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Found 733 results

  1. The next-generation Land Rover Defender has had quite the lengthy development with various changes taking place. We have reported that the new Defender will not look like the DC 100 concepts shown earlier this decade. There is another change afoot. According to Autocar, Land Rover has decided to make the new Defender to debut the Modular Longitudinal Architecture (MLA). Previously, the Defender was expected to use the Premium Lightweight Architecture (PLA) - what underpins the Discovery and a number of Range Rover models. But MLA will be replacing PLA as it will be lighter and offer more flexibility to be used in more models. Using the Defender makes sense as its being redone from the ground up, and may explain the lengthy delay in development. One other interesting tidbit is the Defender will be built in Slovakia, not Great Britain like the previous model. Autocar says the Defender will begin production in 2020. There are some other tidbits concerning other Land Rover and Jaguar models in Autocar's report The next-generation Range Rover Evoque is said to be debuting later this year at the LA Auto Show, with sales beginning in the new year. It will use a heavily reworked version of its current platform that will be known as Premium Transverse Architecture (PTA). This will allow a new plug-in hybrid model that will use a new three-cylinder Ingenium diesel engine - don't expect to see it here. Jaguar's large crossover, known as J-Pace will go into production in 2020. It is understood it will use MLA. Another rumor about the Ingenium straight-six. Reportedly, JLR will use a high-performance version with electric turbochargers to replace their V8 engines. Source: Autocar View full article
  2. The next-generation Land Rover Defender has had quite the lengthy development with various changes taking place. We have reported that the new Defender will not look like the DC 100 concepts shown earlier this decade. There is another change afoot. According to Autocar, Land Rover has decided to make the new Defender to debut the Modular Longitudinal Architecture (MLA). Previously, the Defender was expected to use the Premium Lightweight Architecture (PLA) - what underpins the Discovery and a number of Range Rover models. But MLA will be replacing PLA as it will be lighter and offer more flexibility to be used in more models. Using the Defender makes sense as its being redone from the ground up, and may explain the lengthy delay in development. One other interesting tidbit is the Defender will be built in Slovakia, not Great Britain like the previous model. Autocar says the Defender will begin production in 2020. There are some other tidbits concerning other Land Rover and Jaguar models in Autocar's report The next-generation Range Rover Evoque is said to be debuting later this year at the LA Auto Show, with sales beginning in the new year. It will use a heavily reworked version of its current platform that will be known as Premium Transverse Architecture (PTA). This will allow a new plug-in hybrid model that will use a new three-cylinder Ingenium diesel engine - don't expect to see it here. Jaguar's large crossover, known as J-Pace will go into production in 2020. It is understood it will use MLA. Another rumor about the Ingenium straight-six. Reportedly, JLR will use a high-performance version with electric turbochargers to replace their V8 engines. Source: Autocar
  3. A new report from Autocar says that Land Rover has filed a trademark application for "Road Rover". It could be that Land Rover is keeping prospective or like-sounding names under their umbrella, not leading to a new model. But in the case of the Road Rover, there might be more to this. Back in September, we brought to the light the Road Rover project. This model is being aimed at the likes of the Mercedes-Benz S-Class, and is reportedly being developed alongside the next-generation Jaguar XJ. As the name suggests, the Road Rover will focus primarily on on-road performance but still have some off-road chops. Power is expected to come from a set of electric motors. Autocar says the model could debut at next year's LA Auto Show. Source: Autocar View full article
  4. William Maley

    Land Rover Trademarks Road Rover Name

    A new report from Autocar says that Land Rover has filed a trademark application for "Road Rover". It could be that Land Rover is keeping prospective or like-sounding names under their umbrella, not leading to a new model. But in the case of the Road Rover, there might be more to this. Back in September, we brought to the light the Road Rover project. This model is being aimed at the likes of the Mercedes-Benz S-Class, and is reportedly being developed alongside the next-generation Jaguar XJ. As the name suggests, the Road Rover will focus primarily on on-road performance but still have some off-road chops. Power is expected to come from a set of electric motors. Autocar says the model could debut at next year's LA Auto Show. Source: Autocar
  5. Ford truck lineup will be growing by one with the introduction of the Ranger early next year. But a new report from Automobile says there's another truck in the cards, one that is smaller than the Ranger. Ford is working on a replacement for the Brazilian market Courier subcompact pickup truck, last sold in the 2013 model year. The model is expected to move from an old Fiesta platform to the platform underpinning the new Focus. This has caught the eye of Ford's product planners in the U.S. and there are plans to possibly bring it here by 2022. Production is expected to take place in Ford's Cuautitlan, Mexico plant. Currently home to the Fiesta, the plant will switch over to producing a new Focus-based crossover sometime in 2020, followed by the new truck. The elephant in the room deals with the NAFTA negotiations. Currently, trucks built in Mexico aren't subject to the 25 percent 'Chicken Tax'. But who knows what could change in next year or so considering not much progress has been in the talks. Source: Automobile View full article
  6. Ford truck lineup will be growing by one with the introduction of the Ranger early next year. But a new report from Automobile says there's another truck in the cards, one that is smaller than the Ranger. Ford is working on a replacement for the Brazilian market Courier subcompact pickup truck, last sold in the 2013 model year. The model is expected to move from an old Fiesta platform to the platform underpinning the new Focus. This has caught the eye of Ford's product planners in the U.S. and there are plans to possibly bring it here by 2022. Production is expected to take place in Ford's Cuautitlan, Mexico plant. Currently home to the Fiesta, the plant will switch over to producing a new Focus-based crossover sometime in 2020, followed by the new truck. The elephant in the room deals with the NAFTA negotiations. Currently, trucks built in Mexico aren't subject to the 25 percent 'Chicken Tax'. But who knows what could change in next year or so considering not much progress has been in the talks. Source: Automobile
  7. *UPDATE* Automotive News Europe is reporting that Jeep and Ram Trucks head Mike Manley will become Marchionne's successor as FCA CEO. We'll have more in an upcoming news story. The era of Sergio Marchionne leading Fiat Chrysler Automobiles and Ferrari is seemingly coming to abrupt end. Last night, both Bloomberg and Reuters reported that Marchionne would not return as CEO of the two companies due to complications from surgery. Earlier this month, FCA said Marchionne would be going on medical leave for shoulder surgery. Sources tell Reuters that since the operation, the CEO has been experiencing “massive” and serious complications. The boards of FCA and Ferrari are meeting today to decide possible successors. According to one source, the new CEO of Ferrari is expected to be Louis Carey Camilleri - currently a board member and former chairman of Philip Morris International. At FCA, there are three people up for consideration - CFO Richard Palmer, Europe chief Alfredo Altavilla, and head of the Jeep and Ram Mike Manley. Spokespeople for both FCA and Ferrari declined to comment. In addition to his roles at Ferrari and FCA, Marchionne is the Chairman of CNH Industrial, an agricultural and construction equipment manufacturer. According to sources, the board is expected to meet today to discuss a succession plan. Source: Automotive News (Subscription Required), Bloomberg, Reuters View full article
  8. The Jeep Wagoneer and Grand Wagoneer has been talked about for the past few years, mostly in terms of delays and figuring out what platform will underpin it. But a new report from Road & Track reveals Jeep has something very special in store. An internal document from transmission supplier ZF lists the 2018 production and pre-production vehicles using a version of their 8HP eight-speed automatic transmission. Among the vehicles listed the Grand Wagoneer with the platform code ZS. What makes this more intriguing is the mention of a Grand Wagoneer Trackhawk. The listing says it has a 6.2L V8 and produces 729 PS - about 718 horsepower. Like the Grand Cherokee Trackhawk, the Wagoneer Trackhawk uses a beefed-up version of the eight-speed automatic - ZF-8HP95X. Could this mean that Jeep will be launching a mad Wagoneer in the coming years? Possibly not. Road & Track has some possible guesses as to why this is mentioned, Someone goofed while working on this document FCA has built some Wagoneer prototypes with the Hellcat engine, but hasn't made plans to put it into production Source: Road & Track View full article
  9. *UPDATE* Automotive News Europe is reporting that Jeep and Ram Trucks head Mike Manley will become Marchionne's successor as FCA CEO. We'll have more in an upcoming news story. The era of Sergio Marchionne leading Fiat Chrysler Automobiles and Ferrari is seemingly coming to abrupt end. Last night, both Bloomberg and Reuters reported that Marchionne would not return as CEO of the two companies due to complications from surgery. Earlier this month, FCA said Marchionne would be going on medical leave for shoulder surgery. Sources tell Reuters that since the operation, the CEO has been experiencing “massive” and serious complications. The boards of FCA and Ferrari are meeting today to decide possible successors. According to one source, the new CEO of Ferrari is expected to be Louis Carey Camilleri - currently a board member and former chairman of Philip Morris International. At FCA, there are three people up for consideration - CFO Richard Palmer, Europe chief Alfredo Altavilla, and head of the Jeep and Ram Mike Manley. Spokespeople for both FCA and Ferrari declined to comment. In addition to his roles at Ferrari and FCA, Marchionne is the Chairman of CNH Industrial, an agricultural and construction equipment manufacturer. According to sources, the board is expected to meet today to discuss a succession plan. Source: Automotive News (Subscription Required), Bloomberg, Reuters
  10. William Maley

    Rumorpile: A Grand Wagoneer Trackhawk?!

    The Jeep Wagoneer and Grand Wagoneer has been talked about for the past few years, mostly in terms of delays and figuring out what platform will underpin it. But a new report from Road & Track reveals Jeep has something very special in store. An internal document from transmission supplier ZF lists the 2018 production and pre-production vehicles using a version of their 8HP eight-speed automatic transmission. Among the vehicles listed the Grand Wagoneer with the platform code ZS. What makes this more intriguing is the mention of a Grand Wagoneer Trackhawk. The listing says it has a 6.2L V8 and produces 729 PS - about 718 horsepower. Like the Grand Cherokee Trackhawk, the Wagoneer Trackhawk uses a beefed-up version of the eight-speed automatic - ZF-8HP95X. Could this mean that Jeep will be launching a mad Wagoneer in the coming years? Possibly not. Road & Track has some possible guesses as to why this is mentioned, Someone goofed while working on this document FCA has built some Wagoneer prototypes with the Hellcat engine, but hasn't made plans to put it into production Source: Road & Track
  11. The Ford Fusion will be going away in due course as part of the company's plan to put more focus on utility vehicles and trucks. But that doesn't mean the Fusion name will heading to the trash bin. Bloomberg has learned from sources that Ford is planning to move the Fusion name to a new wagon that will compete with the Subaru Outback. The new model will also use the same mechanical underpinnings as the current Fusion - leading us to believe that it will be some version of the Mondeo wagon sold in Europe. Ford spokesman Mike Levine declined to comment on the new model, but did say the Fusion name would continue "because of its awareness, positive imagery and value with consumers.” Ford needs a way to keep their current sedan buyers returning their showroom after the Fusion sedan drops out. Analysis done by Kelly Blue Book revealed the less than half of Fusion owners are loyal to the brand. KBB also found that the Honda CR-V and Toyota RAV4 were the most popular SUV models that Fusion owners would consider. “Ford has a hard time moving people from their cars to SUVs,” said Michelle Krebs, a senior analyst with Autotrader. Source: Bloomberg (Subscription Required) View full article
  12. A new report from Autocar says that Mercedes-AMG is proposing a new entry-level sports car to take on the Porsche 718 Boxster and Cayman. The model is being presented as a indirect replacement to the slow selling SLC to Mercedes-Benz’s board of management. According to sources, the model is in the "conceptual stage" and needs approval from the board. But it is clear that AMG has given some thought if this project is given the green light. The design is said to have clear links to the upcoming Project One hypercar, and come in a coupe and convertible. For power, Autocar says the turbocharged 2.0L four-cylinder that will be used in both the new A35 and A45 hot hatches. Output will range from around 300 to more than 400 horsepower. There is a possibility of the engine being placed in a mid-mounted setup. “A lot of thought has gone into how Mercedes-AMG can better leverage its success in motorsport, particularly Formula 1 and endurance racing. One idea is a sports car that is relatively attainable financially and ideally suited to track day running. But it is just an idea and not a committed project right now,” said a source. Source: Autocar View full article
  13. When we last reported on the date change of the Detroit Auto Show, organizers had made the final decision on what month it would be held beginning in 2020 - either October or June. A new report from The Detroit News says June will be month that will be announced at a press conference on July 24th. Sources tell the paper that back in January that the Detroit Auto Dealers Association (DADA), organizers of the show sat down and started discussions as to moving the show. Originally, DADA had October as the month as it would move the show from the harshness of winter and give some breathing room from the Consumer Electronics Show (CES). But plans changed after The Detroit News interviewed General Motors' senior vice president of global communications, Tony Cervone. He said a move to June had the potential to create a "massive festival of automotive" for consumers. The hope is that this event would draw people into visiting the various venues and concerts in Detroit. Organizers released a teaser video late last month showing outdoor test tracks and vehicle displays. This brings us to a new twist. Ford is urging DADA to pull elements from the Goodwood Festival of Speed for this reimagined show. The Festival of Speed, being held this weekend, features a hill climb with a variety of racing and production cars, and a moving auto show that allows the press and would-be buyer to experience new vehicles. It should be noted that Ford has been a sponsor of the Festival of Speed for 23 years. Source: The Detroit News View full article
  14. A new report from Autocar says that Mercedes-AMG is proposing a new entry-level sports car to take on the Porsche 718 Boxster and Cayman. The model is being presented as a indirect replacement to the slow selling SLC to Mercedes-Benz’s board of management. According to sources, the model is in the "conceptual stage" and needs approval from the board. But it is clear that AMG has given some thought if this project is given the green light. The design is said to have clear links to the upcoming Project One hypercar, and come in a coupe and convertible. For power, Autocar says the turbocharged 2.0L four-cylinder that will be used in both the new A35 and A45 hot hatches. Output will range from around 300 to more than 400 horsepower. There is a possibility of the engine being placed in a mid-mounted setup. “A lot of thought has gone into how Mercedes-AMG can better leverage its success in motorsport, particularly Formula 1 and endurance racing. One idea is a sports car that is relatively attainable financially and ideally suited to track day running. But it is just an idea and not a committed project right now,” said a source. Source: Autocar
  15. The next-generation Volvo XC90, due out in 2021 as a 2022 model will follow in the S60's footsteps by not offering any sort of diesel option. Instead, Volvo will be offering a range of hybrids and electric-only powertrains. “We have to prioritise – we cannot do everything. So if we want to be faster in electrification we can’t say yes to everything. That’s why [the S60] has no diesel alternative and we are not planning to have a diesel alternative in any new cars. The XC90 will follow this,” said Volvo CEO Håkan Samuelsson to Auto Express. Volvo's next-generation SPA2 platform will underpin the XC90, which is designed to accept both electric and hybrid powertrains. Don't expect a major change in terms of the design. Auto Express reports that Volvo will undertake an evolutionary approach. Source: Auto Express View full article
  16. William Maley

    Rumorpile: Next XC90 To Drop Diesel Engines

    The next-generation Volvo XC90, due out in 2021 as a 2022 model will follow in the S60's footsteps by not offering any sort of diesel option. Instead, Volvo will be offering a range of hybrids and electric-only powertrains. “We have to prioritise – we cannot do everything. So if we want to be faster in electrification we can’t say yes to everything. That’s why [the S60] has no diesel alternative and we are not planning to have a diesel alternative in any new cars. The XC90 will follow this,” said Volvo CEO Håkan Samuelsson to Auto Express. Volvo's next-generation SPA2 platform will underpin the XC90, which is designed to accept both electric and hybrid powertrains. Don't expect a major change in terms of the design. Auto Express reports that Volvo will undertake an evolutionary approach. Source: Auto Express
  17. The Ford Fusion will be going away in due course as part of the company's plan to put more focus on utility vehicles and trucks. But that doesn't mean the Fusion name will heading to the trash bin. Bloomberg has learned from sources that Ford is planning to move the Fusion name to a new wagon that will compete with the Subaru Outback. The new model will also use the same mechanical underpinnings as the current Fusion - leading us to believe that it will be some version of the Mondeo wagon sold in Europe. Ford spokesman Mike Levine declined to comment on the new model, but did say the Fusion name would continue "because of its awareness, positive imagery and value with consumers.” Ford needs a way to keep their current sedan buyers returning their showroom after the Fusion sedan drops out. Analysis done by Kelly Blue Book revealed the less than half of Fusion owners are loyal to the brand. KBB also found that the Honda CR-V and Toyota RAV4 were the most popular SUV models that Fusion owners would consider. “Ford has a hard time moving people from their cars to SUVs,” said Michelle Krebs, a senior analyst with Autotrader. Source: Bloomberg (Subscription Required)
  18. The threat of a 20 percent tariff on vehicles exported from the European Union has a number of automakers panicking. But that tariff could be taken off the table if the EU removes their tariff on vehicles exported from the U.S. German paper Handelsblatt learned from sources that a meeting was held between the US ambassador to Germany, Richard Grenell and number of CEOs from German automakers. Grenell presented an offer directly from President Donald Trump - "elimination of all tariffs on automobile imports on both sides and removal of non-tariff barriers, such as regulations on the size of rear mirrors." Currently, the U.S. levies a 2.5 percent tariff on vehicles imported from EU. A 10 percent tariff is slapped on by EU members on vehicles imported from the U.S. The hope is that German automakers can put some pressure on the government to possibly bring this up with other EU members. Diamler, Volkswagen, the German Economy Ministry, and the European Commission declined to comment when asked by Reuters. Source: Handelsblatt, Reuters View full article
  19. When we last reported on the date change of the Detroit Auto Show, organizers had made the final decision on what month it would be held beginning in 2020 - either October or June. A new report from The Detroit News says June will be month that will be announced at a press conference on July 24th. Sources tell the paper that back in January that the Detroit Auto Dealers Association (DADA), organizers of the show sat down and started discussions as to moving the show. Originally, DADA had October as the month as it would move the show from the harshness of winter and give some breathing room from the Consumer Electronics Show (CES). But plans changed after The Detroit News interviewed General Motors' senior vice president of global communications, Tony Cervone. He said a move to June had the potential to create a "massive festival of automotive" for consumers. The hope is that this event would draw people into visiting the various venues and concerts in Detroit. Organizers released a teaser video late last month showing outdoor test tracks and vehicle displays. This brings us to a new twist. Ford is urging DADA to pull elements from the Goodwood Festival of Speed for this reimagined show. The Festival of Speed, being held this weekend, features a hill climb with a variety of racing and production cars, and a moving auto show that allows the press and would-be buyer to experience new vehicles. It should be noted that Ford has been a sponsor of the Festival of Speed for 23 years. Source: The Detroit News
  20. Rumors of a possible buyer for Fiat Chrysler Automobiles have popped up again. Late last week, the Asia Times learned from sources that Hyundai Motor Group CEO Chung Mong-koo is waiting for "an expected decline" in shares of FCA before launching a takeover bid attempt. This is expected to launch sometime between the summer and "prior to the Fiat-Chrysler annual shareholders’ meeting in May 2019." Reportedly, FCA CEO Sergio Marchionne drew Hyundai's attention by using interest from Great Wall Motor. The deal is being spurred by Paul Singer, the principal of Elliott Management. Singer made headlines in April by pressuring Hyundai to merge with Mobius, their parts' division to create a new holding company and demanded the company to pay investors more than $10 billion in “excess cash.” Marchionne has been trying his damnedest to try and find a merger partner for the past few years. Tried to work with General Motors CEO Mary Barra about possibly merging the two companies in 2015, but was turned down. Rumors about possibly merging with Volkswagen, but was told no. Various Chinese automakers considered bidding on FCA, but most deny it. Great Wall was considering only purchasing Jeep. However, plans for this were put on ice Here is the question we find ourselves wondering about, why would Hyundai consider buying FCA? Aside from getting their hands on Jeep and Ram Trucks (FCA's money makers), FCA would be gaining the most from this possible deal. To throw another wrench into this, Hyundai is currently in the midsts of a reorganization effort and part of that includes possibly replacing Mong-koo who is 80 years old. Both FCA and Hyundai declined to comment. Source: Asia Times Thanks @regfootball for the news tip View full article
  21. The flagship luxury SUV class is becoming more crowded with the Audi Q8, Bentley Bentayga, and Rolls-Royce Cullinan entering the fray. Land Rover is feeling the pressure and has big plans for the next-generation Range Rover to fight them off. Expected to launch in 2021, the fifth-generation Range Rover will move from the D7u platform to the new Modular Longitudinal Architecture (MLA). It will be lighter than D7u thanks to the extensive use of aluminum. MLA will also allow Land Rover to install fully-electric powertrains into the model, alongside gas, diesel, and plug-in hybrid variants. But don't expect one at launch as Land Rover reportedly has plans for stand-alone electric model that will have more car-like qualities - Road Rover anyone? A Range Rover EV will launch sometime after the launch, primarily for Asian markets like China. The current engine lineup, primarily sourced from other automakers will be scrapped. V6 engines will be replaced by inline-six engines from Jaguar Land Rover's Ingenium family. Its unclear whether or not there will be replacements for the V8 engines. Certain engines will come paired with a 48V mild-hybrid system. Don't expect any dramatic changes to the Range Rover's exterior as there are plans to do an evolution of the current shape. The interior will get new technologies such as an updated version of JLR's Touch Pro Duo infotainment system and connected car technology that will allow you to perform various tasks such as locking/unlocking your front door at home. There is also talk of some talk of autonomous driving features making an appearance. Source: Autocar
  22. The flagship luxury SUV class is becoming more crowded with the Audi Q8, Bentley Bentayga, and Rolls-Royce Cullinan entering the fray. Land Rover is feeling the pressure and has big plans for the next-generation Range Rover to fight them off. Expected to launch in 2021, the fifth-generation Range Rover will move from the D7u platform to the new Modular Longitudinal Architecture (MLA). It will be lighter than D7u thanks to the extensive use of aluminum. MLA will also allow Land Rover to install fully-electric powertrains into the model, alongside gas, diesel, and plug-in hybrid variants. But don't expect one at launch as Land Rover reportedly has plans for stand-alone electric model that will have more car-like qualities - Road Rover anyone? A Range Rover EV will launch sometime after the launch, primarily for Asian markets like China. The current engine lineup, primarily sourced from other automakers will be scrapped. V6 engines will be replaced by inline-six engines from Jaguar Land Rover's Ingenium family. Its unclear whether or not there will be replacements for the V8 engines. Certain engines will come paired with a 48V mild-hybrid system. Don't expect any dramatic changes to the Range Rover's exterior as there are plans to do an evolution of the current shape. The interior will get new technologies such as an updated version of JLR's Touch Pro Duo infotainment system and connected car technology that will allow you to perform various tasks such as locking/unlocking your front door at home. There is also talk of some talk of autonomous driving features making an appearance. Source: Autocar View full article
  23. The threat of a 20 percent tariff on vehicles exported from the European Union has a number of automakers panicking. But that tariff could be taken off the table if the EU removes their tariff on vehicles exported from the U.S. German paper Handelsblatt learned from sources that a meeting was held between the US ambassador to Germany, Richard Grenell and number of CEOs from German automakers. Grenell presented an offer directly from President Donald Trump - "elimination of all tariffs on automobile imports on both sides and removal of non-tariff barriers, such as regulations on the size of rear mirrors." Currently, the U.S. levies a 2.5 percent tariff on vehicles imported from EU. A 10 percent tariff is slapped on by EU members on vehicles imported from the U.S. The hope is that German automakers can put some pressure on the government to possibly bring this up with other EU members. Diamler, Volkswagen, the German Economy Ministry, and the European Commission declined to comment when asked by Reuters. Source: Handelsblatt, Reuters
  24. Rumors of a possible buyer for Fiat Chrysler Automobiles have popped up again. Late last week, the Asia Times learned from sources that Hyundai Motor Group CEO Chung Mong-koo is waiting for "an expected decline" in shares of FCA before launching a takeover bid attempt. This is expected to launch sometime between the summer and "prior to the Fiat-Chrysler annual shareholders’ meeting in May 2019." Reportedly, FCA CEO Sergio Marchionne drew Hyundai's attention by using interest from Great Wall Motor. The deal is being spurred by Paul Singer, the principal of Elliott Management. Singer made headlines in April by pressuring Hyundai to merge with Mobius, their parts' division to create a new holding company and demanded the company to pay investors more than $10 billion in “excess cash.” Marchionne has been trying his damnedest to try and find a merger partner for the past few years. Tried to work with General Motors CEO Mary Barra about possibly merging the two companies in 2015, but was turned down. Rumors about possibly merging with Volkswagen, but was told no. Various Chinese automakers considered bidding on FCA, but most deny it. Great Wall was considering only purchasing Jeep. However, plans for this were put on ice Here is the question we find ourselves wondering about, why would Hyundai consider buying FCA? Aside from getting their hands on Jeep and Ram Trucks (FCA's money makers), FCA would be gaining the most from this possible deal. To throw another wrench into this, Hyundai is currently in the midsts of a reorganization effort and part of that includes possibly replacing Mong-koo who is 80 years old. Both FCA and Hyundai declined to comment. Source: Asia Times Thanks @regfootball for the news tip
  25. Earlier this month, Audi CEO Rupert Stadler was taken into custody by German prosecutors over concerns about evidence tampering. He is expected to be in jail for another week as investigators will conduct interviews about the diesel emission scandal. Whether or not he is released on bail remains to be seen, but sources tell Automotive News Europe that Stadler will likely not return as Audi's CEO. "The expectation is that Stadler cannot return to his post. You have to be careful, because it's not so easy due to German labor laws, but he needs to concentrate on his legal defense right now and clearing his name," said a source close to Volkswagen Group's supervisory board. The board has been protecting Stadler for some time, but a change in think on the board now see him as 'damaged goods'. According to sources, the last thing Audi needs is a CEO that is implicated in the diesel emission scandal returning to said position. It is hoped that when Stadler is released, he will step down as CEO. It would avoid the embarrassment of the company having to fire him. Who could take Stadler's place? Some believe it could be Bram Schot, Audi's sales chief who was named interim CEO. Sources reveal that Schot isn't acting like a caretaker CEO. A key example was the decision to cancel the media launch of the e-tron in Brussels in August, to the U.S. on a yet to be revealed date. "If Bram Schot does his job well, he has a chance to be the permanent successor. He has all the abilities he needs to act and Schot isn't postponing anything, he's making decisions -- de facto he's the CEO," said a source. Source: Automotive News (Subscription Required) View full article

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