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Automotive Executives

Ford Motor Co.'s new leader wants to shift investment into trucks and electrified vehicles and reduce costs and investment in sedans and internal combustion engines, Chief Executive Officer Jim Hackett said Tuesday.

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Ford Replaces CEO Fields With Mobility Head Hackett

Ford has replaced CEO Mark Fields with Jim Hackett, who has led its mobility business unit for the past year. Ford views Hackett as a "transformational business leader" as it seeks to boost profit amid investor pressure.

Mazda Reassigns U.S. Sales Chief

Mazda has removed Robert Davis as head of U.S. sales and reassigned the long-time executive to a newly created role overseeing compliance and legislation, the company has announced.

Audi to Launch 20 Models This Year

Audi is launching 20 new or refreshed models in 2016 with a tilt toward SUVs and crossovers, including its Q2 compact SUV arriving in November, Audi's CEO told shareholders on May 12.

Ford Redeveloping Dearborn HQ by 2026

Ford Motor Co. has begun a broad-based redevelopment of its Dearborn, Mich., headquarters that will transform it into two campuses in the next decade.

VW Diesel Scandal Result of 'Chain of Mistakes'

Volkswagen engineers installed cheat software in their U.S. diesel vehicles because they "quite simply could not find a way to meet the tougher" standards limiting nitrogen oxide pollutants, the company's chairman told reporters this week.

VW CEO Vows to 'Overcome This Crisis'

Volkswagen's new leader promised that the company will survive a scandal over its gaming of U.S. diesel emissions standards and said a technical solution is imminent for owners of the affected vehicles.