Executive AN

Denso makes changes in North American executive management

4:00 pm U.S. ET | June 19, 2014
Toyota-affiliated supplier Denso said Sadahiro “Sam” Usui is the new chairman and CEO of its North American unit based in suburban Detroit. Usui replaces Hikaru "Howard" Sugi in the position. Sugi is retiring after heading Denso International America for the past three years.... Read More »

 

Lithia agrees to buy DCH to create coast-to-coast retail giant

11:37 am U.S. ET | June 15, 2014
Lithia Motors agreed to buy New Jersey-based DCH Auto Group in a combination that would create the fifth-largest auto retailer in the United States with 128 stores. Lithia, in a statement on Sunday, said it would pay about $340 million in cash and another $22.5 million in stock. The transaction is expected to close in the fourth quarter.... Read More »

 

Chrysler names 6 new board members, including Bigland, Manley

1:58 pm U.S. ET | June 13, 2014
Chrysler Group has appointed six new directors to its board, effective June 10, adding five more board seats, the company said today.... Read More »

 

VW names Vazin successor to Cervone as U.S. communications chief

2:06 pm U.S. ET | June 10, 2014
Volkswagen Group of America said today that it promoted Scott Vazin to executive vice president of group communications, effective on June 1.... Read More »

 

Lawyers scan GM report for details to bolster negligence suits

8:05 am U.S. ET | June 7, 2014
Plaintiffs' lawyers began scouring GM's report on its handling of faulty ignition switches that have been tied to 13 deaths and say they are finding details that could bolster their negligence cases.... Read More »

 

Mulally gave turnaround advice to Sears' Lampert, report says

3:11 pm U.S. ET | June 6, 2014
Eddie Lampert, the controlling shareholder at Sears and a major shareholder in AutoNation, met with Ford CEO Alan Mulally earlier this year to seek advice on how to turn around the ailing Sears chain, two sources told Reuters.... Read More »

 

Number of known GM dismissals reaches 8 out of 15

11:12 am U.S. ET | June 6, 2014
More names of ousted General Motors executives have begun to emerge -- eight of them so far, including at least one vice president and two directors -- for their roles in the still-unfolding drama over deadly ignition switches in older GM cars, according to people familiar with the matter.... Read More »

 

Angry Barra tells troops: Never forget what happened

12:17 pm U.S. ET | June 5, 2014
GM CEO Mary Barra today gave the most forceful and forthright speech of her short tenure, telling thousands of employees that she was "saddened and disturbed" reading the internal report detailing the company's deadly ignition switch defect while vowing to never let the company forget the lessons learned.... Read More »

 

Overhaul ordered for GM's legal department

2:46 pm U.S. ET | June 5, 2014
General Motors says its top attorney has survived today's wave of firings, but outside investigator Anton Valukas is calling for a sweeping overhaul of GM's legal department based on its handling of the ignition switch crisis.... Read More »

 

New UAW chief vows to keep pressure on transplants

4:30 pm U.S. ET | June 5, 2014
New UAW President Dennis Williams said today that the union will intensify efforts to organize transplants, with Secretary-Treasurer Gary Casteel stationed in Tennessee to coordinate the drives.... Read More »

 

Senior lawyer Bill Kemp ousted by GM following Valukas review, report says

12:51 pm U.S. ET | June 5, 2014
GM ousted Bill Kemp, a senior lawyer who was responsible for safety issues within its legal department, as the automaker reforms the operations that failed to address defective parts linked to 13 deaths, a person familiar with the matter told Bloomberg.... Read More »

 

UAW primed for struggles ahead, Williams says

2:13 pm U.S. ET | June 5, 2014
New UAW President Dennis Williams signaled in his inaugural speech that the union's priorities will be the 2015 contract talks with the Detroit 3 and national elections this year and in and 2016.... Read More »

 

Dennis Williams elected UAW president as King retires

2:15 pm U.S. ET | June 4, 2014
Dennis Williams was elected president of the UAW today at its 36th Constitutional Convention. Williams, 61, takes the helm of the United States auto workers union for four years, replacing Bob King, 67, who officially retired at the convention. Williams and his slate of vice presidents were elected overwhelmingly by the 1,100 delegates here.... Read More »

 

King seeks unity as UAW tries to organize transplants, preps for Detroit 3 talks

9:40 am U.S. ET | June 2, 2014
UAW President Bob King, who retires this week, wants to build unity at the union as it continues efforts to organize transplants in the South and prepares for collective bargaining with the Detroit 3 next year.... Read More »

 

Tesla's Musk says Space Taxi could ferry astronauts by 2016

8:47 am U.S. ET | May 30, 2014
Space Exploration Technologies, the private rocket maker controlled by Tesla Motors CEO Elon Musk, said its reusable Space Taxi capsule will be ready to take astronauts to the International Space Station within two years.... Read More »

 

THE GM RECALL

Akerson, Solso deny knowing of GM ignition switch defect

1:45 pm U.S. ET | May 30, 2014
General Motors Chairman Tim Solso and former CEO Dan Akerson said neither they nor current CEO Mary Barra knew about GM's defective ignition switches that have been linked to 13 deaths.... Read More »

 

Barra says recall crisis stemmed from GM's communication breakdowns

11:51 am U.S. ET | May 29, 2014
General Motors CEO Mary Barra said in an interview published today that she didn't know when GM's ignition switch defect surfaced because the company is so vast and communication between GM's 219,000 employees -- 326,000 at the time the problem emerged -- broke down.... Read More »

 

TRW names head of global communications

2:16 pm U.S. ET | May 19, 2014
Automotive safety technology supplier TRW Automotive today named Colleen Hanley director of global communications.... Read More »

 

VW's Tony Cervone to rejoin GM as head of global communications

10:19 am U.S. ET | May 19, 2014
General Motors, in the thick of a recall crisis that prompted a $35 million fine from the federal government last week, said today that it rehired public-relations executive Tony Cervone, who served as one of GM's top spokesmen as the company veered toward bankruptcy. Cervone, 51, was named senior vice president, global communications, succeeding Selim Bingol, who left GM in April.... Read More »

 

Superior awards new CEO Stebbins $2.6M in stock incentives

12:32 pm U.S. ET | May 13, 2014
Donald Stebbins, the former Visteon CEO who is taking the helm of wheel-maker Superior Industries International, is getting a compensation package that includes 132,455 restricted shares of common stock -- currently valued at about $2.6 million -- along with a base salary of $900,000 and other perks, according to company documents filed last week.... Read More »

 

BMW names motorcycle exec Blesse as CEO of Canada unit

2:46 pm U.S. ET | May 13, 2014
Hans Blesse, vice president of BMW Motorrad USA, will replace BMW Group Canada CEO Eduardo Villaverde, beginning the transition immediately and taking the title June 1, the company said today.... Read More »

 

GM reassigns executive who dealt with ignition switch probe

11:55 am U.S. ET | May 12, 2014
General Motors has reassigned an executive who dealt with federal safety regulators probing defective ignition switches linked to at least 13 deaths, as part of a restructuring meant to improve vehicle safety, the automaker said today.... Read More »

 

Nissan's marketing chief Brancheau departs

12:00 pm U.S. ET | May 9, 2014
Jon Brancheau, Nissan's North American marketing chief who helped the brand sharpen its image with consumers over the past four years, is leaving the company. Both Brancheau and Nissan officials today said the move was voluntary.... Read More »

 

Mulally says 'no regrets' as Ford shareholders cheer him

12:02 pm U.S. ET | May 8, 2014
Ford CEO Alan Mulally, presiding over his final annual meeting, said today he has “no regrets” about his eight years leading the automaker's turnaround and gave a vote of confidence to his successor.... Read More »

 

GM asks Texas court to bar depositions of executives

2:11 pm U.S. ET | May 8, 2014
General Motors, which is fighting about 60 customer lawsuits over demands for money for faulty cars, asked a federal court in Texas not to allow a group of customers to gather information from the company on its handling of ignition switch defects, according to a filing.... Read More »

 

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