Latest news with #BernsteinStrategicDecisionsConference
The Advertiser
22-06-2025
- Automotive
- The Advertiser
Ford might develop future engines with outside firms, says executive
A senior Ford executive thinks customers no longer separate brands based on their petrol and diesel engines, and this might lead to the automaker developing new engines with suppliers or, maybe, rivals. According to Automotive News John Lawler, Ford's vice chair overseeing strategy, partnerships and alliances, told the Bernstein Strategic Decisions Conference, "I don't think that consumers really think about powertrains the way they did 30 years ago". He told the conference, "Where [internal combustion engines] defined what a vehicle was — the horsepower, the displacement, the torque and everything about the vehicle — I think a lot of that is gone". Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Part of this, Mr Lawler believes, is down to electrification, which allows automakers to increase power and torque, while reducing CO2 emissions, with hybrid or plug-in hybrid drivetrains. Mr Lawler posits this might lead automakers, including Ford, to develop next-generation engines with other companies. Doing so would save money that could help them compete with Chinese automakers. According to the vice chair, Ford needs "to be competitive against them not only on speed of development, software capability, electrical architecture capability, but also overall electrification capability". In 2022 Renault merged its Horse drivetrain division with that of Geely's Aurobay in the hopes of attracting customers for its engines and transmissions outside of the two automakers' stable of brands, which include Dacia, Volvo, Zeekr, and Lotus. It should be noted engine and drivetrain sharing between rival automakers, while not the norm, isn't completely unheard of. In the early 2000s Ford developed a V6 turbo-diesel in conjunction with the PSA Group, which was used in a wide variety of vehicles, including Australian Ford Territory, as well as the Citroen C5, Peugeot 407 and 607, and a whole host of Jaguar and Land Rover models. Other times, manufacturers just sign a supply agreement to fill a hole in their drivetrain lineup, such as when Toyota Europe used BMW diesel engines in the 2010s for a number of models, including the RAV4. Small manufacturers often rely exclusively on engines from other car makers, with Lotus, for example, using mills from Rover, Toyota and Mercedes-Benz. Ford is no stranger to collaborating with other car makers in other areas too. It currently shares a number of platforms with the Volkswagen Group, with the Volkswagen Amarok based on the Ford Ranger, and Volkswagen Transporter based on the Ford Transit Custom. Going the other way, the Ford Transit Connect is based on the Volkswagen Caddy, and the European Ford Explorer and Capri EVs are based Volkswagen MEB architecture. Prior to all this, Ford jointly developed a 10-speed automatic transmission for use in full-size pickup trucks with cross-town rival GM. MORE: Everything Ford Content originally sourced from: A senior Ford executive thinks customers no longer separate brands based on their petrol and diesel engines, and this might lead to the automaker developing new engines with suppliers or, maybe, rivals. According to Automotive News John Lawler, Ford's vice chair overseeing strategy, partnerships and alliances, told the Bernstein Strategic Decisions Conference, "I don't think that consumers really think about powertrains the way they did 30 years ago". He told the conference, "Where [internal combustion engines] defined what a vehicle was — the horsepower, the displacement, the torque and everything about the vehicle — I think a lot of that is gone". Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Part of this, Mr Lawler believes, is down to electrification, which allows automakers to increase power and torque, while reducing CO2 emissions, with hybrid or plug-in hybrid drivetrains. Mr Lawler posits this might lead automakers, including Ford, to develop next-generation engines with other companies. Doing so would save money that could help them compete with Chinese automakers. According to the vice chair, Ford needs "to be competitive against them not only on speed of development, software capability, electrical architecture capability, but also overall electrification capability". In 2022 Renault merged its Horse drivetrain division with that of Geely's Aurobay in the hopes of attracting customers for its engines and transmissions outside of the two automakers' stable of brands, which include Dacia, Volvo, Zeekr, and Lotus. It should be noted engine and drivetrain sharing between rival automakers, while not the norm, isn't completely unheard of. In the early 2000s Ford developed a V6 turbo-diesel in conjunction with the PSA Group, which was used in a wide variety of vehicles, including Australian Ford Territory, as well as the Citroen C5, Peugeot 407 and 607, and a whole host of Jaguar and Land Rover models. Other times, manufacturers just sign a supply agreement to fill a hole in their drivetrain lineup, such as when Toyota Europe used BMW diesel engines in the 2010s for a number of models, including the RAV4. Small manufacturers often rely exclusively on engines from other car makers, with Lotus, for example, using mills from Rover, Toyota and Mercedes-Benz. Ford is no stranger to collaborating with other car makers in other areas too. It currently shares a number of platforms with the Volkswagen Group, with the Volkswagen Amarok based on the Ford Ranger, and Volkswagen Transporter based on the Ford Transit Custom. Going the other way, the Ford Transit Connect is based on the Volkswagen Caddy, and the European Ford Explorer and Capri EVs are based Volkswagen MEB architecture. Prior to all this, Ford jointly developed a 10-speed automatic transmission for use in full-size pickup trucks with cross-town rival GM. MORE: Everything Ford Content originally sourced from: A senior Ford executive thinks customers no longer separate brands based on their petrol and diesel engines, and this might lead to the automaker developing new engines with suppliers or, maybe, rivals. According to Automotive News John Lawler, Ford's vice chair overseeing strategy, partnerships and alliances, told the Bernstein Strategic Decisions Conference, "I don't think that consumers really think about powertrains the way they did 30 years ago". He told the conference, "Where [internal combustion engines] defined what a vehicle was — the horsepower, the displacement, the torque and everything about the vehicle — I think a lot of that is gone". Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Part of this, Mr Lawler believes, is down to electrification, which allows automakers to increase power and torque, while reducing CO2 emissions, with hybrid or plug-in hybrid drivetrains. Mr Lawler posits this might lead automakers, including Ford, to develop next-generation engines with other companies. Doing so would save money that could help them compete with Chinese automakers. According to the vice chair, Ford needs "to be competitive against them not only on speed of development, software capability, electrical architecture capability, but also overall electrification capability". In 2022 Renault merged its Horse drivetrain division with that of Geely's Aurobay in the hopes of attracting customers for its engines and transmissions outside of the two automakers' stable of brands, which include Dacia, Volvo, Zeekr, and Lotus. It should be noted engine and drivetrain sharing between rival automakers, while not the norm, isn't completely unheard of. In the early 2000s Ford developed a V6 turbo-diesel in conjunction with the PSA Group, which was used in a wide variety of vehicles, including Australian Ford Territory, as well as the Citroen C5, Peugeot 407 and 607, and a whole host of Jaguar and Land Rover models. Other times, manufacturers just sign a supply agreement to fill a hole in their drivetrain lineup, such as when Toyota Europe used BMW diesel engines in the 2010s for a number of models, including the RAV4. Small manufacturers often rely exclusively on engines from other car makers, with Lotus, for example, using mills from Rover, Toyota and Mercedes-Benz. Ford is no stranger to collaborating with other car makers in other areas too. It currently shares a number of platforms with the Volkswagen Group, with the Volkswagen Amarok based on the Ford Ranger, and Volkswagen Transporter based on the Ford Transit Custom. Going the other way, the Ford Transit Connect is based on the Volkswagen Caddy, and the European Ford Explorer and Capri EVs are based Volkswagen MEB architecture. Prior to all this, Ford jointly developed a 10-speed automatic transmission for use in full-size pickup trucks with cross-town rival GM. MORE: Everything Ford Content originally sourced from: A senior Ford executive thinks customers no longer separate brands based on their petrol and diesel engines, and this might lead to the automaker developing new engines with suppliers or, maybe, rivals. According to Automotive News John Lawler, Ford's vice chair overseeing strategy, partnerships and alliances, told the Bernstein Strategic Decisions Conference, "I don't think that consumers really think about powertrains the way they did 30 years ago". He told the conference, "Where [internal combustion engines] defined what a vehicle was — the horsepower, the displacement, the torque and everything about the vehicle — I think a lot of that is gone". Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Part of this, Mr Lawler believes, is down to electrification, which allows automakers to increase power and torque, while reducing CO2 emissions, with hybrid or plug-in hybrid drivetrains. Mr Lawler posits this might lead automakers, including Ford, to develop next-generation engines with other companies. Doing so would save money that could help them compete with Chinese automakers. According to the vice chair, Ford needs "to be competitive against them not only on speed of development, software capability, electrical architecture capability, but also overall electrification capability". In 2022 Renault merged its Horse drivetrain division with that of Geely's Aurobay in the hopes of attracting customers for its engines and transmissions outside of the two automakers' stable of brands, which include Dacia, Volvo, Zeekr, and Lotus. It should be noted engine and drivetrain sharing between rival automakers, while not the norm, isn't completely unheard of. In the early 2000s Ford developed a V6 turbo-diesel in conjunction with the PSA Group, which was used in a wide variety of vehicles, including Australian Ford Territory, as well as the Citroen C5, Peugeot 407 and 607, and a whole host of Jaguar and Land Rover models. Other times, manufacturers just sign a supply agreement to fill a hole in their drivetrain lineup, such as when Toyota Europe used BMW diesel engines in the 2010s for a number of models, including the RAV4. Small manufacturers often rely exclusively on engines from other car makers, with Lotus, for example, using mills from Rover, Toyota and Mercedes-Benz. Ford is no stranger to collaborating with other car makers in other areas too. It currently shares a number of platforms with the Volkswagen Group, with the Volkswagen Amarok based on the Ford Ranger, and Volkswagen Transporter based on the Ford Transit Custom. Going the other way, the Ford Transit Connect is based on the Volkswagen Caddy, and the European Ford Explorer and Capri EVs are based Volkswagen MEB architecture. Prior to all this, Ford jointly developed a 10-speed automatic transmission for use in full-size pickup trucks with cross-town rival GM. MORE: Everything Ford Content originally sourced from:
7NEWS
21-06-2025
- Automotive
- 7NEWS
Ford might develop future engines with outside firms, says executive
A senior Ford executive thinks customers no longer separate brands based on their petrol and diesel engines, and this might lead to the automaker developing new engines with suppliers or, maybe, rivals. According to Automotive News John Lawler, Ford's vice chair overseeing strategy, partnerships and alliances, told the Bernstein Strategic Decisions Conference, 'I don't think that consumers really think about powertrains the way they did 30 years ago'. He told the conference, 'Where [internal combustion engines] defined what a vehicle was — the horsepower, the displacement, the torque and everything about the vehicle — I think a lot of that is gone'. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Part of this, Mr Lawler believes, is down to electrification, which allows automakers to increase power and torque, while reducing CO2 emissions, with hybrid or plug-in hybrid drivetrains. Mr Lawler posits this might lead automakers, including Ford, to develop next-generation engines with other companies. Doing so would save money that could help them compete with Chinese automakers. According to the vice chair, Ford needs 'to be competitive against them not only on speed of development, software capability, electrical architecture capability, but also overall electrification capability'. In 2022 Renault merged its Horse drivetrain division with that of Geely's Aurobay in the hopes of attracting customers for its engines and transmissions outside of the two automakers' stable of brands, which include Dacia, Volvo, Zeekr, and Lotus. It should be noted engine and drivetrain sharing between rival automakers, while not the norm, isn't completely unheard of. In the early 2000s Ford developed a V6 turbo-diesel in conjunction with the PSA Group, which was used in a wide variety of vehicles, including Australian Ford Territory, as well as the Citroen C5, Peugeot 407 and 607, and a whole host of Jaguar and Land Rover models. Other times, manufacturers just sign a supply agreement to fill a hole in their drivetrain lineup, such as when Toyota Europe used BMW diesel engines in the 2010s for a number of models, including the RAV4. Small manufacturers often rely exclusively on engines from other car makers, with Lotus, for example, using mills from Rover, Toyota and Mercedes-Benz. Ford is no stranger to collaborating with other car makers in other areas too. It currently shares a number of platforms with the Volkswagen Group, with the Volkswagen Amarok based on the Ford Ranger, and Volkswagen Transporter based on the Ford Transit Custom.
Perth Now
21-06-2025
- Automotive
- Perth Now
Ford might develop future engines with outside firms, says executive
A senior Ford executive thinks customers no longer separate brands based on their petrol and diesel engines, and this might lead to the automaker developing new engines with suppliers or, maybe, rivals. According to Automotive News John Lawler, Ford's vice chair overseeing strategy, partnerships and alliances, told the Bernstein Strategic Decisions Conference, 'I don't think that consumers really think about powertrains the way they did 30 years ago'. He told the conference, 'Where [internal combustion engines] defined what a vehicle was — the horsepower, the displacement, the torque and everything about the vehicle — I think a lot of that is gone'. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Supplied Credit: CarExpert Part of this, Mr Lawler believes, is down to electrification, which allows automakers to increase power and torque, while reducing CO2 emissions, with hybrid or plug-in hybrid drivetrains. Mr Lawler posits this might lead automakers, including Ford, to develop next-generation engines with other companies. Doing so would save money that could help them compete with Chinese automakers. According to the vice chair, Ford needs 'to be competitive against them not only on speed of development, software capability, electrical architecture capability, but also overall electrification capability'. In 2022 Renault merged its Horse drivetrain division with that of Geely's Aurobay in the hopes of attracting customers for its engines and transmissions outside of the two automakers' stable of brands, which include Dacia, Volvo, Zeekr, and Lotus. Supplied Credit: CarExpert Supplied Credit: CarExpert It should be noted engine and drivetrain sharing between rival automakers, while not the norm, isn't completely unheard of. In the early 2000s Ford developed a V6 turbo-diesel in conjunction with the PSA Group, which was used in a wide variety of vehicles, including Australian Ford Territory, as well as the Citroen C5, Peugeot 407 and 607, and a whole host of Jaguar and Land Rover models. Other times, manufacturers just sign a supply agreement to fill a hole in their drivetrain lineup, such as when Toyota Europe used BMW diesel engines in the 2010s for a number of models, including the RAV4. Small manufacturers often rely exclusively on engines from other car makers, with Lotus, for example, using mills from Rover, Toyota and Mercedes-Benz. Supplied Credit: CarExpert Supplied Credit: CarExpert Ford is no stranger to collaborating with other car makers in other areas too. It currently shares a number of platforms with the Volkswagen Group, with the Volkswagen Amarok based on the Ford Ranger, and Volkswagen Transporter based on the Ford Transit Custom. Going the other way, the Ford Transit Connect is based on the Volkswagen Caddy, and the European Ford Explorer and Capri EVs are based Volkswagen MEB architecture. Prior to all this, Ford jointly developed a 10-speed automatic transmission for use in full-size pickup trucks with cross-town rival GM. MORE: Everything Ford
Business Insider
30-05-2025
- Business
- Business Insider
Southwest CEO says changes like charging for seat bookings and checked bags will make it over $4 billion next year
Southwest Airlines expects to make over $4 billion from the array of changes it's introducing. That includes scrapping its signature policies of unassigned seating and the trademarked "Two bags fly free." At the Bernstein Strategic Decisions Conference on Thursday, CEO Bob Jordan said the airline expects an incremental EBIT contribution of $4.3 billion in 2026. "It's hugely impactful to the business and to our margins," he added. On Wednesday, Southwest started charging $35 for a first checked bag and $45 for a second one, although all loyalty members and credit card holders can get one for free. "Bag fees, credit exploration, [and] changes to the loyalty program" are expected to contribute $800 million, Jordan said. While changing the seating system is still "months away," it is expected to generate another $1.5 billion in 2026. Introducing assigned seating is designed to encourage passengers to pay to choose their seat and for premium options like extra legroom. "85% of the customers who won't choose us want assigned seating," Jordan said, adding it is also the biggest reason they don't fly with Southwest. The other $2 billion is split between cost-cutting measures and "base business changes," such as improving the airline's revenue management system. Budget airlines like Southwest have seen their profits tumble since the pandemic. Increased fuel and labor costs, plus domestic overcapacity, have made it harder to fill planes, while fliers are more interested in paying for premium options. As Jordan said on Thursday: "Let's answer the question of what do customers want? And they want segmentation of the cabin. They want a variety of product offerings. They want access to premium." Southwest has also faced pressure from the activist firm Elliott Investment Management. The new changes seem to be encouraging Wall Street. Southwest's share price has risen over 20% in the past month. Plus, Deutsche Bank analysts upgraded the stock from a Hold rating to a Buy on Thursday. "Southwest is in the middle of the largest transformation in company history and we are confident that its new board and management team will execute its transformation plan with considerable success," they wrote in a report.
Yahoo
30-05-2025
- Automotive
- Yahoo
Stellantis CFO praises new CEO, promises progress in American market at fireside chat
Stellantis CFO Doug Ostermann spent the afternoon praising the automaker's new chief executive and promising big things for the American operations of the company in years to come. Speaking at the Bernstein Strategic Decisions Conference on May 29, an economic conference aimed at company executives and investors, Ostermann touched on an array of issues: How will Stellantis keep up with the blazing pace of Chinese automakers? How will the company address headwinds brought on by President Donald Trump's tariff policies? But to open the 50-minute discussion, Ostermann took a moment to praise Antonio Filosa, who was named the next CEO of Stellantis on May 28. "Antonio has, you know, kind of this proven track record of improving things, building things, getting at issues and being very hands-on," Ostermann said, pointing to his work in North and South America, where Jeep dominated South American markets under Filosa's guidance. "In the short time that he's been the head of North America, he fixed what was a significant inventory problem, adjusted pricing, built back the relationships with dealers," Ostermann said. "He's always been a man with a plan." Filosa, a self-described protégé of the late charismatic Fiat Chrysler leader Sergio Marchionne, is tasked with reviving a company that has lagged financially in the last several years. Under former CEO Carlos Tavares, Stellantis saw a 70% drop in net profit between 2023 and 2024. The struggles continued into 2025, as Stellantis' profits slid 14% in its first quarter of 2025. Ostermann, who has been with Stellantis-affiliated brands for eight years, says he trusts Filosa to lead the automaker out of the rough years. Stellantis names new CEO: Meet Antonio Filosa, the new CEO of Stellantis and protégé of Sergio Marchionne Fixing Model T's: Hot job? A growing field for mechanics who can fix Ford Model T's and antique cars Stellantis is an international company, managing 14 brands including Chrysler, Dodge, Jeep, Ram, Fiat and several names in the European market. American dealers and factory workers have previously scolded the company for leaving American operations behind. With the compounding influence of a new leader in Filosa, who previously told the Free Press the United States is "the biggest priority" for Stellantis, and tariff policies seeking to reward automotive production in the United States, Ostermann said that he anticipates the company putting more focus on American production and jobs. Ostermann noted that several new models will be rolling out this year, including a midsize truck under the Ram banner and a retooled Jeep Cherokee on a hybrid powertrain, set to be released in the back half of 2025. The new Cherokee comes two years after the model was canceled in 2023, and Ostermann said it will be Stellantis' first vehicle with a full hybrid powertrain. Along with the new Cherokee, Ostermann mentioned Ram's upcoming foray into the midsize truck market — a segment in which Stellantis does not currently offer a vehicle. Plans for the new truck and other manufacturing, Ostermann said, are being made with tariffs in mind. "Clearly, we're going to be more biased toward the U.S. manufacturing going forward," Ostermann said, when asked how the brand is adjusting to proposed tariffs. "When we look at the opportunities that we have to get into, say, the midsize truck segment ... we have a natural space there with the Ram brand." He followed up, indicating plans are moving forward to build the truck in America. "I'm sure we will industrialize (the midsize truck) in the United States," Ostermann said. "Our intent, you know, going forward, and always, for the most part, has been to produce where we sell." The new CEO, Filosa, officially assumes control of the company on June 23, when he will be tasked with maintaining his record of improving things for the struggling automaker. Liam Rappleye covers Stellantis and the UAW for the Detroit Free Press. Contact Liam Rappleye: LRappleye@ This article originally appeared on Detroit Free Press: Stellantis CFO says tariffs will bring more focus from company to U.S. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
