Executive AN

LARRY P. VELLEQUETTE

BLOG: Why it's hard to tally Sergio's pay

10:27 am U.S. ET | March 10, 2015

Fiat Chrysler CEO Sergio Marchionne's compensation package is wildly confusing given the structure and how it is reported. There's the conversion of euros to dollars to consider, the value of stock options and other variables. So what's the real number?... Read More »

Former UAW VP General Holiefield dies at 61

2:34 pm U.S. ET | March 10, 2015

Former UAW Vice President General Holiefield, who led the union's Chrysler unit during the automaker's bankruptcy restructuring, died in Detroit on Monday. He was 61. Holiefield was diagnosed with pancreatic cancer last year.... Read More »

MIKE COLIAS

BLOG: Barra's management style signaled in Wilson negotiations

4:03 pm U.S. ET | March 9, 2015

General Motors' swift, tidy resolution of Harry Wilson's advance on its board and balance sheet has GM CEO Mary Barra's fingerprints all over it. By that, I mean it was handled efficiently and inclusively, without raising the temperature or decibel level in the room, by all accounts.... Read More »

Marchionne's pay package valued at $34 million for 2014, including special bonus

12:38 pm U.S. ET | March 6, 2015

Fiat Chrysler Automobiles CEO Sergio Marchionne earned a pay package currently valued at 31.3 million euros ($34 million) last year, including a bonus for cementing a deal that created the world's seventh-largest carmaker, a regulatory filing showed.... Read More »

GM hires new media-strategy director

12:33 pm U.S. ET | March 5, 2015

General Motors has hired Jonathan Halvorson as director of global media strategy and branded entertainment. The appointment is effective April 1.... Read More »

Auto safety advocate's work on airbags goes back to 1996

1:51 pm U.S. ET | Feb. 27, 2015

David Kelly, the former acting chief of the National Highway Traffic Safety Administration, was hired this week to oversee the 10-automaker consortium searching for the root cause behind Takata airbag explosions. But this isn't the first time that Kelly has had to deal with airbags endangering lives they're designed to save.... Read More »

Group 1 names banker Doyle Arnold to its board

12:51 pm U.S. ET | Feb. 27, 2015

Group 1 Automotive has named a new director to its board seven days after another director resigned. The retailer said today its board of directors appointed Doyle Arnold, 66, as a Class I Director, effective immediately.... Read More »

JAMIE LaREAU

BLOG: The dream Mr. K offered in the Nissan 300ZX is alive and well

3:44 pm U.S. ET | Feb. 26, 2015

“If I had a Z … ” That's the opening line to the car commercial that I most remember from my youth. It touted the Nissan 300ZX sports car.... Read More »

GM cuts capacity, jobs in Indonesia, where Japanese dominate

7:32 am U.S. ET | Feb. 26, 2015

General Motors is to stop making cars in Indonesia, a battleground for global automakers in emerging Southeast Asia, closing an assembly plant, axing some 500 jobs and shifting its branding focus to SUVs.... Read More »

Faurecia N.A. boss Heneka to retire March 1; Stidham named new president

3:12 pm U.S. ET | Feb. 24, 2015

Mike Heneka, who led an immense expansion effort in the US as president of Faurecia North America, will retire on March 1, the seating and emissions systems supplier said today.... Read More »

Honda CEO Ito to step down after quality lapses

1:40 am U.S. ET | Feb. 23, 2015

Honda President Takanobu Ito said he will step down and named Takahiro Hachigo, an r&d executive with wide international experience, as his replacement following a string of quality lapses that spurred a round of internal reforms.... Read More »

Mazda, DeLorean leader Dick Brown dies at 81

12:46 pm U.S. ET | Feb. 23, 2015

Dick Brown, who led Mazda Motor of America at its inception and helped form DeLorean Motor, died last month in La Quinta, Calif. He was 81.... Read More »

GM names new top lawyer as embattled Millikin retires

9:43 am U.S. ET | Feb. 19, 2015

General Motors has named Craig Glidden, the top attorney at a global plastics and chemicals refiner, to succeed departing chief counsel Michael Millikin. Glidden, 57, oversaw legal, communications, government-affairs and compliance functions at LyondellBasell Industries, a Dutch company with US headquarters in Houston. Before that, he was general counsel at Chevron Phillips Chemical Co.... Read More »

Chrysler brand head Gardner's duties will include dealer network

3:58 pm U.S. ET | Feb. 17, 2015

Fiat Chrysler Automobiles has appointed current Chrysler brand head Al Gardner to replace Peter Grady as vice president of its dealer network when Grady retires at the end of March, the automaker said today.... Read More »

Longtime Chrysler exec George Butts dies at 91

11:27 am U.S. ET | Feb. 17, 2015

Longtime Chrysler executive George Butts, who held positions in the product planning, stamping and quality divisions, died last week in Florida. He was 91.... Read More »

Ford hires analyst Casesa as VP of global strategy

11:15 am U.S. ET | Feb. 17, 2015

John Casesa, who created the closely watched “Car Wars” report that ranks the competitiveness of automakers' product lineups, will become Ford's head of global strategy, a new position.... Read More »

Black Book's Beggs to retire April 1

3:33 pm U.S. ET | Feb. 17, 2015

Ricky Beggs, senior vice president and editorial director for Black Book, will retire April 1, the company said today.... Read More »

Infiniti's Bartsch is out as Americas chief

11:55 am U.S. ET | Feb. 17, 2015

Michael Bartsch, a former Porsche executive hired in 2013 to lead Infiniti in the Americas, has left the company in the latest executive shakeup at Nissan's luxury brand. Bartsch has been replaced by Randy Parker, who has been vice president of Nissan's Western Region, Infiniti said in a statement today.... Read More »

Dealership pioneer Martin 'Hoot' McInerney dead at 86

10:11 pm U.S. ET | Feb. 16, 2015

Martin “Hoot” McInerney, a longtime Michigan car dealer and a pioneer in the dealership world, died Monday. He was 86.... Read More »

Barra, other top GM executives awarded shares as incentive pay

7:15 pm U.S. ET | Feb. 13, 2015

General Motors awarded its top executives with shares in the company as part of a long-term incentive plan, according to company filings with US regulators.... Read More »

NEWS ANALYSIS

GM faces investor demand for slice of $25 billion cash hoard

8:34 pm U.S. ET | Feb. 12, 2015

An investor group demand that General Motors give back more of its $25 billion cash hoard confronts CEO Mary Barra with a challenge to her plans for building the company and rewarding shareholders.... Read More »

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 »

Automotive News
Special Video Report
Nissan's Munoz on dealers: 'You grow or you go'

Nissan's Munoz on dealers: 'You grow or you go'

Nissan N.A. boss Jose Munoz continues to push U.S. dealers for a big jump in market share while deflecting complaints that his stair-step sales targets are too hard to achieve.
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