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AutoNation CEO sees vehicle prices moderating this year – Tampa Bay Times

DETROIT — Prices of new and used automobiles are staggeringly high, and that’s partly responsible for strong earnings last year by AutoNation, the country’s largest dealership group. Mike Manley, CEO of the Fort Lauderdale company, said used-vehicle prices are starting to ease a bit, but he doesn’t think new-vehicle supplies will improve much until the… Continue reading AutoNation CEO sees vehicle prices moderating this year – Tampa Bay Times

Ford CEO takes long journey to rebuilding old firm – 台北時報

By Keith Naughton and Edward Ludlow / Bloomberg Ford Motor Co chief executive officer Jim Farley faced intense investor pressure to spin off his company’s electric vehicle (EV) business to unlock the rich values awarded to pure-play EV outfits like Tesla Inc. Instead, he decided to squeeze more out of Ford’s 118-year-old combustion engine business.… Continue reading Ford CEO takes long journey to rebuilding old firm – 台北時報

Renault-Nissan has become ‘small and fragile,’ Ghosn says – Automotive News Europe

Ghosn said of Renault’s current management, including CEO Luca de Meo, who is betting Renault’s revival on a strategy of “value over volume”: “It’s all very well to make announcements about plans, but strategy is only 5 percent, while action and results are 95 percent.”  “Right now,” he added, “we have very mediocre results and… Continue reading Renault-Nissan has become ‘small and fragile,’ Ghosn says – Automotive News Europe

Mercedes-Benz CEO Says Raw Material Scarcity Could Delay E-Mobility – Die Zeit – carandbike

Carmakers are working to secure supplies of materials from lithium, nickel, and manganese for batteries to magnesium for car components. By  Reuters | Published: 06-Feb-22 12:00 PM IST 0  Views View Photos Scarce supply of raw materials for EVs could slow the transition from fossil-fuel burning vehicles. The scarce supply of raw materials for electric… Continue reading Mercedes-Benz CEO Says Raw Material Scarcity Could Delay E-Mobility – Die Zeit – carandbike

Carlos Ghosn Blasts Tokyo Judge Who Called Him Greedy – The Wall Street Journal

TOKYO—A Tokyo judge lashed out at fugitive car executive Carlos Ghosn, calling him a greedy and malicious criminal, and Mr. Ghosn said the statements proved why he couldn’t have gotten a fair trial in Japan. Thursday’s ruling by the Tokyo District Court was probably as close as Japanese courts will get to rendering a verdict… Continue reading Carlos Ghosn Blasts Tokyo Judge Who Called Him Greedy – The Wall Street Journal

Mary Barra ready to prove GM stock is as valuable as Tesla – Detroit Free Press

General Motors CEO Mary Barra is masterful at masking what must be an annoying question she is regularly asked. Is GM stock undervalued? In short, she has said, yes, it is. See Barra has a vision: She has been transforming GM over the past several years to make it a technology company, one that happens to make cars. Go… Continue reading Mary Barra ready to prove GM stock is as valuable as Tesla – Detroit Free Press

Ex-Daimler boss Dieter Zetsche tapped for new auto-focused SPAC – Automotive News Europe

January 21, 2022 05:36 AM Zetsche will head 4th automotive-focused special purpose acquisition company from Kesington Capital Bloomberg BLOOMBERG Zetsche left Daimler in 2019. Kensington Capital, whose blank-check companies have already taken public QuantumScape and Wallbox has tapped former Daimler chief Dieter Zetsche as vice chairman for a fourth automotive-focused special purpose acquisition company. Its… Continue reading Ex-Daimler boss Dieter Zetsche tapped for new auto-focused SPAC – Automotive News Europe

Q&A: AutoNation CEO Sees Vehicle Prices Moderating This Year – Transport Topics Online

[Stay on top of transportation news: Get TTNews in your inbox.] DETROIT — Prices of new and used automobiles are staggeringly high, and that’s partly responsible for strong earnings last year by AutoNation, the country’s largest dealership group. Mike Manley, CEO of the Fort Lauderdale, Fla., company, said used-vehicle prices are starting to ease a… Continue reading Q&A: AutoNation CEO Sees Vehicle Prices Moderating This Year – Transport Topics Online