NEWS

Mulally Joins Trump’s Candidates for Secretary of State

12/9/2016

Former Ford Motor Co. CEO Alan Mulally has been added to president-elect Donald Trump’s expanding list of prospects to become U.S. secretary of state next year.

Car Sales in Russia Post First Gain in 2 Years

12/9/2016

Car and light commercial vehicle sales in November posted their first gain since December 2014, the Moscow-based Assn. of European Businesses reports.

Aston Martin Taps Former Ferrari Exec as Chief Tech Officer

12/9/2016

Aston Martin Lagonda Ltd. has hired Maximilian Szwaj, a former Ferrari and Maserati executive, as its chief technical officer.

PSA Opens New-Business Incubator

12/9/2016

PSA Group says its just-launched Business Lab will identify advanced digital and mobility businesses worldwide, test concepts and invest in startups through a new venture capital arm.

Renault-Nissan Drops a Shift At Plant in India

12/9/2016

Renault-Nissan Automotive India Pvt. Ltd.’s assembly plant in Oragadam is permanently eliminating third-shift production, sources tell The Times of India.

Ford Leads in Auto Patents in U.S.

12/9/2016

Ford Motor Co. says its employees earned about 1,500 patents in the U.S. this year, up 25% from the total in 2015 and more than any other carmaker.

Takata Relocates Japan HQ to Cut Costs

12/9/2016

Troubled airbag supplier Takata Corp. will move its Tokyo headquarters next week from Tokyo’s upscale Roppongi district to a more modest location in the city.

FTC Probe Questions VW’s Lost, Erased Cell Phones in U.S.

12/9/2016

The Federal Trade Commission wants to further question Volkswagen AG officials in the U.S. about 23 missing or erased cell phones that belonged to “important individuals” of interest in its criminal investigation into VW’s diesel emission cheating scandal.

Trump Picks Pruitt to Tame “Out-of-Control” EPA

12/9/2016

President-elect Donald Trump has chosen Oklahoma Attorney General Scott Pruitt to be administrator for what he has described as an “out-of-control” Environmental Protection Agency.

Zetsche: Daimler Will Become World’s Top Luxury Vehicle Maker in 2016

12/8/2016

This year Daimler AG will become the world’s most-profitable and highest-volume luxury car maker, CEO Dieter Zetsche declares.