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Volvo Trucks chairman says no CEO successor sought


Recent reports had Volvo Trucks’ chief executive officer Olof Persson ousted from his position due to criticism of the Swedish truck maker's performance, but the company’s chairman Carl-Henric Svanberg denied any measures had been taken. A newspaper recently reported the chairman was seeking a suitable replacement for the CEO position after investors expressed dissatisfaction with his progress on the firm’s profitability ...
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Renault Nissan’s Ghosn in 2014 was worth almost 15 million euros
Carlos Ghosn, the chief executive officer of the Renault Nissan alliance, is going to receive around 7.2 million euros for his performance last year heading French carmaker Renault and about ...
US: Ally Financial banking division has a new chief executive officer
Ally Financial, the auto lender well known for its post-2008 crisis rescue by the US government bailout program, has moved to continue its management restructuring, with Jeffrey Brown promoting Diane ...
US: Visteon to remain a highly focused supplier after CEO departure
The company’s current chief executive officer is scheduled to leave office late this year, and Tim Leuliette is mulling to leave Visteon as an enterprise implicated in one – albeit ...
BMW expands into North America to offset China slowdown
According to the German automaker’s chief executive officer Norbert Reithofer, BMW – the world’s largest premium carmaker – decided to build a new Mexican car factory in order to shed ...
Porsche working on better integrating “connected car” technologies
According to Joe Lawrence, chief executive officer of Porsche Cars North America, the German automaker is currently working on upgrading its “connected car” features, aiming to seamlessly integrate today’s wide ...
US: after congressional hearings, GM CEO to be questioned in court about ignition switch defect
General Motors chief executive officer Mary Barra is just one of the current and former top executives of the largest US automaker to be questioned for her implication in the ...
BMW CEO setting the field for an upcoming lost battle to remain world No.1
The company’s annual financial results conference in Munich held this week brought less good news than expected – including the smallest earnings margin in years seen in the past quarter ...
Tesla’s Musk sees a future without human drivers
Well known bullish entrepreneur and co-founder chief executive of Tesla Motors, Elon Musk forecasts that one day autonomous cars would be safe enough to make human driving illegal because of ...
Elon Musk believes autonomous cars could represent breakthrough for Tesla
Tesla Motors, the California based electric automaker that has become one of the most successful startups of the auto industry, plans to become a leader when the nascent driverless vehicle ...

latest automotive news
Testing becomes crucial element in race towards autonomous vehicles
Automakers and technology companies, such as Internet search giant Google Inc., have kickstarted an amazing race to become the first ...
2015 Dodge Durango R/T goes official
Dodge has officially pulled the wraps off the 2015 Durango R/T which has received a series of updates and it ...
Buick Enclave Tuscan Edition introduced
The Tuscan edition of the 2016 Enclave has been recently introduced by Buick as the model is adding a variety ...
US: March sales could surprisingly post a decline
In what could bring a surprising and rare monthly decline, the auto sales for last month now hangs on the ...
[VIDEO] Kermit Green Ferrari 458 Speciale
A unique version of the Ferrari 458 Speciale, finished in Kermit Green, has been recently spotted. Last year, we have seen ...
Spotted – New-gen Kia Optima
The new generation of the Kia Optima has been recently spotted out in the open ahead of its public debut ...
US: Fortune has GM’s Barra in Motor City leadership trifecta
General Motors chief executive officer Mary Barra, Detroit Mayor Mike Dugga and the city’s former emergency manager, Kevyn Orr have ...
Netherlands: Uber offices raided by regulators in court ruling compliance issue
US-based ride-hailing service provider Uber Technologies found its Amsterdam offices recently raided by a Dutch regulatory agency over its UberPOP ...
Japan – Mazda CX-3 gets more than 10,000 orders
No less than 10,000 orders for the brand new Mazda CX-3 have been received so far in Japan in just ...
Test Drive – Mitsubishi ASX 2.2 Diesel AT Instyle 4WD
The Mitsubishi ASX can be called just about anything except for “new” and this is the word we are looking ...
Cadillac CT6’s interior gets previewed
The interior design of the upcoming Cadillac CT6 has been previewed recently ahead of its public debut which will be ...
US: EPA says fuel economy standard surpassed again
The Environmental Protection Agency announced that automakers active on the US auto market managed, for the second year in a ...
Recall roundup: Mercedes-Benz cars in two separate campaigns
Mercedes-Benz has recently issued two separate recall campaigns which are covering a total of 33,000 vehicles in the United States. According ...
Drivers could get extra engine for 2015 – report
Mar.27 (GMM/Inautonews.com) Drivers may be allocated an extra engine to use throughout 2015, it emerged on Friday. Bernie Ecclestone sat ...
Tension high as Red Bull and Renault head for divorce
Mar.27 (GMM/Inautonews.com) The tension between Red Bull's Christian Horner and Renault's Cyril Abiteboul was palpable on Friday, as the ...
[VIDEO] Honda S660 spotted once more
The brand new Honda S660 roadster is the subject to a new video and this seems to actually be a ...
Hardcore Jaguar F-Type with 600 HP might become real
Jaguar is believed to be on the point of starting the development for a hardcore version of the Jaguar F-Type ...
[VIDEO] Toyota releases tribute to Jeremy Clarkson
A tribute video to Jeremy Clarkson has been released by Toyota after he was sacked from Top Gear. Top Gear may ...