Days after another dismal earnings report, Ford Motor Co. CEO Jim Hackett sent a blunt message during an internal town hall: I’m not going anywhere. If there were any doubts in the crowd about that statement, Hackett underscored it by discussing the early retirement of Joe Hinrichs, a Ford president whom many had seen as a… Continue reading Ford’s CEO has support where It matters despite Wall Street skeptics – Automotive News Europe
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Jeep’s New Three-Row Crossover Looks Like A Grand Cherokee XL – CarScoops
Three-row crossovers and SUVs have exploded in popularity, but Jeep hasn’t sold one in the United States since the Commander went out of production in 2010. That’s about to change as spy photographers have snapped pictures of an all-new three-row crossover which is slated to go into production later this year. Little is known about… Continue reading Jeep’s New Three-Row Crossover Looks Like A Grand Cherokee XL – CarScoops
$2 million: Ford’s newly appointed COO Jim Farley gets a raise – Livemint
Ford Motor Co.’s new chief operating officer, Jim Farley, is getting a raise worth almost $2 million to help engineer a turnaround at the struggling automaker. Farley, previously Ford’s president of new business, technology and strategy, is to receive as much as $1.98 million in extra salary, bonus and stock in his new role, the… Continue reading $2 million: Ford’s newly appointed COO Jim Farley gets a raise – Livemint
Super GT entry “very appealing, exciting” for R-Motorsport – The Union Journal
The Swiss team revealed at the end of last month that it will certainly tip down from the German visiting cars and truck collection after simply one period of independently running the Vantage DTM under permit from Aston Martin. However, the expertise it acquired in developing the version can verify beneficial in a capacity entry… Continue reading Super GT entry “very appealing, exciting” for R-Motorsport – The Union Journal
Autocar UK Exclusive: Andy Palmer on Lawrence Stroll’s stake buy and future – Autocar Professional
Aston Martin chief executive Andy Palmer talks exclusively to Autocar UK following the announcement that billionaire Lawrence Stroll is investing in the firm.“I’m getting too old for all-nighters, but let’s just say it was a late night! It has been time-consuming, but as I sit here now the company is better funded than it has… Continue reading Autocar UK Exclusive: Andy Palmer on Lawrence Stroll’s stake buy and future – Autocar Professional
PSA’s DS brand comes out of Citroen’s shadow – Automotive News Europe
DS Automobiles was spun off from Citroen in 2014, but it took until 2018 before its first brand-specific model, the DS 7 Crossback compact SUV, went on sale. The smaller DS 3 Crossback, which will have an electric version of parent PSA Group’s CMP architecture, was launched last year. Four more DS models are expected… Continue reading PSA’s DS brand comes out of Citroen’s shadow – Automotive News Europe
Aston Martin delays electric car plans after raising emergency funds – The Verge
Aston Martin has officially delayed all plans for electric vehicles after taking on a desperately-needed new investment from Formula One billionaire Lawrence Stroll. The company says it has indefinitely suspended its first electric car, the Rapide E, after refusing to confirm rumors about the project earlier this month. And it has pushed the launch of… Continue reading Aston Martin delays electric car plans after raising emergency funds – The Verge
VW Chief Upbeat on Electric-Car Battle With Tesla: Davos Update – swissinfo.ch
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Daimler chairman calls for ‘universal CO2 tax’ – Korea Times
Daimler AG Chairman Ola Kallenius poses with the Mercedes-Benz VISION AVTR during the brand’s press conference at the 2020 Consumer Electronics Show in Las Vegas, Tuesday (KST). Courtesy of Mercedes-Benz By Nam Hyun-wooLAS VEGAS ― Daimler AG Chairman and CEO Ola Kallenius called for additional taxation for CO2 which is “universal across industries” as it… Continue reading Daimler chairman calls for ‘universal CO2 tax’ – Korea Times
General Motors wants to replicate GMC’s Denali ‘money machine’ with expanded AT4 off-road lineup – CNBC
GM plans to expand an off-road sub-brand called AT4 across its vehicle lineup in 2020. GM DETROIT – General Motors wants to replicate the success of its “money machine” Denali lineup of pickups and SUVs to boost profits as auto sales slow and competition in the lucrative truck market increases. The Detroit automaker is expanding… Continue reading General Motors wants to replicate GMC’s Denali ‘money machine’ with expanded AT4 off-road lineup – CNBC