Stephen Odell , the Ford Motor Co. veteran who has been chief executive officer of Volvo Cars since 2008, will run Ford’s European unit after Zhejiang Geely Holding Co. completes a takeover of the Swedish carmaker.
Klaus Doerrzapf, who has solar panels on his home, has no plans for an emission-free car in his garage. He’s one of the reasons why automakers like Nissan Motor Co. won’t recoup investments in electric vehicles anytime soon.
Aston Martin is aiming to double sales by 2016 with new models and an expansion of its dealer network outside Europe. The British maker of sports cars featured in James Bond movies may then invest in a sport-utility vehicle to broaden its appeal to wealthy drivers.