Ford CEO resists employees’ push to end sales of police vehicles

Sophia Cai, Bloomberg Published 3:21 p.m. ET July 9, 2020 | Updated 3:24 p.m. ET July 9, 2020 Ford Motor Co.’s top executive has pushed back against some employees calling for the top seller of vehicles to U.S. police departments to exit the business. Chief Executive Officer Jim Hackett sent a more than 600-word letter… Continue reading Ford CEO resists employees’ push to end sales of police vehicles

Judge dismisses GM’s racketeering lawsuit against Fiat Chrysler

Detroit — A federal judge on Wednesday dismissed “with prejudice” General Motors Co.’s racketeering lawsuit against Fiat Chrysler Automobiles NV. U.S. District Court Judge Paul Borman threw out the case after he had previously ordered GM CEO Mary Barra and FCA CEO Mike Manley to meet in person and come to a resolution in the matter. An appeals… Continue reading Judge dismisses GM’s racketeering lawsuit against Fiat Chrysler

Court overturns order to have GM, Fiat Chrysler chiefs meet

The Associated Press Published 8:17 p.m. ET July 6, 2020 | Updated 8:32 p.m. ET July 6, 2020 Detroit – An appeals court on Monday said the CEOs of General Motors and Fiat Chrysler don’t have to meet to settle a lawsuit between the two automakers. The court overturned an extraordinary decision by a federal… Continue reading Court overturns order to have GM, Fiat Chrysler chiefs meet

Ghosn wired $860,000 to alleged escape plotter’s firm, US says

David Yaffe-Bellany, Bloomberg Published 3:28 p.m. ET July 7, 2020 | Updated 3:31 p.m. ET July 7, 2020 Former Nissan Motor Co. chief Carlos Ghosn transferred more than $860,000 in October to a company managed by one of the men accused of helping him escape criminal charges in Japan two months later, U.S. prosecutors said.… Continue reading Ghosn wired $860,000 to alleged escape plotter’s firm, US says

Ford to end production of the Lincoln Continental at end of 2020

Autoplay Show Thumbnails Show Captions Last SlideNext Slide Ford Motor Co. confirmed Wednesday it will permanently end production of the Lincoln Continental built at the Blue Oval’s Flat Rock Assembly Plant. The move is just the latest in the Dearborn automaker’s long-term strategy of ditching sedans and compact cars in favor of a wider array of profit-rich trucks and… Continue reading Ford to end production of the Lincoln Continental at end of 2020

Citroen unveils new hatchback as virus pushes event online

David Mchugh, Associated Press Published 5:05 p.m. ET June 30, 2020 | Updated 5:12 p.m. ET June 30, 2020 Frankfurt, Germany – PSA Group unveiled one of its most important new models Tuesday with 20 people physically present and 2,600 watching online – a marketing configuration that the coronavirus seems likely to accelerate across the… Continue reading Citroen unveils new hatchback as virus pushes event online

GM cuts shift at Spring Hill plant after pandemic hurts demand

The COVID-19 pandemic’s impact on market demand has led General Motors Co. to lay off the third shift at its Spring Hill, Tennessee, plant.  The layoff, which comes a week after GM initially just postponed the addition of the shift, affects 680 employees at the plant where the Cadillac XT5, XT6 and GMC Acadia SUVs are built. Transfer opportunities to… Continue reading GM cuts shift at Spring Hill plant after pandemic hurts demand

Magna will expand Highland Park seating plant, creating 480 new jobs

Magna International Inc. is investing more than $35 million to expand its Highland Park plant after winning two new full seat assembly contracts, according to the Michigan Economic Development Corp. The plan is expected to create 480 new jobs, including nearly 300 entry-level positions, just as the automotive supplier sector faces deep strains following weeks… Continue reading Magna will expand Highland Park seating plant, creating 480 new jobs

Ford and Fiat Chrysler return to full production Monday

Ford Motor Co. will resume its full, pre-coronavirus production schedule in the U.S. on Monday, two weeks sooner than it had planned. When Fiat Chrysler Automobiles restarts its second shift at Belvidere Assembly in Illinois on Monday, it too will be back to regular production. And General Motors Co. said all of its truck and SUV plants are… Continue reading Ford and Fiat Chrysler return to full production Monday

Ford changes Bronco reveal date originally on OJ Simpson’s birthday

Ford Motor Co. has rescheduled the unveiling of the new Bronco SUV amid controversy over a previous reveal date that coincided with the birthday of the Bronco’s most infamous passenger, O.J. Simpson. “The reveal of the all-new Ford Bronco lineup will now happen on Monday, July 13,” Ford spokesman Mark Truby said on Twitter Friday.… Continue reading Ford changes Bronco reveal date originally on OJ Simpson’s birthday