Author: Interview Scanning Online

Big portion of future GM electric vehicles for China market: executive

DETROIT (Reuters) – General Motors Co’s China unit will sell a “substantial portion” of the automaker’s future electric vehicles, GM China President Matt Tsien said on Wednesday. In a briefing at GM headquarters, Tsien said, “China is at the heart of our electrification strategy.” Tsien did not say which GM brands would sell electric vehicles… Continue reading Big portion of future GM electric vehicles for China market: executive

Ford CEO Jim Hackett on the future of computing, cities, and self-driving cars

In May 2017, Ford announced that it had replaced its CEO, Mark Fields, who had been with the company since 1989, with Jim Hackett. Despite being on Ford’s board since 2013, Hackett was probably best known for leading Steelcase, the large office-furniture company, for decades and turning around its fortunes, as well as for working… Continue reading Ford CEO Jim Hackett on the future of computing, cities, and self-driving cars

Wall Street sours on Hackett’s Ford

DETROIT — To hear Wall Street tell it, Ford Motor Co. is in dire straits. Ford shares last week fell under $11, lower than when Jim Hackett became CEO last May, despite big gains for the broader market in those eight months. Ford’s earnings outlook for the year dimmed in light of lower-than-expected 2017 results.… Continue reading Wall Street sours on Hackett’s Ford

Daimler struggling with European emissions standards

Dieter Zetsche, chairman of the management board of Daimler, says his company is struggling to meet tightened European emissions standards The chief executive of Daimler said Monday at the Detroit auto show that his company cannot currently guarantee it can meet tougher European CO2 emissions standards taking effect in several years. Dieter Zetsche, CEO of… Continue reading Daimler struggling with European emissions standards

BMW boss Harald Krüger: “Maybe some underestimated me”

As BMW chairman of the board for the last three two years, Harald Krüger was faced with many challenges during his tenure, from the industry-wide diesel issues in Europe to electrification of the fleet and fierce competition from new and old automakers. However, in an interview with the German Manager Magazin that the 53-year-old Krüger… Continue reading BMW boss Harald Krüger: “Maybe some underestimated me”

FCA Shares Remain Strong Despite Marchionne’s Jeep Embrace

Sergio Marchionne, CEO of Fiat Chrysler Automobiles answers a question at the 2018 North American International Auto Show in Detroit. (Photo credit JEWEL SAMAD/AFP/Getty Images) Fiat Chrysler Automobiles (FCA) shares slipped back slightly after CEO Sergio Marchionne threw cold water on speculation it might sell the Jeep SUV subsidiary. But the rally since the start… Continue reading FCA Shares Remain Strong Despite Marchionne’s Jeep Embrace

Dumped Cars, EV Dreams: What We Learned at the Detroit Auto Show

The auto industry is undergoing the most upheaval since the advent of Henry Ford’s assembly line. The changes were as evident as the meteor and sonic boom that rattled the frigid city of Detroit this week. The rise of autonomy and electrification and an exodus by Detroit’s hometown automakers from car segments loomed large at… Continue reading Dumped Cars, EV Dreams: What We Learned at the Detroit Auto Show

Ferrari Announces An All-Electric Supercar Is Coming

Head honcho Sergio Marchionne says it will be the first of its kind, though it has been done before. A Ferrari without a combustion engine already exists in the shape of the all-electric 308 GTS pictured here, but it didn’t come like that straight from Maranello. If you’re keen on the idea of buying a… Continue reading Ferrari Announces An All-Electric Supercar Is Coming