Executives
UPDATED: 9/21/18 3:53 pm ET

GM restructures global strategy, EV executives

General Motors is restructuring the leadership of its global strategy and EV units as it begins to deploy at least 20 battery-electric and fuel-cell powered vehicles globally by 2023.

Longtime Ford finance whiz Schloss to retire

Neil Schloss, the treasurer who helped Ford steer through the Great Recession without going into bankruptcy, will retire at the end of the year after 36 years with the company.

UPDATED: 9/18/18 4:16 pm ET - adds stock close
Tesla faces U.S. criminal probe over Musk statements, report says

Tesla Inc. is under investigation by the Justice Department over public statements made by the company and CEO Elon Musk, two people familiar with the matter told Bloomberg.

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MORE EXECUTIVE NEWS TALK FROM THE TOP FINAL ASSEMBLY
Tesla's head of supply management departs, report says

Another Tesla vice president is leaving the company, according to people familiar with the matter, as CEO Elon Musk struggles to contain an exodus of senior executives. Liam O'Connor, vice president of global supply management, has resigned from the electric-car maker, Bloomberg reported.

Aston Martin to expand hypercar lineup with '003'

Aston Martin plans to expand its hypercar lineup with a coupe code-named the 003. Sales of the 003 will be limited to 500 units and its price is expected to be below that of its sister model, the Valkyrie, which cost $2.6 million when it launched last year.

UPDATED: 9/20/18 10:52 am ET - new story
VW rejects Trump envoy's take on Iran pullout

Volkswagen rejected a report suggesting it had decided against doing business in Iran after coming under pressure from Donald Trump's ambassador to Germany, saying its position had not changed.

Paint makers feeling pinch

The rising price of raw materials is putting pressure on the automotive coatings industry. PPG executive Rebecca Liebert explains why.


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