Ghosn steps down as Nissan CEO, hands reins to Saikawa as focus shiftsAuto News

Carlos Ghosn, the long-serving CEO who rescued Nissan from bankruptcy, is stepping down as CEO, having nearly finished his latest business plan and driven the Renault-Nissan Alliance to new heights with the acquisition of Mitsubishi.

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Nissan names Saikawa CEO, president; Ghosn to remain chairmanAuto News

Nissan promoted co-Chief Executive Officer Hiroto Saikawa to president and CEO, while the carmaker's former chief of 16 years, Carlos Ghosn, focuses on revamping struggling affiliate Mitsubishi Motors.

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Tesla loss narrows to $121 million in Q4 Auto News

Tesla reported a net loss of $121.3 million in the fourth quarter as the company prepared to launch Model 3 output. Revenue surged 88 percent to $2.3 billion in the fourth quarter behind a rise in vehicle sales.

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Interiors supplier AGM being acquired by Flex Ltd.Auto News

Flex Ltd. is buying automotive supplier AGM Automotive. AGM, headquartered near Detroit, supplies interior systems including overhead consoles, interior lighting, electronic components and carpet.

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GM supplier organized after strike by UAW in Kansas CityAuto News

Workers at a Kansas City factory that supplies General Motors on Tuesday ratified their first UAW-bargained contract with a nearly unanimous vote after a three-week strike.

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Lexus, Porsche Top Dependability Study (2/22/17)

Lexus, Porsche top dependability study, Fiat struggle continues; PSA eyes partnership with Lotus...
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KAR Auction's Q4 net income drops despite gain at ADESAAuto News

ADESA parent company KAR Auction Services reported a 5.8 percent decline in fourth quarter net income on higher service costs and selling and administrative expenses.

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GM supplier organized by UAW in Kansas CityAuto News

Workers at a Kansas City factory that supplies General Motors on Tuesday ratified their first UAW-bargained contract with a nearly unanimous vote.

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Mobileye Q4 net income climbs 73% in strong finish to 2016Auto News

Mobileye's stream of self-driving partnership announcements and success with aftermarket products pushed it to a strong finish in 2016.

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EPA rates VW's 2017 e-Golf at 126 mpg-e and boosts range to 125 milesAuto News

An upgraded lithium ion battery pack and electric motor have enabled the 2017 Volkswagen e-Golf achieve a 126 mpg-e city rating and a doubled estimated range to 125 miles from U.S. regulators.

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German lawmakers call for inquiry into VW compliance chief exitAuto News

Lawmakers from Volkswagen's home region called on Wednesday for an inquiry into the sudden departure of the German carmaker's compliance chief last month, saying they were concerned the supervisory board was not overseeing the business effectively.

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Lexus, Porsche rank as most-dependable brands, J.D. Power saysAuto News

Lexus and Porsche are the most dependable brands after three years of vehicle ownership, while Toyota leads non-premium labels, according to a J.D. Power study. Fiat Chrysler posted four of the bottom five brands.

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Lexus most dependable brand for 6th straight year, J.D. Power saysAuto News

Lexus and Porsche are the most dependable brands after three years of vehicle ownership, while Toyota leads non-premium labels, according to a J.D. Power study. Fiat Chrysler posted four of the bottom five brands.

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Automakers urge new EPA chief to withdraw Obama CO2 rulesAuto News

A trade association representing GM, Toyota, Volkswagen and nine other automakers on Tuesday asked new EPA's new chief to withdraw an Obama administration decision to lock in vehicle emission rules through 2025.

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