Executive AN

GM seeks banks' advice on dealing with activist investor group

12:13 pm U.S. ET | Feb. 12, 2015

General Motors has turned to two investment banks to help it come up with a response to a shareholder group demanding $8 billion in stock buybacks and a seat on the board of the automaker, the company told Reuters.... Read More »

Honda CEO Ito resists moves for his ouster, report says

6:37 pm U.S. ET | Feb. 11, 2015

Honda CEO Takanobu Ito, under fire for how he is dismantling the traditional way the Japanese car maker sources parts and technologies, has resisted moves for his ouster and will fight on for another two-year term, four people with direct knowledge of the matter told Reuters.... Read More »

AutoNation promotes 2 executives

2:53 pm U.S. ET | Feb. 9, 2015

AutoNation is expanding roles for two executives and increasing the number of executives who report directly to CEO Mike Jackson.... Read More »

New Ally CEO outlines plans to increase nonprime loans

12:19 pm U.S. ET | Feb. 5, 2015

Jeff Brown, newly promoted to CEO of Ally Financial, got more specific about Ally's plans to increase its mix of below-prime loans.... Read More »

GM recalls said to trim executive bonuses while sparing UAW

9:52 am U.S. ET | Feb. 5, 2015

The cost of General Motors' massive ignition-switch recall will cut into executives’ bonuses for last year, even as UAW members’ profit-sharing payments exclude those billions, said two people familiar with the matter.... Read More »

Former GM exec Murtaugh hired as CEO of Chinese automaker Qoros

2:53 pm U.S. ET | Feb. 3, 2015

Qoros Automotive, the Shanghai-based joint venture between China's Chery Automobile and Israel Corporation, appointed former GM executive Phil Murtaugh to run the company after struggling to boost its sales.... Read More »

Denso names new CEO; 9-month operating income drops 12%

6:46 am U.S. ET | Feb. 3, 2015

Toyota-affiliated supplier Denso today named manufacturing specialist Koji Arima as its new president and CEO. Denso reported separately that operating income fell 12 percent in the April-December period... Read More »

Delphi names Gupta as new board chairman

2:06 pm U.S. ET | Feb. 2, 2015

Delphi Automotive today named Rajiv Gupta as its new board chairman, effective March 1, replacing the retiring John Krol.... Read More »

Nexteer eyes brand development with HQ move to suburban Detroit

9:47 am U.S. ET | Feb. 2, 2015

Chinese-owned auto supplier Nexteer Automotive, the former Delphi steering unit, is moving its headquarters to suburban Detroit as it seeks to grow its brand recognition.... Read More »

Bentley names industry veteran Winkler to head Americas unit

4:01 pm U.S. ET | Jan. 28, 2015

Bentley said it appointed Michael Winkler as president and CEO of Bentley Motors in the Americas, replacing Christophe Georges, who will become director of product and marketing for Bentley’s global organization.... Read More »

George Gibson, chief engineer of the Dodge Dart, dies at 92

9:17 am U.S. ET | Jan. 23, 2015

George Gibson Jr., a former chief engineer for Dodge, died Wednesday in Rochester, Minn. He was 92.... Read More »

Toyota breaks ground on N.A. headquarters in Texas

3:15 pm U.S. ET | Jan. 20, 2015

A Toyota Tundra bulldozed through soil today in Plano, Texas, breaking ground on the automaker's new North American headquarters. Toyota in April said it would relocate the headquarters to Plano from Torrance, Calif. The move will consolidate engineering, sales, marketing, finance and corporate staff.... Read More »

2015 AUTOMOTIVE NEWS WORLD CONGRESS

Mercedes-Benz seeks new communication ties to customers

11:31 am U.S. ET | Jan. 14, 2015

Mercedes-Benz is on a mission to expand its footprint in the digital world, improve its customer service and maintain its ionic status, Ola Kaellenius, the executive charged with the brand's marketing and sales, said today at the 2015 Automotive News World Congress.... Read More »

Dana CEO Wood to retire in 2016

10:54 am U.S. ET | Jan. 13, 2015

Roger Wood, CEO of powertrain component supplier Dana, will retire in April 2016, the company said today.... Read More »

Honda supercar father Ito misses rebirth as recalls sully NSX debut

12:01 am U.S. ET | Jan. 10, 2015

Honda President Takanobu Ito will be a notable no-show in Detroit next week when he sends company deputies to unveil a new version of the high-end supercar that helped catapult him into the top job.... Read More »

J. Stuart Perkins, former VW of America executive, dead at 86

4:12 pm U.S. ET | Jan. 8, 2015

J. Stuart Perkins, who steered Volkswagen to a US sales record that has held for 45 years, will be remembered at a memorial service in Florida on Saturday. Perkins died in Sarasota on Dec. 25. He was 86.... Read More »

KAR Auction names Peter Kelly president of new digital group

1:53 pm U.S. ET | Jan. 8, 2015

KAR Auction Services, parent of ADESA, has named Peter Kelly president of its new Digital Services Group, effective immediately. Kelly, 46, co-founded Openlane in 1999 and has been KAR’s chief technology officer since 2013.... Read More »

Tenneco names JCI executive Kesseler as new COO

3:05 pm U.S. ET | Jan. 7, 2015

Tenneco named longtime Johnson Controls executive Brian Kesseler as its COO, effective Monday. Kesseler, 48, who has been president of Johnson Controls Power Solutions, replaces Hari Nair, who is retiring.... Read More »

Ford names Mark LaNeve head of U.S. marketing, sales and service

10:18 am U.S. ET | Jan. 7, 2015

Ford today said Mark LaNeve, a former top sales executive at General Motors, will take over as its new head of US sales, marketing and service as of Feb. 1. LaNeve, 55, replaces John Felice, who was the company's US sales chief for only 15 months. Ford said Felice, 53, “has elected to retire” after a 30-year career at the automaker.... Read More »

Visteon names two new board members

11:57 am U.S. ET | Jan. 7, 2015

Visteon named two new members to its board amid a flurry of merger and acquisition activity at the supplier in recent months.... Read More »

Former Toyoda Gosei executive agrees to U.S. prison time, fine for price-fixing role

3:43 pm U.S. ET | Jan. 6, 2015

A former executive with Japan-based supplier Toyoda Gosei has agreed to plead guilty to a conspiracy charge and serve just over a year in prison for his role in fixing the price of automotive hoses sold to Toyota.... Read More »

Hyundai, Kia promote younger execs, with eye on succession planning

7:57 am U.S. ET | Dec. 26, 2014

Hyundai Motor and affiliate Kia Motors promoted younger executives in moves analysts said would help smooth an eventual leadership succession at the family-owned conglomerate.... Read More »

Takata CEO takes out newspaper ads in reaction to airbag crisis

6:57 am U.S. ET | Dec. 18, 2014

Takata, the embattled airbag maker, stepped up its response to a global auto-safety crisis by distributing an open letter from its CEO in U.S. and German newspapers.... Read More »

The road ahead for NHTSA's new chief

10:30 pm U.S. ET | Dec. 16, 2014

Mark Rosekind, confirmed to head the National Highway Traffic Safety Administration, faces immediate pressure to take a tougher stance with automakers and suppliers on safety matters, reset the agency's culture and manage the coming wave of autonomous-vehicle and other advanced technologies.... Read More »

Michigan dealer Bill Snethkamp dies at 65

2:03 pm U.S. ET | Dec. 16, 2014

Third-generation Chrysler dealer Bill Snethkamp, president of Bill Snethkamp's Chrysler-Dodge-Jeep-Ram in Michigan, died Friday. He was 65.... Read More »

 
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A dealership of tomorrow built on yesterday's values

A return policy inspired by Walmart. A talk-to-every (nearby) customer mandate. A no-cursing culture. These are just some of the hallmarks of Jenkins & Wynne Ford Lincoln Honda. Mon., March 23
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