Automakers & Suppliers Ford's $500M investment in Rivian to yield new electric vehicle Ford plans to build a battery EV using Rivian’s flexible skateboard platform. The move comes weeks after talks between Rivian and General Motors reportedly broke down. Executives Nissan names Cousseau head of U.S. sales amid N.A. management shuffle Former Nissan Mexico President Airton Cousseau will take over U.S. sales and marketing effective July 1, Nissan said. Retail Infiniti names Jeff Pope to run N.A. business Jeff Pope has been named Infiniti Americas group vice president. Pope, a 13-year Infiniti veteran, will run the brand's North America business and oversee its strategic direction. Automakers & Suppliers Hyundai returns to earnings growth as U.S. sales offset China slump Hyundai increased its profit for the first time in six quarters, helped by strong demand for utilities and decreasing incentive spending in the U.S. Executives New book details the final days and legacy of Sergio Marchionne A new book from a longtime Italian journalist who covers Fiat details the final days of the late Fiat Chrysler Automobiles CEO Sergio Marchionne -- and some of the behind-the-scenes drama that took place last year atop the automaker. Automakers & Suppliers JLR leans on U.S. amid China slump, Brexit turmoil The automaker is betting on continued demand for utilities to maintain U.S. growth, even as the automaker faces headwinds in the U.K. and in China. Retail Tesla says it'll offer lower-priced Model S, Model X Tesla said it is reintroducing standard models of the Model S and Model X that have shorter driving ranges than other versions. Executives Hyundai promotes China designer to global role in Seoul Simon Loasby takes over as head of the styling group at the Hyundai Design Center. PM NEWSCAST Rivian's lessons for Ford? ? Infiniti names N.A. chief ? How BMW's fighting child labor ? Sonic founder's $734M quest See all PM Newscasts AM Newscast Ford taking stake in Rivian ? Nissan expects profit drop ? Hyundai profit jumps 24% ? Why Mazda believes in diesel See all First Shift Special Report: Used-Vehicles Carvana debuts as No. 8 on used ranking Dealers turn to Craigslist to meet used-car demand Luxury dealers reversing course on used Penske to add more used-only stores Used-Car Special: Inventory Report ? Access F&I F&I product landscape for EVs is sparse Indiana dealership group sued in class action over document fees Texas bill amended to ensure Tesla can fix cars More Access F&I stories ? Cars & Concepts Mazda: Skyactiv-X engine still on track for U.S. launch Crossovers star in 2 auto shows in 1 week Corsair will be first Lincoln with output in China VW Tarok concept to measure pickup interest in U.S. More Cars & Concepts stories ? This Week's Issue Instead of national strike, UAW could target key plants for ripple effect Which Munoz will show up at Hyundai? Lincoln reimagined as a 'luxury boutique' Buick dealers will get an extra helping of Encore More stories from this week's issue ? Opinion New chapter, new challenge for Jose Munoz Jobs Bank didn't die in 2009, it just moved south New York sets an example for shift to EVs DEBATE: All Hail the Driverless Car ? More Opinion stories ? Best Practices Dealer's customers are in for a surprise Concierge service positions store for future Sponsored Content Provided By Ally VIDEO: Take action to create a welcoming workplace More Best Practices stories ? Best Practice Tips BLOGS Dealers need to be part of the emerging data landscape There's a lot riding on the new Corvette Stipulation capture tool aims to smooth approval process Time is right for GM to bring back Tiger Woods More Blogs ? FIXED OPS JOURNAL How to pay service advisers to sell more without turning customers off? Debate over best way to pay service techs continues to roil dealerships Dealership provides training for service technicians in Texas program More Fixed Ops Journal stories ? Weekend Drive One-on-one with Jose Munoz: Why Hyundai is taking the 'right steps' forward In an exclusive interview, new Hyundai COO Jose Munoz discusses his top priorities for the automaker, lessons from Nissan, the Carlos Ghosn saga and time away from the auto industry. Listen to the Weekend Drive Podcast See all Weekend Drive NEW TECH Bugatti champions 3D-printed parts What: 3D printed taillight Where: Bugatti Divo Tech source: Undisclosed Automotive News this month is taking a look at emerging New Tech: Those innovations unimagined or not commercially viable just 10 years ago that engineers are now translating into mass production. Dealers Lithia posts record-high revenue, net income gain in Q1 Even as its new-vehicle sales slowed and new-vehicle margins tightened, Lithia Motors Inc. reported a gain in net income and record-high revenue in the first quarter. Executives Speedway Motorsports founder Bruton Smith seeks $734M buyout Speedway Motorsports founder Bruton Smith proposed to buy out the company for about $734 million, a move that would take the U.S. racing-track owner private after almost a quarter century. Suppliers Gentex Q1 net income drops 6% Auto mirror supplier Gentex said its net income for the first quarter was $104.3 million, down 6 percent from a year ago. Automakers & Suppliers Tesla troubles expected to grow with Q1 report Tesla's first-quarter financial forecast have been lowered sharply by analysts in recent weeks, especially after disappointing delivery numbers were announced earlier this month. Automakers & Suppliers U.S. car tariffs alone would have limited impact on EU, central bank says The immediate impact of such levies would be small even though escalating trade tensions could have grave consequences for the global economy, a study concludes. Automakers & Suppliers BMW to buy cobalt direct from Australia, Morocco for EV batteries Andreas Wendt, BMW board member responsible for procurement, said the new supply of cobalt would be used in the carmaker's next generation of EVs in 2020. Automakers & Suppliers Nissan profit to drop below Renault's for first time in decade Nissan is on track to miss its full-year profit goal, earning less than alliance partner Renault for the first time in a decade and underscoring challenges being faced in post-Carlos Ghosn future. ? Suppliers Webasto plans $48 million roof systems operation near Detroit Webasto's roof systems project is expected to create 441 new jobs and is supported by a $2.7 million grant from the state and a local property tax abatement. Dealers Asbury's Q1 net income rises despite lower new-car margins Gains in parts and service, used-vehicle sales and F&I income boosted Asbury Automotive's net income in the first quarter despite several tough headwinds.? Executives Ex-Tesla engineer takes over as CEO of EV challenger Lucid Peter Rawlinson, who was chief engineer of the Model S when he worked for Tesla, has long been the public face of Lucid. Now he's the CEO. 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