Ford Motor Company is likely going to announce Mark Fields as the next CEO. He will be succeeding eight-year CEO Alan Mulally. Mark Fields is currently the chief operating officer of Ford Motor Company. Last year, there were rumors that Mulally would become the successor to Microsoft CEO Steve Ballmer. Satya Nadella ended up taking that job. Fields has been COO of Ford since late 2012 and has been accepting more responsibilities from Mulally.
Tesla Motors Inc (NASDAQ:TSLA) has announced that its 100th Supercharger station is now open — the location was at Hamilton Township, New Jersey, which is east of the state capital of Trenton and less than 40 miles northeast of Philadelphia. The new Supercharger station is located at the Hamilton Market Place mall, right off of Interstate 195 and a few miles from interchanges with both the New Jersey Turnpike and Interstate 195.
Tesla Motors Inc (NASDAQ:TSLA) has started renovating a 431,000 square foot facility that was once used by Daimler-Chrysler as a distribution center. Tesla received a permit by the city of Lathrop, California for manufacturing modifications on the facility.
General Motors Company (NYSE:GM) has filed a motion in the U.S. bankruptcy court asking for a judge to protect the auto giant from legal claims for actions that took place before it stepped out of bankruptcy in 2009. The motion was filed late on Monday in the Bankruptcy Court for the Southern District of New York.
Tesla Motors Inc (NASDAQ:TSLA) is going to start delivering the Model S in China this week and now CEO Elon Musk is hinting at expansion plans being set up in the Asian country. Musk said that he is planning to start manufacturing Tesla vehicles in China within the next three to four years, according to Bloomberg.
There is a bill that would have allowed Tesla Motors Inc (NASDAQ:TSLA) sell cars at its factory-owned showrooms in Arizona that is “dead” in the state Senate, according to Automotive News.
General Motors Company (NYSE:GM) president Dan Ammann said today that the company and its local partners are boosting production capacity for GM vehicles in China to 5 million.
General Motors Company (NYSE:GM) is in the midst of a major recall, but it won a legal battle on Thursday in Texas. General Motors was able to fend off a potential court order on Thursday when a federal judge denied a motion that would have forced it to advise the owners of the 2.6 million recalled small cars with a faulty ignition switch to keep the cars off the road until they are fixed.