Posted in

Continental CFO won’t extend contract

Continental’s CFO, Katja Garcia Vila, will not extend her contract and plans to leave the auto supplier she joined nearly three decades ago. Garcia Vila, 51, became CFO in December 2021 and will stay on until a successor has been found, the company said Monday. Her contract expires in December. Continental is going through a major revamp to improve returns at its struggling auto unit, including more than 7,000 job cuts and site closures. Garcia Vila is leaving “because of her own career planning,” the supplier said in a news release. She started her career at Continental in 1997 and…
Posted in

Jaguar Land Rover pushes back BEV rollout, focuses on plug-ins

Mardell indicated that the more mainstream EMA cars would come 12 months after the two electric Range Rovers, with the Jaguar models following after that. Mardell said JLR would be prepared to delay the launch of the Range Rover Electric to ensure the EV was perfect. “If it takes a few more months to get to that point, then the team will be allowed it,” he said. JLR said 16,000 people had joined the waiting list for Range Rover Electric. The company has not disclosed prices, although JLR Chief Financial Officer Richard Molyneux said on the earnings call that the…
Posted in

February US auto sales: Hyundai rebounds, Kia slips again

February US auto sales: Hyundai rebounds, Kia slips again | Automotive News Skip to main content NEWS OPINION DATA CENTER VIDEOS EVENTS & AWARDS JOBS Resource Center +MORE Advertise Leading Women Network Podcasts Webinars In the Driver’s Seat Publishing Partners APCO HOLDINGS: Strategies for handling new F&I dynamics APCO Holdings: Connected cars create new challenges and opportunities in F&I APCO Holdings: The Wild Ride into the Future of F&I Allstate: Compliance standards are changing. Here’s what you need to know. Allstate: The ABCs of maximum F&I effectiveness Ally All Ears Podcast Episodes | The next evolution in virtual F&I Ally…