PSA Group re-states Brexit warning for Vauxhall Ellesmere Port plant – AM

​PSA Group chairman and chief executive Carlos Tavares has re-stated the French carmaker’s warning that Vauxhall’s Ellesmere Port plant could be closed if Brexit makes it unprofitable. In an interview with the Financial Times Tavares said that Vauxhall, “has another plant in mind” if the conditions of Brexit are “unfavourable”. “Frankly I would prefer to… Continue reading PSA Group re-states Brexit warning for Vauxhall Ellesmere Port plant – AM

Aston Martin boss Andy Palmer speaks of ‘most difficult weeks of my career’ – Car Dealer Magazine

ASTON Martin boss Andy Palmer has spoken of enduring ‘some of the most difficult weeks of his career’ in an interview with an American automotive website. Palmer was speaking after a particularly problematic spell for the luxury British sports car manufacturer. Its share price plunged after it announced 2019 production levels would be lower than originally… Continue reading Aston Martin boss Andy Palmer speaks of ‘most difficult weeks of my career’ – Car Dealer Magazine

Carlos Ghosn Ran a Tech Fund—Using Millions From an Executive at a Nissan Partner – The Wall Street Journal

Nissan Motor Co. boss Carlos Ghosn built a parallel business as an investor in Silicon Valley with his son, using millions of dollars he received from an executive at a Nissan business partner in Oman. The operation, known only to a handful of people, adds crucial new details to what is seen as the most… Continue reading Carlos Ghosn Ran a Tech Fund—Using Millions From an Executive at a Nissan Partner – The Wall Street Journal

Aston Martin Thinks DBX SUV Will Be Brand’s Most Important Car Ever – Motor1.com

Consumers are continuing to flock to the SUV segment. Aston Martin is in an interesting place right now. The Valhalla, a friendlier version of the Valkyrie, is rumored to bow in 2021 with Valkyrie deliveries expected to start by the end of the year. The British automaker is also forging ahead with hybridization and electrification… Continue reading Aston Martin Thinks DBX SUV Will Be Brand’s Most Important Car Ever – Motor1.com

Aston Martin CEO Says Consolidation Is The Future Of The Industry – Carscoops

Aston Martin chief executive Andy Palmer says consolidation across the automotive industry is inevitable as car manufacturers work on developing electric, connected and autonomous cars. During an all-encompassing interview with Motor Trend, Palmer said that there is no way all car manufacturers can simply develop their own electric and self-driving vehicles and expect to make… Continue reading Aston Martin CEO Says Consolidation Is The Future Of The Industry – Carscoops

Aston Martin CEO: Valhalla, Vanquish, and Lapping the ‘Ring – Motor Trend

In the past few years, Aston Martin has launched or unveiled massively capable track weapons like the Valkyrie and Valhalla that create sporting credibility for the rest of the lineup—not to mention the Mercedes-AMG-powered Vantage and the manual transmission Vantage AMR. Much of the credit for this renaissance can be attributed to Andy Palmer taking… Continue reading Aston Martin CEO: Valhalla, Vanquish, and Lapping the ‘Ring – Motor Trend

Renault’s new boss finds plenty to worry about – The Times

By his own admission, Jean-Dominique Senard, who has the unenviable task of getting Renault’s stuttering alliance with Nissan back on the road, is one of life’s natural worriers. Yet even Senard has had more than usual to fret about since taking over as chairman of the French car-maker in January, two months after the arrest… Continue reading Renault’s new boss finds plenty to worry about – The Times

Groupe PSA: #aCoffeeWithCarlosTavares Meeting n°5: Sharing Economy – Interview with Philippe Bihouix – Business Wire

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): Excerpts: Philippe Bihouix declares about sharing economy: “The use of raw materials and scarce resources has not decreased. Indeed, gains in efficiency of products are counterbalanced by an increase in consumption. This is true for mobility. With carpooling offers, for example, people travel more. Carsharing is a relevant… Continue reading Groupe PSA: #aCoffeeWithCarlosTavares Meeting n°5: Sharing Economy – Interview with Philippe Bihouix – Business Wire

Ford CEO: We were disrupting the auto industry long before Elon Musk – CNN

The auto industry is going through massive change — and Tesla and its outspoken CEO, Elon Musk, are seen as the great disruptors. But as Ford CEO Jim Hackett pointed out during a recent interview for CNN Business’ The Table with Poppy Harlow in Detroit, his company caused, arguably, the biggest industrial disruption of the… Continue reading Ford CEO: We were disrupting the auto industry long before Elon Musk – CNN