Ford Motor Co., the second-largest U.S. automaker, will soon name Mark Fields its next chief executive officer and reveal when current CEO Alan Mulally will retire from the company he is credited with saving, according to two people familiar with the pending announcement.
Volkswagen AG forecast its sales in China will increase 10 percent or more in 2014, signaling the German automaker will outsell General Motors Co. in the world’s biggest auto market for a second-straight year.
Toyota Motor Corp. showed off a reworked Camry that sports deeper-stamped body panels and a modified cabin as the world’s largest automaker works to keep its benchmark sedan the U.S. market’s best-selling car.
European car sales advanced a seventh consecutive month as new models to replace aging vehicles and an economic rebound in the U.K. boosted demand at Renault SA, Ford Motor Co. and PSA Peugeot Citroen.
Ford Motor Co. is bringing its premium Lincoln cars to China, decades behind Volkswagen AG’s Audi and BMW, testing whether the second-biggest U.S. automaker can emulate the recent turnaround of its namesake brand.
Nissan Motor Co., after best-ever U.S. sales of Leaf hatchbacks in 2013, plans to offer two years of free public charging for the battery-powered car in its strongest U.S. markets to entice more drivers to buy one.