Executive AN

PHILIP NUSSEL

A mixed message about GM's PR -- but why?

3:44 pm U.S. ET | April 15, 2014
If a company changes its head of public relations in the midst of a public relations crisis that stems from a recall crisis, does that not send a certain message? Yes, unless the company is General Motors.... Read More »

 

GM seeks new PR boss, replaces human resources chief

11:21 am U.S. ET | April 14, 2014
General Motors today said its public-relations chief is leaving and appointed a new head of human resources, with both moves effective immediately. A GM spokesman, Greg Martin, said the actions are not connected to the company's ongoing recall crisis, but rather a result of Mary Barra's appointment as CEO three months ago.... Read More »

 

Co-owner of Calif. luxury dealership pleads guilty in campaign finance case

3:34 pm U.S. ET | April 11, 2014
The co-owner of a California luxury-car dealership pleaded guilty in federal court to making illegal political campaign donations in the name of a foreign national, according to court documents.... Read More »

 

Longtime J.D. Power exec Tucker named CEO of DealerRater.com

9:00 am U.S. ET | April 8, 2014
Online car dealer review site DealerRater has named Gary Tucker as the company's first CEO, taking on the role split between founder Chip Grueter and Vice President Jamie Oldershaw since 2002.... Read More »

 

Magna says Stronach payouts end this year after $52 million in consulting fees in 2013

3:52 pm U.S. ET | April 7, 2014
Canadian auto supplier Magna International paid $52 million in consulting fees to billionaire founder Frank Stronach in 2013, but the company is stressing that his compensation will stop at the end of this year.... Read More »

 

Aisin Seiki names Toyota veteran Yoshiaki Kato as tech center president

3:20 pm U.S. ET | April 7, 2014
Japanese supplier Aisin Seiki today said Yoshiaki “Yoshi” Kato has become president of the Aisin Technical Center of America in Plymouth, Mich., near Detroit.... Read More »

 

THE GM RECALL

Barra's role as change agent collides with 33 years as daughter of GM

6:37 am U.S. ET | April 4, 2014
GM CEO Mary Barra presented herself as a change agent during congressional testimony this week. Senator Barbara Boxer wasn't buying. “I am very disappointed, really as a woman to woman, because the culture you're representing here today is the culture of the status quo,” said the California Democrat, who questioned Barra's ability to change a company that took a dozen years to address ignition switch flaws linked to 13 deaths.... Read More »

 

GM recall becomes case study in how bad news gets to the CEO

6:26 am U.S. ET | April 4, 2014
GM CEO Mary Barra faced incredulity from Washington lawmakers over a deadly flaw that by GM's account took more than a dozen years for the boss to hear about. Lawmakers asked Barra, head of the country's biggest automaker, why it took until 2014 for GM to recall some 2.6 million vehicles with a defective ignition switch linked to at least 13 deaths, when people inside the company had known about the flaw as early as 2001.... Read More »

 

Krafcik joins TrueCar board

4:17 pm U.S. ET | April 3, 2014
John Krafcik, former CEO of Hyundai Motor America, has joined the board of directors of TrueCar. Krafcik, 52, will be a director and a member of the board’s operating committee.... Read More »

 

Hyundai chief Chung Mung-koo earned $13 million last year

7:39 am U.S. ET | March 31, 2014
Hyundai Motor Chairman Chung Mong-koo earned a combined 14 billion Korean won ($13.09 million) in pay last year from the South Korean automaker and its two key affiliates in their first such disclosure under new rules.... Read More »

 

VW reassigns Chattanooga plant chief Fischer amid management shuffle

11:20 am U.S. ET | March 27, 2014
Frank Fischer, who has led Volkswagen AG’s operations in Chattanooga since the automaker announced its return to manufacturing in the United States in 2008, has been reassigned to lead an assembly plant in Germany, the company announced today.... Read More »

 

AutoNation CEO will get base salary raise in 2014

3:42 pm U.S. ET | March 24, 2014
AutoNation CEO Mike Jackson is getting a salary increase for the first time since 2002. Jackson will be paid a base salary of $1.25 million in 2014, AutoNation, the country’s largest dealership group, said in its proxy filing today. That’s a $100,000 gain over his salary for the previous 12 years.... Read More »

 

RICHARD TRUETT

GM's new head of powertrain 'loves' diesels

4:23 pm U.S. ET | March 20, 2014
"I love diesels.” There's one clue to how General Motors' new head of global powertrain, Steve Kiefer, might steer future engine development.... Read More »

 

Google co-founder would send his money to Tesla's Musk

3:38 pm U.S. ET | March 20, 2014
Google CEO and co-founder Larry Page says that when he dies he has a plan for where his billions should go -- not to charity, but to people like Tesla founder Elon Musk.... Read More »

 

Chrysler names ex-GM exec Lux as new transmission boss

2:47 pm U.S. ET | March 19, 2014
Chrysler Group has named a former General Motors executive as its new head of transmission powertrain. Jeffrey Lux, 50, former executive director of powertrain new-product launch for GM, replaces Mircea Gradu, who parted ways with Chrysler in January.... Read More »

 

GM's Barra says she'll likely testify before Congress; internal inquiry could last months

10:01 am U.S. ET | March 18, 2014
General Motors CEO Mary Barra said today that she's likely to testify personally before congressional committees looking into GM's handling of an ignition-switch problem that has been linked to 12 deaths, and said the company's own investigation could take a few months.... Read More »

 

Presidio founder to head automotive practice

12:20 pm U.S. ET | March 18, 2014
Presidio, a key player in the buying and selling of auto dealerships in the United States, last week named a new head of its automotive investment banking practice after the recent departure of the practice's former leaders.... Read More »

 

Former GM CEO Akerson returns to Carlyle as vice chairman

10:17 am U.S. ET | March 14, 2014
Carlyle Group named Dan Akerson, who stepped down as CEO of General Motors in January, to the role of vice chairman of the board of directors and special adviser. Akerson joined Carlyle March 1 in the private-equity firm’s Washington headquarters and will give operational, investment and management guidance to the investment teams, firm management and the board, Carlyle said today in a statement.... Read More »

 

Auto design scholarship to honor legacy of William Clay Ford Sr.

12:01 am U.S. ET | March 14, 2014
The Ford Motor Company Fund, the automaker's philanthropic arm, has set up a $1 million scholarship for automotive design students to honor the legacy of William Clay Ford Sr., who died Sunday at age 88.... Read More »

 

GM board to lose three members as UCLA's Telles says she will step down

5:10 pm U.S. ET | March 13, 2014
General Motors now expects to lose three of its outside board members this year. Cynthia Telles, who joined the GM board in April 2010, plans to step down after the company's annual shareholder meeting this summer, GM said today.... Read More »

 

Ally names Jeffrey Brown to replace Muir as CEO of dealer financial unit

5:01 pm U.S. ET | March 13, 2014
Ally Financial has appointed Jeffrey Brown as CEO of Ally Dealer Financial Services, succeeding the veteran Bill Muir, who will retire later this year.... Read More »

 

CFPB fills auto finance liaison job

4:04 pm U.S. ET | March 13, 2014
The Consumer Financial Protection Bureau has appointed attorney Jeffrey Langer to the role of liaison between the CFPB and the auto finance industry, succeeding Rick Hackett. Langer’s appointment, announced Wednesday, was effective immediately.... Read More »

 

Tesla hires Renault-Nissan chief spokesman Sproule in global push

1:55 pm U.S. ET | March 12, 2014
Tesla Motors, preparing to sell electric cars to China as it fights car dealers in the United States, is hiring a veteran of Carlos Ghosn's Renault-Nissan alliance to manage its marketing and message.... Read More »

 

William Clay Ford Sr. remembered for 57-year legacy at Ford Motor

12:01 am U.S. ET | March 10, 2014
William Clay Ford Sr., who took driving lessons at age 10 from his grandfather Henry Ford and once flew with legendary aviator Charles Lindbergh, is being remembered for helping steer Ford Motor Co. for more than 57 years. He died Sunday at age 88.... Read More »

 

Reactions to the death of William Clay Ford Sr.

10:55 am U.S. ET | March 10, 2014
Here is a compilation of reactions to the death of William Clay Ford Sr.:... Read More »

 

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How a Texas Toyota store solved used-car-supply challenge

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Mike Shaw Toyota in Corpus Christi, Texas, struggled to find good used cars. So it started providing free appraisals to service customers and offered to buy their vehicles on the spot. Mon., April 14
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