The Future Is Today
KAR Global will temporarily furlough a “significant portion” of its work force and company executives will cut their salaries as the wholesale vehicle-auction company works to counter the financial impact of the COVID-19 virus outbreak, it said Friday. KAR also…
Renault announced the termination of CEO Thierry Bolloré Friday as the company seeks to rid itself of the executives from former CEO Carlos Ghosn’s orbit and start fresh. Former Chief Financial Officer Clotilde Delbos will serve as interim CEO until a permanent…
Volkswagen Group Sedric concept, 2017 Geneva auto show Volkswagen has successfully hired former Apple executive Alexander Hitzinger to help lead self-driving technology development. His larger role is direct responsibility for technical development for commercial vehicles, and he will also lead the…
Tom Easterday, who was Subaru of Indiana Automotive’s executive vice president until transitioning to executive adviser last month, has worked at Subaru Corp.’s lone manufacturing plant outside of Japan from its beginning in 1989. It has been a period of…
Follow Viknesh [% } %] [% }); %] ]]> Porsche is expanding its Panamera range less than six months after the covers came off the second-generation model. At the upcoming 2016 Los Angeles auto show, the German sports car marque…