20 Articles
Report
FCA CEO Mike Manley will take undefined new role after PSA merger

Group Chairman John Elkann is 'delighted' the combined group will be led by PSA CEO Carlos Tavares

Fiat Chrysler Chief Executive Mike Manley will remain with the new group set to result from a planned merger with French rival PSA-Peugeot , Chairman John Elkann said on Wednesday. In a letter to Fiat Chrysler (FCA) employees on the day the two companies announced a binding agreement for a $50 billion tie-up to create the world's fourth-largest carmaker, Elkann said he was "delighted" that the combined group would be led by current PSA CEO Carlos Tavares. "And Mike Manley, w

Report
Sacré bleu! PSA mulling moving Paris headquarters to cut costs

PSA Peugeot Citroën has been based in its current offices, located less than half a mile from the iconic Arc de Triomphe in Paris, for a half century now. But the latest word has it that the French automaker is planning on leaving the historic location as part of its plans to cut costs.

Report
DS models to lose Citroen badging

The Citroën Divine DS Concept won't be the only model in the newly separated DS sub-brand to ditch its Chevrons. In fact, the entire DS line will go without the iconic badge, according to PSA Chairman Carlos Tavares.

Official
Carlos Tavares named CEO of PSA Peugeot Citroën

Carlos Tavares is a man of ambition. As well he should be, because you don't get to the top ranks of a major industrial group without it. But as chief operating officer of Renault, there was only so far he could go in the shadow of his boss Carlos Ghosn. So with an eye toward running a major automaker, Noah Joseph

Report
Ford board OK with Mulally stepping down earlier

Ford's board is open to CEO Alan Mulally stepping down before his planned departure in 2014, inside sources are telling Reuters. Ford's plan of succession, aside from who would be his actual successor, has been something approaching common knowledge – the 68-year-old former Boeing exec had plans to Brandon Turkus

Official
Carlos Tavares steps down as Renault COO

Renault has long been lead by two guys named Carlos. One is Carlos Ghosn, who presides as chairman and CEO not only over Renault, but also Nissan. That makes Ghosn one of the busiest guys in the business, and leaves Renault's day-to-day to the other Carlos – Carlos Tavares.

Report
Renault COO Tavares dreams of running GM or Ford

What do you do if you're in a job with no upward mobility? Admittedly, most of us just stick it out while secretly hoping our boss is sacked for all those paperclips he's been swiping, netting us a nice, shiny promotion. Then again, most of us aren't the number two at Renault, like Carlos Tavares.

Report
Renault's Initiale Paris luxe brand to get phased launch?

The Renault Initiale Paris concept car from 1995 (pictured) became the company's Vel Satis flagship model that sold from 2002 to 2009 – although the Vel Satis did without the concept's detuned Formula One engine, a 392-horsepower, 3.5-liter Renault Sport RS6 V10, which might be why it never sold as well as desired. Renault

False Report? Carlos Ghosn not stepping aside as Nissan CEO

According to a Nissan official, a report suggesting that Carlos Ghosn is stepping aside after more than decade at the helm of Nissan "is not true!" A local news site in Cool Springs, TN (near the automaker's North American headquarters) reported today that Ghosn, who is currently the CEO of both Nissan and French automaker Renault, plans to surrender the Nissan post to Carlo Tavares. Tava

Infiniti to expand lineup with 10 new vehicles by 2010

Dave Guilford of Automotive News sat down with Carlos Tavares, Nissan MoCo's global product chief, and the fruits of his investigative labors revealed that Infiniti has big plans over the next three years. A product push that involves a number of new models and expansion of the Infiniti brand into 90-percent of the luxury markets globally are the cornerstone of the marque, with sales likely to begin in South Korea and Russia, along with Europe in the latter half of next year.