a spokesman for… Continue reading Volkswagen mulls further cost cuts to cope with downturn – Financial World
The Station: Cruise cuts, Waymo snags more cash and a VC Mobility survey – TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi and welcome back to The Station. I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. If you’re interested in all the future and present ways people… Continue reading The Station: Cruise cuts, Waymo snags more cash and a VC Mobility survey – TechCrunch
New Aston Martin CEO Calls Himself A “Strategist”, Aims To Replicate Mercedes-AMG Success – CarScoops
Soon-to-be former Mercedes-AMG boss Tobias Moers has managed to quadruple vehicle sales for Daimler’s performance division to a record 132,136 units last year, while also expanding the product line. Come August, he will take over for Andy Palmer as Aston Martin CEO and will look to reverse the fortunes of a cash-strapped carmaker that’s bet… Continue reading New Aston Martin CEO Calls Himself A “Strategist”, Aims To Replicate Mercedes-AMG Success – CarScoops
Coffee with CAR: an interview with Tobias Moers – CAR Magazine
► Coffee with Moers in Affalterbach► Just months before his switch to Gaydon► A snapshot of AMG’s plans Tobias Moers is now the CEO of Aston Martin, replacing Andy Palmer in the hotseat at Gaydon. It marks the end of a six-year tenure for Palmer, but also the ending of an almost thirty-year partnership for… Continue reading Coffee with CAR: an interview with Tobias Moers – CAR Magazine
Ex Green Beret Charged With Helping Carlos Ghosn Flee Japan – TIME
A onetime U.S. Army Special Forces member accused of assisting in the cloak-and-dagger escape of Nissan Motor Co.’s former chairman from Japan will fight any attempt to extradite him from the U.S., according to his lawyer. Michael Taylor, 59, was taken into custody Wednesday by U.S. Marshals and faces possible extradition to Japan for his… Continue reading Ex Green Beret Charged With Helping Carlos Ghosn Flee Japan – TIME
Aston Martin tumbles after saying it may seek more funding – Gulf News
1 of 9 STEPS TO CUT COSTS: Aston Martin Lagonda Global Holdings Plc said it may raise more funds and will take further steps to cut costs and control cash as the coronavirus pandemic weighs on business. The British manufacturer reported a wider first-quarter loss and a 60% drop in revenue. The carmaker recently got… Continue reading Aston Martin tumbles after saying it may seek more funding – Gulf News