automaker

Business, Logistics

Top US Dealer Warns Automakers Are Missing Resupply Deadlines

Pickup truck frames sit on the assembly line at the GM plant in Flint, Mich. Pickup truck frames sit on the assembly line at the GM plant in Flint, Mich. (Jeff Kowalsky/Bloomberg News)

AutoNation Inc., the largest U.S. car retailer, is warning new-vehicle inventories remain thin as automakers miss resupply deadlines, which may mean fewer choices and higher prices for buyers.

Gabrielle Coppola | Bloomberg News
October 21, 2020
Business, Technology, Autonomous

Jim Farley Becomes New Ford CEO, Pledges Stronger Profit Margins

Jim Farley, new Ford CEO, speaks during the New York International Auto Show in March 2018. Jim Farley, new Ford CEO, speaks during the New York International Auto Show in March 2018. (Richard Drew/Associated Press)

On his first day in Ford’s top job, CEO Jim Farley is replacing the company’s chief financial officer and announcing other structural and management changes.

Tom Krisher | Associated Press
October 1, 2020
Business

US Automakers Dig Out of Pandemic Hole as Prices Soar

A line of 2020 Hyundai models sits in a storage lot in Colorado on Sept. 3. A line of 2020 Hyundai models sits in a storage lot in Colorado on Sept. 3. (David Zalubowski/Associated Press)

Automakers are climbing out of the ditch they fell into this spring, with U.S. auto sales expected to rebound strongly in the third quarter thanks to cheap borrowing costs and a shift toward private transportation amid the pandemic.

Gabrielle Coppola | Bloomberg News
September 30, 2020
Business, Technology, Logistics

Ford CEO’s Vow for Flawless Launches Tested by High-Stakes F-150

The Ford logo appears on F-150 grilles. Ford's incoming CEO Jim Farley will have his first major test of leadership as the company plans to overhaul factories. (Daniel Acker/Bloomberg News)

Ford Motor Co. is gearing up for an intricate, two-phase overhaul of factories for its most profitable vehicle, putting to the test a pledge by incoming CEO Jim Farley for flawless execution.

Keith Naughton | Bloomberg News
August 24, 2020
Business

GM’s CFO Resigns to Join Fintech Startup Stripe

The GM Technical Center in Ontario. (Cole Burston/Bloomberg News)

General Motors Co.’s chief financial officer is stepping down after two years to take a job at a financial technology company in an unexpected move prompting the automaker to appoint an acting successor.

David Welch | Bloomberg News
August 11, 2020
Government, Business, Fuel

Automakers Split in Legal Fight Over Trump’s Fuel Economy Rules

A worker views an implementation map at a Toyota manufacturing plant in Kentucky in August 2019. A worker views an implementation map at a Toyota manufacturing plant in Kentucky in August 2019. (Luke Sharrett/Bloomberg News)

Four automakers backing a California effort to curb tailpipe emissions will break with some big rivals in the legal battle over the Trump administration’s relaxation of fuel efficiency standards.

Ryan Beene and Malathi Nayak | Bloomberg News
June 26, 2020
Government, Business

DOJ Defends Autos Probe Ahead of House Inquiry on Enforcement

A Volkswagen AG badge adorns a new car in a VW factory in Germany. (Krisztian Bocsi/Bloomberg News)

The U.S. Justice Department denied politics played a role in its decision last year to open an antitrust investigation of four automakers that reached an agreement with California on fuel-efficiency standards.

David McLaughlin | Bloomberg News
June 22, 2020
Business, Equipment, Safety

Detroit Carmakers to Resume Pre-COVID Output to Meet Demand

The Ford Motor Rouge assembly plant stands in Dearborn, Mich., on May 18. The Ford Motor Rouge assembly plant stands in Dearborn, Mich., on May 18. (Emily Elconin/Bloomberg News)

Detroit’s automakers are gearing up for full production as they race to make up for lost output and meet stronger-than-expected demand.

Gabrielle Coppola | Bloomberg News
June 19, 2020
Business, Equipment, Safety

Ford Sees Plants Resuming Pre-Virus Production Within Weeks

The Ford Motor Rouge assembly plant stands in Dearborn, Mich., on May 18. The Ford Motor Rouge assembly plant stands in Dearborn, Mich., on May 18. (Emily Elconin/Bloomberg News)

Ford Motor Co. expects its U.S. plants will come all the way back from coronavirus-related shutdowns within the next month, a top executive said.

Keith Naughton | Bloomberg News
June 10, 2020
Business

VW Board Backs CEO to Ease Tensions After Turmoil

Volkswagen CEO Herbert Diess speaks during a Bloomberg Television interview in November 2019. Volkswagen CEO Herbert Diess speaks during a Bloomberg Television interview in November 2019. (Krisztian Bocsi/Bloomberg News)

Volkswagen AG’s supervisory board accepted an apology from CEO Herbert Diess, with the unusual public statement reflecting the tension caused by an internal dust-up.

Christoph Rauwald | Bloomberg News
June 9, 2020

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