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    William Maley

    Bentley CEO Wants More Bentayga Variants

      There's a key reason why Bentley's CEO wants more Bentayga variants

    It is no secret that Bentley CEO Wolfgang Durheimer has his eye on adding a few more Bentayga variants. As we reported back in December, Bentley is considering a coupe-styled variant, long-wheelbase model, and even a high-performance version. If approved, these models could arrive in 2019 - the time when Bentley is planning to do a facelift for Bentayga.

    But why is Durheimer so interested in adding more variants? Speaking with Autocar, he explained the reason was to stay one step ahead of competitors.

    “Derivatives are important to us because you have to be the newest kid in town for customers,” said Durheimer.

    “We will see a large number of competitors [in this segment] in the future. They are all working on their luxury SUVs. The customers that are buying in this market are keen to have the latest design out there.”

    The competitors include Rolls-Royce's upcoming Cullinan, Lamborghini Urus, and Audi Q8.

    It should be noted that a decision on adding more variants to the Bentayga lineup has still not been made.

    Source: Autocar

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    YAWN, Hate the style over all the car just does nothing for me. Over priced, over hyped Jelly Bean. If they are gonna bring out more variants of the same style. hope they find the 1% crowd willing to hand over money as I just cannot see myself ever wanting one. I would take a Corvette over this product line.

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    It does look too much like a Q7, they need a more squared off rear end to make it look like a Range Rover if they want a variant of it.  I would think a hybrid or electric powertrain should come into play.  I wonder if they could do a convertible version.  They probably need a long wheel base because Maybach is coming and so is Rolls Royce.

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      View full article
    • By William Maley
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      "I aimed for moving ahead versus just moving fast. Could we aim for a longer-arc kind of reward. In this case, for the three years it takes to get products to market, you're starting to see the fruits of our labor."
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      Source: Ford
      Press Release is on Page 2


      FORD ANNOUNCES JIM HACKETT TO RETIRE AS PRESIDENT AND CEO; JIM FARLEY TO SUCCEED HACKETT AS COMPANY CONTINUES TRANSFORMATION
      Jim Hackett, who has led Ford Motor Company’s transformation since 2017 as president and CEO, has elected to retire from the company Jim Farley, currently chief operating officer, becomes president and CEO of Ford effective Oct. 1. He was also elected to the Ford board of directors. He will work closely with Jim Hackett on the transition over the next two months Seamless CEO transition underscores strength of Ford’s leadership team, succession planning, and company progress over the past three years, Executive Chairman Bill Ford says DEARBORN, Mich., Aug. 4, 2020 – Ford Motor Company today announced that Jim Hackett, who has led the company’s transformation since 2017, plans to retire from the company. Jim Farley has been named the company’s new president and CEO and will join the board of directors, effective Oct. 1.
      Hackett, 65, and Farley, 58, will work together on a smooth leadership transition over the next two months.
      Under Hackett, Ford moved aggressively into the new era of smart vehicles and drove a deeper focus on customers’ wants and needs. At the same time, Ford improved the fitness of the base business – restructuring operations, invigorating the product portfolio and reducing bureaucracy.
      “I am very grateful to Jim Hackett for all he has done to modernize Ford and prepare us to compete and win in the future,” said Bill Ford, Ford’s executive chairman. “Our new product vision – led by the Mustang Mach-E, new F-150 and Bronco family – is taking shape. We now have compelling plans for electric and autonomous vehicles, as well as full vehicle connectivity. And we are becoming much more nimble, which was apparent when we quickly mobilized to make life-saving equipment at the outset of the pandemic.”
      Farley, an automotive leader with deep global experience and a successful track record, collaborated with Hackett over the past three years to develop and execute Ford’s Creating Tomorrow Together plan to transform Ford into a higher-growth, higher-margin business.
      “Jim Farley matches an innate feel for cars and customers with great instincts for the future and the new technologies that are changing our industry,” Bill Ford said. “Jim’s passion for great vehicles and his intense drive for results are well known, and I have also seen him develop into a transformational leader with the determination and foresight to help Ford thrive into the future.”
      Farley joined Ford in 2007 as global head of Marketing and Sales and went on to lead Lincoln, Ford South America, Ford of Europe and all Ford global markets in successive roles. In April 2019, Farley was chosen to lead Ford’s New Businesses, Technology & Strategy team, helping the company determine how to capitalize on powerful forces reshaping the industry – such as software platforms, connectivity, AI, automation and new forms of propulsion. He was named chief operating officer in February of this year.
      Hackett, who will continue as a special advisor to Ford through March of 2021, said the time is right to pass the mantle of leadership to Jim Farley.
      “My goal when I took on the CEO role was to prepare Ford to win in the future,” Hackett said. “The hardest thing for a proud, long-lived company to do is change to meet the challenges of the world it’s entering rather than the world it has known. I’m very proud of how far we have come in creating a modern Ford and I am very optimistic about the future.
      “I have worked side-by-side with Jim Farley for the past three years and have the greatest confidence in him as a person and a leader,” Hackett said. “He has been instrumental in crafting our new product portfolio and redesigning our businesses around the world. He is also a change agent with a deep understanding of how to lead Ford in this new era defined by smart vehicles in a smart world.”
      Said Farley: “I love Ford and I am honored by the opportunity to serve and create value for Ford’s employees, customers, dealers, communities and all of our stakeholders. Jim Hackett has laid the foundation for a really vibrant future and we have made tremendous progress in the past three years. I am so excited to work together with the whole Ford team to realize the full potential of this great company in a new era.”
    • By Drew Dowdell
      The latest CEO at Nissan, Hiroto Saikawa, is out-of-office permanently as of September 16th after yet another financial scandal rocks the company.  Saikawa is the second Nissan CEO to be tainted by financial misconduct allegations. 
      Allegedly, Saikawa received improper payments with regards to the sale of Nissan stock. The payments were after the date of the sale of the stock was altered and netted Saikawa additional hundreds of thousands of dollars. Saikawa has not yet been charged with a crime. Saikawa originally said he would stay on until a replacement was found, but abruptly changed course and formally resigned today.
      The temporary replacement will be Chief Operating Officer Yasuhiro Yamauchi until a permanent replacement has been found. There are currently ten candidates for the positions and Nissan says it is considering outsiders and non-Japanese. 
       

      View full article
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