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FCA’s Manley Sold $3.5 Million in Shares After Renault Bid

May 31, 2019 at 1:46 AM

CEO Mike Manley sold 250,000 shares in Fiat Chrysler Automobiles NV on May 28, one day after the company announced its offer to merge with Renault SA.

BMW Names New N. America Marketing Chief

May 29, 2019 at 12:43 PM

BMW AG has appointed Uwe Dreher to head the company’s marketing operations in North America.

How FCA and Renault Merger Plan Evolved

May 28, 2019 at 2:14 PM

The blockbuster merger proposal between Renault SA and Fiat Chrysler Automobiles NV was borne out of secret one-on-one meetings between the chairmen of both companies over the past few weeks.

Neumann Joins Apex.AI Board

May 24, 2019 at 9:10 AM

Longtime industry veteran Karl-Thomas Neumann has joined the board of directors of Apex.AI Inc., a San Francisco-based startup that specializes in open-source software for self-driving vehicles.

Pretrial Hearings Begin for Ghosn Trial in Japan

May 23, 2019 at 2:44 PM

The first pre-trial hearing kicked off in Tokyo earlier today concerning charges of financial wrongdoing by former Nissan Motor Co. Chairman Carlos Ghosn.

Welby to Head Infiniti’s U.S. Sales Operations

May 23, 2019 at 2:02 PM

Nissan Motor Co. has named Bob Welby to head sales for the company’s Infiniti luxury brand in the U.S.

Zetsche Retires as Daimler’s CEO

May 22, 2019 at 11:15 AM

Dieter Zetsche formally stepped down today as CEO at Daimler AG after a decade of shepherding the company to global leadership in luxury vehicle sales.

CEO Krueger’s Performance Draws BMW Board Scrutiny

May 22, 2019 at 12:03 AM

Some members of BMW AG’s supervisory board are questioning whether CEO Harald Krueger’s contract should be renewed, sources tell Bloomberg News.

F1 Racing Legend Niki Lauda Dies at Age 70

May 21, 2019 at 2:22 AM

Niki Lauda, who won Formula One racing championships in 1975, 1977 and 1984, died in his sleep on Monday at age 70.

Report: Nissan CEO Won’t Be Charged in Ghosn Pay Scandal

May 20, 2019 at 5:30 PM

Nissan Motor Co. CEO Hiroto Saikawa reportedly won’t be charged by Japanese prosecutors for his role in allowing years of underreported compensation for former Chairman Carlos Ghosn.

Masuko to Step Down as CEO at Mitsubishi Motors

May 17, 2019 at 11:11 AM

Osamu Masuko, 70, will step down as CEO of Mitsubishi Motors Corp. on June 21, according to the company. He will continue as chairman.

Daimler Names Speeks to Head U.S. Mercedes Unit

May 17, 2019 at 10:17 AM

Daimler AG has named Nicholas Speeks, head of the company’s Mercedes-Benz brand in China for six years, to take over as CEO of Mercedes-Benz USA.