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Gentex CFO leaves but will work with supplier as consultant
Gentex, a maker of rearview mirrors and electronics parts, said its CFO and vice president of finance has left the company but will remain a consultant with the supplier.
Michael Stanton, longtime D.C. advocate for automakers, to retire in 2014
Michael Stanton, a longtime lobbyist and a driving force for automakers in public policy, said Tuesday that he will retire as president and CEO of the Association of Global Automakers in early 2014.
Tesla says it paid back entire DOE loan today
Tesla Motors today said it paid off the entire balance of its federal government loan given as part of a Department of Energy program to spur development of alternative energy vehicles.
GM moving treasury office to Detroit headquarters from New York
GM said it will move its treasury office to its Detroit headquarters from New York in mid-2014, affecting about 70 employees.
Ford, Chrysler to reduce summer shutdowns at most N.A. plants
Ford Motor and Chrysler Group said today they are scaling back annual summer production shutdowns this year in hopes of boosting output of key models in North America. General Motors declined to disclose specific summer plans.
NADA, automakers reach out with aid for tornado victims
The National Automobile Dealers Association and several automakers are reaching out with assistance to dealers and victims affected by Monday's tornado in Oklahoma.
VW to modify late-model diesels to prevent improper fueling
Volkswagen plans to refit more than a quarter million 2009-12 diesel cars to prevent North American customers from mistakenly pumping gasoline into the fuel tanks.
Lutz's VL Automotive, Chinese supplier bid $20 million for Fisker, report says
A boutique carmaker led by a former GM executive Bob Lutz and China's largest auto parts supplier submitted an offer of $20 million to buy cash-strapped automaker Fisker Automotive, people familiar with the matter told Reuters today.
Marchionne apologizes for 'wop engine' comment
Chrysler-Fiat CEO Sergio Marchionne has issued a written apology to an Italian-American anti-bias organization for saying at the Detroit auto show that an Alfa Romeo needed a "wop" engine.
Subaru Forester tops Honda CR-V in small SUV review
The Subaru Forester small SUV beat the Honda CR-V and other rivals in testing by Consumer Reports, which ranked the model as its top pick in that segment.