Month: March 2020

Penske Automotive Group said it is slashing executive pay, furloughing employees, postponing $150 million in capital expenditures and taking a range of other steps to “to help mitigate the financial and operational impact of COVID-19.” CEO Roger Penske and President Robert Kurnick will accept no salary for the duration of the coronavirus outbreak, while executives
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Acura has named a new advertising executive as it plans to introduce new products, including Type S performance variants. Sage Marie, 44, will become assistant vice president of Acura advertising, effective April 1. He is currently assistant vice president, public relations at American Honda, and has been with the company since 1998. Acura head Jon
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Mini has launched many retro special editions, but the 2021 Cooper S convertible Sidewalk Edition convertible references a model of a somewhat newer vintage. The Sidewalk Edition was originally launched in 2007 and, like that model, the 2021 version features mostly cosmetic changes. Starting at $39,250, the Mini Cooper S convertible Sidewalk Edition is the
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When John Grettenberger arrived as Cadillac’s general manager in 1984, the General Motors luxury division — the nation’s top luxury marque for years — was still selling a lot of cars, but the brand was reeling. Major technical and marketing disasters had tarnished the brand’s quality and longtime sterling image. Failed diesel engines and severe
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The Paris auto show will not be maintained in its current form this year because of the effects of the coronavirus crisis, organizers said. The event is scheduled to run Sept. 26-Oct. 11, with media days on Sept. 29-30. Organizers stopped short of completely canceling or postponing the show, but they suggested that the traditional
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Ford Motor Co. began testing mobile service vans at a handful of U.S. dealerships last May. After hearing from customers who appreciated the chance to get their oil changed or new brake pads installed at home or work, the automaker this year started expanding the program to 198 stores using Transit vans upfitted with basic
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The third-generation Chevrolet Camaro is an automotive icon of the 1980s and arguably the most original Camaro bar the first iteration of the series (1967-1969). Spanning ten model years from 1982 to 1992, the third-generation F-body Chevy Camaro has had many iterations but none was perhaps more intriguing than the Berlinetta offered for the 1982-1986
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With factories and dealerships closed by the coronavirus crisis, European auto sales could fall by up to 20 percent this year, representing millions of vehicles, industry analysts and financial ratings services say. “The global auto industry is expected to witness an unprecedented and almost instant stalling of demand in 2020,” said IHS Markit, whose forecasts
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DETROIT — Whenever Fiat Chrysler Automobiles restarts North America production, the UAW members working the lines will have to cope with the grim reality that COVID-19 has claimed the lives of several colleagues. The rising death count from the global coronavirus pandemic is personal for them now. It includes familiar faces who walked the same
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SAN FRANCISCO — On a rainy December afternoon, Anthony Levandowski sat on a stool near the front of a coffee shop, engrossed in his phone. He scrolled through pictures on a website that dares users to discern the difference between images of humans generated by artificial intelligence and actual photos of humans. For the uninitiated,
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DETROIT — Two Ford Motor Co. workers have died from the coronavirus, the UAW said Saturday. One worked at the automaker’s Dearborn Stamping plant while the other was a skilled trades employee at the Ford Data Center in Dearborn, Mich., the union said. The pair are the first Ford employees known to have died from the
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MILAN — Fiat Chrysler Automobiles has extended production stoppages at its plants in Europe by at least one more week. The automaker’s factories in Italy will remain closed after the government ordered a halt to non-essential activities until April 3 to contain the coronavirus pandemic. Originally the plants were due to resume production on March
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The coronavirus epidemic hasn’t just slammed the brakes on the economy — it’s also upending some critical new-model launches. Automakers are having to rethink the carefully orchestrated go-to-market strategies for several key models. Market launches will be impacted for the next 12 months, Tyson Jominy, vice president of the Power Information Network at J.D. Power,
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Editor’s note: This story is part of a package on leadership during the coronavirus crisis that will appear in the March 30 issue of Automotive News. By the time automakers halted production across the globe in response to COVID-19 — all but forcing their parts makers to do the same — one South Korean automotive
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