Jim Hackett, President and CEO of Ford Motor Company, speaks during their press preview at the 2018 North American International Auto Show in Detroit in January 2018. (Photo: JEWEL SAMAD, AFP/Getty Images) Ford CEO Jim Hackett earned total compensation of $16.7 million in 2017, his first calendar year at the company’s helm, the automaker said Thursday.… Continue reading Ford releases salary, pay ratio data for entire workforce
Tag: GM
GM partner's self-driving car gets a ticket from San Francisco cop
CLOSE Ford Motor Co. is making Miami-Dade County its new test bed for self-driving vehicles. Ford Cruise Automation self-driving test vehicle navigates the urban streets of San Francisco, CA. (Photo: Karl Nielsen for Cruise Automation) It sounds like the setup for a joke: A self-driving car got a ticket last week in San Francisco, KPIX-TV… Continue reading GM partner's self-driving car gets a ticket from San Francisco cop
New 2018 Ford Focus teased ahead of 10 April reveal
Ford has teased the new fourth-generation Focus and has confirmed that its next family hatchback and Volkswagen Golf rival will be revealed on 10 April. The short teaser edit reveals some of the finer details of the new car’s design. We get a good look at the new headlights, complete with a fresh strikethrough LED… Continue reading New 2018 Ford Focus teased ahead of 10 April reveal
BRIEF-General Motors Says GM’S U.S. Retail Sales In March Were Up 14% Y-O-Y
* GENERAL MOTORS SAYS GM’S U.S. RETAIL SALES IN MARCH WERE UP 14 PERCENT YEAR OVER YEAR Source text (http://bit.ly/2Gz9T1P) Further company coverage: Go to Source
GM to Begin Reporting U.S. Sales on a Quarterly Basis
General Motors announced today it will begin reporting its U.S. vehicle sales on a quarterly basis, effective immediately. In 2018, second quarter sales will be released on July 3, third quarter sales on October 2 and fourth quarter sales on January 3, 2019.
Nissan Leaf refurbished batteries offered for older electric cars, in Japan
Follow John 2013 Nissan Leaf, Nashville area test drive, April 2013 Enlarge Photo With more than 300,000 Nissan Leaf electric cars on the road, some more than six years old, battery degradation is becoming more and more of an issue. The different rates of capacity loss are a topic of much discussion among Leaf owners,… Continue reading Nissan Leaf refurbished batteries offered for older electric cars, in Japan
Motherson to acquire Reydel Automotive Group for $201m
Motherson Sumi Systems Ltd (MSSL), the flagship company of the Samvardhana Motherson Group (SMG), through its subsidiary Samvardhana Motherson Automotive Systems Group (SMRP BV), has announced the proposed acquisition of Reydel Automotive Group (Reydel), a privately held portfolio company of Cerberus Capital Management (Cerberus) that manufactures interior components and modules for global automotive customers. The… Continue reading Motherson to acquire Reydel Automotive Group for $201m
UPDATE 2-GM Korea’s March sales dive; seeks to halt one shift at Bupyeong plant
SEOUL (Reuters) – General Motors Co’s South Korean unit has proposed suspending one of two shifts at a plant near Seoul, an internal union newsletter seen by Reuters showed, increasing uncertainty about the fate of the factory as the U.S. automaker grapples with slumping sales. Vehicles are assembled at an assembly line of GM Korea’s… Continue reading UPDATE 2-GM Korea’s March sales dive; seeks to halt one shift at Bupyeong plant
Top Automotive Industry News for Week of March 26 – April 1, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week March 26, 2018 – April 1, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 2018 New York Auto Show New Vehicle Debuts (Car and Driver)… Continue reading Top Automotive Industry News for Week of March 26 – April 1, 2017
VW Boss Predicts ‘Renaissance’ for Embattled Diesel Cars
Toyota Motor Corp. announced plans to drop diesel models from its European portfolio this year even as Volkswagen AG, which sparked the fury over the technology, predicts a rebound. The diverging views of the world’s two largest automakers reflects the uncertainty over the future of diesel, which has faced a steady drumbeat of bad news… Continue reading VW Boss Predicts ‘Renaissance’ for Embattled Diesel Cars