Category: Motor Age Articles

French Finance Minister Bruno Le Maire called for the dismissal of jailed Renault CEO Carlos Ghosn, all but assuring the celebrated auto executive will lose his last toehold on power.

BMW’s premium sedan — the 7 series — is receiving design, technology and powertrain updates for the new year.

Fiat Chrysler is exploring new ways to boost sales of its money-minting Jeep brand through a three-month pilot with peer-to-peer car-sharing startup Turo and a trial subscription service for Jeep owners.

Kia said it would recall 68,000 U.S. vehicles at risk of fuel leaks after it previously recalled them in 2017 for engine fire risks.

Hyundai and affiliate Kia said they will recall about 168,000 U.S. vehicles at risk of fuel leaks, after recalling them in 2017 for engine fire risks, and will offer software upgrades for 3.7 million vehicles.

Investors remain skeptical that automakers will remain disciplined and profitable during an inevitable downturn.

“All of us have a voice,” the Canadian supplier’s CEO said, “and we should be using that voice to talk to our governments to get that solved.”

Ford’s North America chief Kumar Galhotra said Lincoln’s battery EVs will stay true to the brand’s “quiet luxury” theme.

Ford said it expects revenue and earnings to improve this year compared with 2018, even as it reported a weaker-than-expected fourth-quarter profit. Shares still fell 5.2 percent in midday trading. 

GM’s restructuring plan, which calls for nearly 15,000 job cuts, was cheered on Wall Street. But in Washington, the move remains a public relations crisis that threatens to derail efforts by CEO Mary Barra to keep GM in good graces with the White House…