Audi appoints ex-Ferrari chief Domenicali to mobility role
Stefano Domenicali, former Ferrari F1 team principal, will join Audi in Ingolstadt on 1 November 2014, focusing on service and mobility projects.
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Stefano Domenicali, former Ferrari F1 team principal, will join Audi in Ingolstadt on 1 November 2014, focusing on service and mobility projects.
Falling demand for open top cars in Europe and North America has forced major roof system suppliers like Webasto and Valmet to close or scale back production facilities.
Ford will add 850 new jobs across three Dearborn, Michigan, plants to support production of the aluminium-bodied 2015 F-150, with most roles at the assembly plant.
The electric carmaker has confirmed Storey County, Nevada as the site for its $5 billion battery plant, securing over $1 billion in state tax incentives over 20 years.
General Motors has opened its fourth Information Technology Innovation Center in Chandler, Arizona, aiming to employ 1,000 people within two years as part of its in-sourcing technology strategy.
Toyota and Mitsubishi have pressed the Philippine government to finalise an automotive industry policy, warning that continued delays could see production and jobs shift to neighbouring countries.
Fiat Chrysler Automobiles has named US sales head Reid Bigland as the new boss for Alfa Romeo in North America, tasking him with the brand’s ambitious relaunch.
Peugeot, Fiat, Ford and GM have flagged falling demand and political risk in Russia and Latin America, even as Europe’s recovery shows signs of stabilising.
British car manufacturing grew 3.5% in the first half of 2014, with new model introductions and export demand driving output to 790,000 units.
Tony Fernandes is expected to confirm the sale of Caterham F1 to a Swiss-Arab consortium this week, with staff due to be briefed ahead of the British Grand Prix.
After the 2008 financial crisis ended his hedge fund career, Richard Fertig founded Brilliant Transportation, offering high-end Mercedes-Benz Sprinter shuttles to wealthy US clients.
Outgoing Ford CEO Alan Mulally met with Sears Holdings’ Eddie Lampert in early 2014, fuelling speculation about a possible move to the troubled US retailer.
Kia is preparing to build its first manufacturing plant in Mexico, aiming for 300,000 units a year to support North American demand as its US facility runs at full capacity.
Manufacturers and tech firms are pushing self-driving technology, but questions remain over driver enjoyment, job losses and public trust in letting go of the wheel.
Michelin reported a 2.4% drop in first-quarter revenue for 2014, as currency headwinds and weaker demand in Eastern Europe outweighed a modest increase in global tyre volumes.
Toyota is reintroducing skilled manual work in key manufacturing roles, aiming to strengthen quality and expertise by giving humans tasks once handled by robots.
Ford will spend $500 million upgrading its Lima, Ohio engine plant to build a new 2.7-litre six-cylinder EcoBoost, adding 300 jobs and supplying the next F-150.
Honda will shed around 340 jobs at its Swindon factory after falling export sales forced the company to scale back production and consolidate operations onto a single line.
Toyota management described its union’s 2014 pay and bonus request as unexpectedly large, as negotiations continued amid strong company profits and a recovering Japanese economy.
General Motors will expand its Tychy plant to produce a new 1.6-litre diesel, targeting 200,000 engines a year as part of Opel’s European recovery plan.
BMW is in advanced talks with Mexican officials about a potential $1.5 billion plant that could build 1 and 3 Series models for export as early as 2016.
Volkswagen has agreed to allow workers at its Chattanooga, Tennessee factory to vote on United Auto Workers representation, marking a potential first for a foreign-owned US car plant.
Renault and Nissan have increased their joint savings goal to €4.3bn by 2016, aiming to deepen cooperation in development and production to improve operational performance.
Toyota’s labour union will seek a monthly base wage increase and higher annual bonuses in the 2014 spring negotiations, citing strong company profits and economic confidence.