Executives

VW's Diess learned about emissions software months before scandal, report says

VW CEO Herbert Diess was told about the existence of cheating software in cars two months before regulators blew the whistle on a multi-billion exhaust emissions scandal, a German magazine said.


SEC pressing Tesla for details on Musk communications, report says

U.S. regulators are pressing Tesla's directors for details on how much information CEO Elon Musk shared with them before he tweeted about a plan to take the company private, a newspaper reported.

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MORE EXECUTIVE NEWS TALK FROM THE TOP FINAL ASSEMBLY
How we keep score

The Automotive News/Equilar Executive Compensation Study is based on analysis of pay data from corporate filings with the U.S. Securities and Exchange Commission.

UPDATED: 8/17/18 4:25 pm ET - adds stock close
Report: Musk says nobody reviewed tweet; SpaceX could help take Tesla private

Elon Musk said nobody reviewed his tweet about the plan to take Tesla private before he posted it, the New York Times reported, citing an interview in which Musk frequently teared up. The report also said Musk's rocket company, SpaceX, could help bankroll the going-private transaction.

UPDATED: 8/17/18 11:56 am ET - adds details
Aretha Franklin, touchstone voice of the Motor City, dies at 76

Aretha Franklin, the queen of soul whose voice and music became a touchstone of the Motor City's car culture and Detroit 3 marketing efforts, died Thursday. The Memphis-born singer and longtime resident of the Detroit area was 76.

UPDATED: 8/15/18 4:17 pm ET
Musk may face national security review in a Tesla-Saudi deal

Elon Musk will likely need clearance from U.S. national security officials for any proposal to take Tesla private with financing from Saudi Arabia, just as the Trump administration steps up scrutiny of foreign investment in American technology.

UPDATED: 8/14/18 6:04 pm ET - adds details
EPA staff disputed claim fuel efficiency plan would save lives

As the Trump administration moves to freeze vehicle fuel efficiency standards, some regulatory officials have disputed the Transportation Department rationale that the plan would significantly cut traffic deaths, internal documents made public show.


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