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Former Fair CEO Scott Painter to launch subscription services provider NextCar

Painter said his new venture will not be a consumer-facing subscription provider but rather offer services to subscription providers. [...]

GM lands Delta exec as next CFO

Paul Jacobson will become GM's next finance chief on Dec. 1 after eight years as CFO of Delta. He will be the first CFO from outside the company in a decade. [...]

Auto executives, business leaders to propose modernized transport policies

The Future of Mobility Commission plans to propose a new regulatory framework to address a global transportation sector "on the cusp of a worldwide transition driven by shared, connected, autonomous, and electric technologies." [...]

Coronavirus dings American Axle Q3 sales by $87 million

Despite sales being down as a result of COVID-19's impact on the supply chain, American Axle reported net income and adjusted free cash flow growth in the third quarter. [...]

Lear swings to strong Q3 earnings as industry catches up to demand

Lear's improvement in sales is hinged on increased market share, considering global production for Lear declined 3 percent during the quarter compared with a year earlier. [...]

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