Executive AN

HANS GREIMEL

How Infiniti will move ahead without de Nysschen

6:55 am U.S. ET | July 11, 2014
Johan de Nysschen's unexpected departure from the helm of Infiniti to Cadillac comes at a delicate time for Nissan's luxury brand, just as things were falling into place. But that is exactly why the brand's leadership need not worry.... Read More »

 

GM hires de Nysschen to replace Ferguson as Cadillac chief

8:16 am U.S. ET | July 11, 2014
General Motors is hiring Johan de Nysschen, the former Audi executive who is leaving Nissan's Infiniti, to lead global Cadillac sales, GM said today. De Nysschen, 54, will fill the post vacated Thursday by Bob Ferguson, who's returning to his previous position as the automaker's top government lobbyist, effective immediately.... Read More »

 

Superior investor touts board slate in proxy fight

4:12 pm U.S. ET | July 9, 2014
GAMCO Asset Management, the largest institutional shareholder of aluminum wheel supplier Superior Industries, today unveiled its slate of board nominees it wants shareholders to elect at Superior's annual meeting next month.... Read More »

 

Bill Ford predicts 'radical transformation' of auto industry

1:16 pm U.S. ET | July 8, 2014
Ford Executive Chairman Bill Ford sees a bright -- albeit remodeled -- future for the automotive industry, according to an op-ed story he authored in The Wall Street Journal.... Read More »

 

Infiniti hires Porsche official as first corporate communications director

2:49 pm U.S. ET | July 3, 2014
Infiniti Americas said it hired Nick Twork as director of corporate communications, a newly created position at the company, effective July 21. Twork, 34, comes to Infiniti from Porsche Cars North America, where he was the manager of product communications.... Read More »

 

Ford's Fields starts new job with 9% raise in annual salary

10:14 am U.S. ET | July 2, 2014
Ford said its new CEO, Mark Fields, will receive a 9 percent increase in his base salary, as well as stock options and a performance-based bonus. Ford said in documents filed today with U.S. regulators that Fields' base salary will be $1.75 million this year, up from $1.6 million last year when he was COO. Fields, 53, took the CEO reins from Alan Mulally on Tuesday.... Read More »

 

Henry Nolte Jr., former chief counsel to 3 Ford CEOs, dies at 90

2:50 pm U.S. ET | July 2, 2014
Henry Nolte, the chief in-house legal counsel to three Ford CEOs from 1974 to 1989, died Monday in suburban Detroit. He was 90. Nolte was a central figure in some of the most famous episodes in Ford history, including the firing of company President Lee Iacocca in 1978 and the controversy and legal cases surrounding the Ford Pinto in the 1970s and early 1980s.... Read More »

 

Subaru names Jeff Walters to replace retiring U.S. sales head Cyphers

9:00 am U.S. ET | July 2, 2014
Bill Cyphers, a 30-year veteran of Subaru of America and one of the key executives who helped the brand's sales skyrocket, is retiring as its senior vice president of sales. The company appointed Jeffrey Walters to the position, effective July 1.... Read More »

 

THE GM RECALL

GM's current product chief was part of '05 ignition-flaw debate

6:46 am U.S. ET | June 27, 2014
A top product-development executive still working at General Motors was involved in deliberations about a deadly ignition flaw kept from the public, newly released documents indicate.... Read More »

 

Former supplier CEO wins U.S. House seat in Florida

2:50 pm U.S. ET | June 26, 2014
The former CEO of wheel supplier Hayes Lemmerz is headed to Congress to replace a Florida representative who resigned in January after being busted for possession of cocaine. Republican Curtis Clawson won a special election Tuesday in Florida's 19th District, which includes Naples and Fort Meyers, by garnering 67 percent of the vote.... Read More »

 

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 »

 

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Defying Dad, by building on his legacy

Defying Dad, by building on his legacy

At Courtesy Auto Group in Illinois, second-generation dealers Ray and Rik Fregia have seen a 30 percent boost in sales this year, thanks largely to million-dollar overhauls at their three stores. Mon., September 15
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