-
Recent Posts
- Audi of America Q2 2026 Sales Drop 17%
- Loss Making Survival Diet – VW Group Efficiency Quest
- Milestones – Honda Transmission Plant-Ohio 30th Anniversary
- Auto Lending – BMW i Ventures Takes Piece of KredosAi
- War Crimes – Trumpoline Prices Rising!
- Manheim Used Vehicle Value Index – Affordability Lurks?
- Honda Recalls ~326,000 Odysseys for Bad Rearview Cameras
- Regulatory Reform! CPSC Starts Mandatory eFiling for Imports
- Toyota – $3.6B Expansion at San Antonio Plant
- Ford and Lincoln Recalls For Bad Pedestrian Backup Warnings
- Ford Leads All Manufacturers in NHTSA Recalls
- CARB Adds $70M of Funding for Clean Off-Road Equipment
- Goodyear Blimp Returns to NYC for the Fourth of July
- BMW iX5 Electric Vehicle Debuts in Spartanburg SC
- Volvo Cars Q2 2026 Sales Drop ~6%
Recent Comments
- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
Archives
Meta
Get intelligent commentary on the automobile business and its economic and social effects. Stay informed with AutoInformed.
Ford Shakes up European and International Markets as CFO Shanks Retires. Restructuring Continues as Stock Languishes
The more significant news, perhaps, is happening at Ford’s European money pit and its struggling International Markets Group. Peter Fleet, president of IMG, has announced his intention to retire. Fleet, 51, held leading in Ford marketing, sales and service, and business operations globally for nearly 30 years. Prior to the establishment of the International Markets Group, Fleet served as president of Asia Pacific, leading all of Ford’s operations and partnerships across the region. Previously, he was president of Ford ASEAN and vice president, Sales, Ford of Europe. Continue reading →