Author: Automotive News Breaking News Feed

Dealership software giant CDK Global said it hired former Intel boss Brian Krzanich to take over as CEO. Krzanich, 58, replaces Brian MacDonald, CDK’s CEO since 2016. The move is effective immediately.

When it comes to the travel trio of airports, airlines and rental cars, the third member of the trio is the clear consumer favorite these days, according to a customer survey by J.D. Power.

The lithium industry’s struggle to match booming demand for the rechargeable-battery ingredient is ‘problematic’ and will further tighten the market, according to a top lithium industry executive.

BMW reported a 27 percent drop in third-quarter operating profit to $2 billion amid currency headwinds, trade tensions and higher randd expenses.

Ford made a profit in India for the first time in a decade in the last fiscal year, signaling that the automaker’s strategy conceived two years ago is starting to show some success.

The gradual flip in Toyota Motor Corp.’s product and sales mix in the U.S. over the past decade has exposed some weak performers on the car side.

With automakers facing financial pressure on many fronts — Wall Street, trade and tariff issues, slowing sales, intense competition — the product development chief’s job has never been more important.

Lincoln plans to introduce the production version of the Aviator crossover in L.A., roughly eight months after it showed off a “production preview” in New York.

A top Samsung executive said he expects strong growth at the company’s audio and auto electronics unit Harman, which has put the company “firmly in the picture of the automotive industry.”

NHTSA is closing an investigation into nearly 50,000 Ford Explorer Police Interceptor vehicles over reports of sudden brake failures, it said on Tuesday, without seeking a recall.