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Renault CEO Decries “Coup” to Oust Him
10/11/2019Renault CEO Thierry Bollore, facing a board decision to oust him today, describes the move to Les Echos as brutal and stupefying.
Sleeker Next-Gen Toyota Mirai Gets More Range
10/11/2019Toyota Motor Corp.’s redesigned Mirai fuel cell-powered sedan will be larger, more stylish and able to drive 30% farther per fill-up.
CEO Barra Steps into GM-UAW Talks
10/10/2019General Motors Co. CEO Mary Barra met secretly with United Auto Workers union leaders yesterday afternoon, according to the New York Post, which first reported the event.
U.S. Commute Times on the Rise
10/10/2019Americans spent an average 54 minutes per day traveling to and from their jobs last year, according to the U.S. Census Bureau.
GM Sales in China Drop 18% in Third Quarter
10/10/2019General Motors Co. reports it sold 689,500 cars and light trucks in China in July-September, down 18% from the same period in 2018.
Suzuki Predicts $1.3 Billion Loss as Sales Slide
10/10/2019Suzuki Motor Corp. warns that slumping sales in India will cut its net profit 22% to 140 billion yen ($1.3 billion) in the current fiscal year ending March 31.
VW Sketches New Golf
10/10/2019Volkswagen AG has released sketches of the redesigned Golf small car ahead of the eighth-generation model’s public unveiling in Germany on Oct. 24.
BMW Aims to Hike SUV Sales to Fund EV Push
10/10/2019BMW AG expects it will more than double sales of its priciest piston-powered models to help fund its push into all-electric vehicles.
Dyson Kills EV Program
10/10/2019Home appliance maker Dyson Ltd. has decided to discontinue its ambitious plans to develop an electric car, citing competitive pressures that make the program no longer commercially viable.
Renault May Name New CEO Tomorrow
10/10/2019Renault SA’s board is widely expected to announce tomorrow that it is replacing CEO Thierry Bollore.