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Mercedes Sales Chief in Line to Become Daimler CEO?
12/17/2015Ola Kaellenius, who has headed sales and marketing for Daimler AG’s Mercedes-Benz Cars unit since 2013, is a favored candidate to succeed Dieter Zetsche as Daimler CEO four years from now, sources tell Manager Magazin.
F-150 Pickup to Add Hybrid Powertrain
12/17/2015Ford Motor Co. plans to launch a hybrid version of its popular F-150 pickup truck by the end of the decade. CEO Mark Fields tells NPR that the new model will be a conventional gasoline-electric hybrid rather than a plug-in hybrid.
VW Hires Feinberg to Process Loss Claims by Diesel Owners
12/17/2015Volkswagen AG has retained Kenneth Feinberg—the attorney who managed ignition switch compensation payments for General Motors Co.—to handle loss claims by U.S. owners of its diesel-powered vehicles.
Full Speed Ahead for New Bentley?
12/17/2015Volkswagen AG’s Bentley unit is close to approving its EXP 10 Speed 6 coupe for production.
Exports Boost Car Production 9% in U.K.
12/17/2015Stronger exports pushed car and SUV production in the U.K. to 150,100 units in November from 137,300 in the same month last year, the Society of Motor Manufacturers and Traders reports.
VW Names New Group Chiefs for Research, Design, Product Development, Production and Sales
12/17/2015Volkswagen AG has named new executives to head operations responsible for research, design, product development, manufacturing and sales.
Saab Owner Inks Huge EV Deal with Chinese Leasing Company
12/17/2015National Electric Vehicle Sweden AB says it has won a contract to supply electric vehicles and related services to Panda New Energy Co., a Chinese leasing firm.
Toyota Expects Flat Sales, Production in 2016
12/17/2015Toyota Motor Corp. predicts its group sales in 2016 will total 10.11 million units compared with 10.10 million this year.
Investors Say Renault-Nissan Feud with France Isn’t Over
12/17/2015Investors tell the Financial Times that tensions between the Renault-Nissan alliance and the French government have been eased but not resolved, making a new confrontation likely.
European Parliament to Probe Regulatory Oversight of Auto Industry
12/17/2015The European Parliament is expected today to create a new committee to investigate whether the EU and its member states have been too lax in monitoring emission regulations.