General Motors’ No. 2 exec to run self-driving car unit – Albany Times Union

In this Nov. 20, 2018, photo provided by General Motors/Cruise, from left, Cruise Automation’s Dan Kan and Kyle Vogt pose for a photo with General Motors’ Dan Ammann at Cruise Automation offices in San Francisco, Calif. General Motors?? No. 2 executive is moving from Motor City to Silicon Valley to run the automaker??s self-driving car… Continue reading General Motors’ No. 2 exec to run self-driving car unit – Albany Times Union

GM president Ammann named CEO of GM Cruise, Vogt shifts to CTO – The Detroit News

In a continuing corporate shake up, General Motors Co. President Dan Ammann will become CEO of the automaker’s autonomous-car unit, GM Cruise LLC. (Photo: David Guralnick, David Guralnick / The Detroit Ne) In yet another move to restructure its business, General Motors Co. President Dan Ammann will become the new head of GM Cruise LLC, replacing Kyle… Continue reading GM president Ammann named CEO of GM Cruise, Vogt shifts to CTO – The Detroit News

General Motors shares soar as SoftBank invests $2.25 billion in automaker’s self-driving vehicles – CNBC

General Motors said Thursday that SoftBank Vision Fund plans to invest $2.25 billion in GM Cruise Holdings, further boosting the automaker’s efforts with autonomous vehicle technology. GM shares were up nearly 11 percent midmorning Thursday, on track for their best day since the company went public again in November 2010. GM also will make a… Continue reading General Motors shares soar as SoftBank invests $2.25 billion in automaker’s self-driving vehicles – CNBC

PSA’s CEO on What It Will Take to Re-Enter the U.S. – Automobile

Our New York bureau chief Jamie Kitman recently sat down with the CEO of French automaker PSA Carlos Tavares to further discuss the company’s future in North America and across the globe. Note: This interview, which took place before the recent Carlos Ghosn scandal, has been edited for clarity. Automobile Magazine: Why come back to… Continue reading PSA’s CEO on What It Will Take to Re-Enter the U.S. – Automobile

Ghosn Investigators Focus on Ties to Saudi Businessman – Wall Street Journal

TOKYO—The latest investigation by Tokyo prosecutors into Nissan Motor Co.’s Carlos Ghosn centers on his relationship with a Saudi Arabian businessman, Khaled Al Juffali, who runs part of Nissan’s Middle East business, according to people familiar with the matter. Some of the people said payments by Nissan to a Juffali company—on which prosecutors have cast… Continue reading Ghosn Investigators Focus on Ties to Saudi Businessman – Wall Street Journal

Nissan and Renault Face Leadership Crisis After C.E.O. Is Jailed – The New York Times

During the nearly two decades he dominated the alliance of Renault and Nissan, Carlos Ghosn achieved something of a miracle in the auto world. He managed to get the French and Japanese companies to act as one entity so both could prosper in an industry where scale is everything. Now that Mr. Ghosn is in… Continue reading Nissan and Renault Face Leadership Crisis After C.E.O. Is Jailed – The New York Times

After Ghosn, auto alliance faces uncertain future – Nikkei Asian Review

TOKYO — Just days after they cemented their landmark automotive alliance on March 27, 1999, the heads of Renault and Nissan inadvertently revealed a fundamental disagreement that lay at the heart of their new partnership. Speaking moments after a news conference in New York, Louis Schweitzer, Renault’s chairman and chief executive officer, raised the possibility… Continue reading After Ghosn, auto alliance faces uncertain future – Nikkei Asian Review

Carlos Tavares: electric cars could be more problematic than people think – Autocar

The switch from combustion engined to electrified powertrains will bring greater societal issues than the car industry alone can either consider or address, PSA Group CEO Carlos Tavares has warned. Outlining his firm’s strategy to have half its cars electrified in some form by 2020, and to offer a fully electrified line up by 2025,… Continue reading Carlos Tavares: electric cars could be more problematic than people think – Autocar

Peugeot Returns to U.S. to Help People Get Around, but Not With Its Cars – The New York Times

PARIS — Nearly three decades ago, Peugeot abandoned the United States market, stung by years of dwindling sales that were punctuated by a dispiriting 4,291 cars sold in 1990. Two years ago, Peugeot’s parent, the big European carmaker PSA Group, announced its return to the cutthroat North American market. The move stunned some industry observers… Continue reading Peugeot Returns to U.S. to Help People Get Around, but Not With Its Cars – The New York Times