Entries by USA Motor Jobs

Multimatic’s new driving simulator near Detroit will create 50 jobs

DETROIT — A $7.8 million driving simulation and vehicle development center is being planned for suburban Detroit. Multimatic Sales & Marketing Inc., a subsidiary of Canada-based Multimatic Inc., is building a “state-of-the-art driving simulator” called SimCenter, which will create 50 new jobs in Novi, Mich., according to the Michigan Economic Development Corp. The privately held […]

Ford to build more Lincolns for Chinese market locally

Ford Motor Co. plans to start production of new luxury Lincoln models in China for that market as they are launched, starting with the new Corsair crossover later this year, to benefit from lower costs and avoid the risk of tariffs, a top executive said on Monday. “It’s a huge, huge opportunity for Lincoln because […]

Trump announces delay on imported auto tariffs

WASHINGTON — The White House said on Friday that President Donald Trump is delaying a decision by up to six months on whether to impose tariffs on imported cars and parts to allow for more time for trade talks with the European Union and Japan. Trump faced a Saturday deadline to make a decision on […]

Masuko to step down as Mitsubishi Motors CEO, Kato to succeed him

TOKYO — Mitsubishi Motors Corp. said on Friday that Osamu Masuko will step down as its CEO on June 21 and be replaced by Takao Kato, who is president of its operations in Indonesia. Masuko, 70, will retain his role as chairman of the board, Mitsubishi Motors said in a statement, adding that Masuko and Kato […]

Musk to review all of Tesla’s expenses in new cost-cutting plan

Tesla Inc. CEO Elon Musk told employees on Thursday that he will increase scrutiny of the company’s expenses in his latest initiative to cut costs at the electric car maker. Tesla earlier this month closed a $2.7 billion offering of stock and convertible notes, giving it much needed cash as it ramps up production. Musk […]

Mercedes USA picks China chief Speeks to replace Exler as CEO

ATLANTA — Nicholas Speeks who has steered Mercedes-Benz sales in China for more than six years, has been named CEO of Mercedes-Benz USA and head of its North America region. Speeks, 60, succeeds Dietmar Exler, who is leaving the company after leading the brand to three straight U.S. luxury sales titles before a decline this […]

Ford debuts new transmission system to power next-gen hybrids

DETROIT — Ford Motor Co. is looking to add muscle to its next generation of hybrid vehicles. Over the next few years, the automaker plans hybrid versions of its F-150 pickup, Bronco SUV and Explorer crossover, among other vehicles. It promises they’ll be able to venture off road, tow boats and haul around multiple golfbags […]

Nissan keeps Saikawa as CEO, putting focus on Renault ties

TOKYO – Nissan will keep Hiroto Saikawa as CEO in a reconstituted board that also gives Renault’s top two executives seats, setting the table for possible friction in the automakers’ alliance should shareholders approve the changes at next month’s annual meeting. Saikawa was nominated for reappointment to an expanded Nissan board as part of a […]

FCA nears investment grade after Moody’s upgrade

Moody’s Investors Service said it upgraded Fiat Chrysler Automobiles’ credit rating to one level below investment grade. “FCA’s upgrade reflects the continued improvements in its credit metrics and Moody’s expectation that FCA will be able to sustain these credit metrics even in a more challenging environment with softening demand in some of its key markets […]