Tuesday, January 18th, 2022

Category: Automotive

Elon Musk reaches halfway point in his planned Tesla stock sales

To reach the 10 percent threshold, Musk would need to sell some 17 million shares, or about 1.7 percent of the company’s outstanding stock. If his exercisable options are factored into his overall ownership,...

Victory Automotive, Brandon Steven Motors & Putnam Automotive buy dealerships in California; Griffin Auto acquires Georgia store

Putnam Automotive Dealer Group of Burlingame, Calif., added Honda to its growing portfolio of brands in mid August when it purchased Primo Honda in San Carlos, Calif. The transaction closed Aug. 18 after the...

Bob Brockman has ‘aggressive, progressive’ degenerative illness, medical expert testifies

HOUSTON — A neuroradiologist who testified as an expert witness for Bob Brockman’s defense team said brain scans suggest that the former Reynolds and Reynolds Co. CEO likely has an “aggressive, progressive” degenerative illness...

Why U.S. automakers are not yet mandating vaccines for union workers

The Detroit 3 automakers are not yet mandating vaccines for thousands of unionized workers even as they said in a joint statement with the UAW on Tuesday that they will extend requirements for workers...

Deliveries of 2022 GMC Hummer Edition 1 pickup, with 329-mile range, to start in December

DETROIT — General Motors said it will begin delivering the GMC Hummer EV pickup to customers next month. Duncan Aldred, vice president of global Buick and GMC, said Tuesday the $112,595 Hummer Edition 1...

Tesla employees in Germany plan works council

BERLIN — Employees at Tesla Inc.‘s huge new factory near Berlin will elect a works council to represent their interests, a German trade union said on Tuesday. The IG Metall trade union said seven...

U.S. automakers will extend mask requirements at plants

The Detroit 3 automakers said Tuesday they will extend requirements for workers to wear masks at work sites but are not requiring unionized workers to be vaccinated against COVID-19. General Motors, Ford Motor Co.,...

Why Jaguar Land Rover’s engineering boss is leaving the automaker

LONDON — Jaguar Land Rover’s engineering boss, Nick Rogers, will leave the company at the end of the year, the automaker said. Rogers, 53, has led JLR’s engineering and research since 2015 during a...

VW board committee unlikely to decide on CEO in Tuesday meeting, report says

BERLIN — Volkswagen’s supervisory board executive committee will meet on Tuesday evening to discuss the future of CEO Herbert Diess but further discussions will likely be needed before a final decision is reached, three...

Schaeffler CEO Matthias Zink envisions steering wheel-free future

Do you see consolidation occurring in the market going forward? It depends on who you consider for the consolidation. If you are talking about piston makers or cylinder head makers, there will be consolidation....