Executive AN

Barra lands on Time cover and back in the spotlight

1:34 pm U.S. ET | Sept. 25, 2014
After months of blistering criticism, lampoons and scrutiny of General Motors, CEO Mary Barra is venturing back into the media spotlight after an initial rush of positive publicity early this year when she became the first female CEO of a major automaker. Barra made appearances in New York this week, and today she is the subject of Time magazine's cover story.... Read More »

 

Top Chinese official accused of taking bribes from Toyota JV

11:06 am U.S. ET | Sept. 24, 2014
A senior official with China's economic planning ministry and his son took bribes from a Guangzhou carmaker, including kickbacks for helping approve the opening of a Toyota dealership, a Chinese prosecutor said today.... Read More »

 

GABE NELSON

Hyundai's hubris -- $10B land deal backfires

4:08 pm U.S. ET | Sept. 22, 2014
Chung Mong-Koo sought to imbue Hyundai with Gangnam style. Instead, Hyundai Motor Group's $10 billion bid for a nearly 20-acre plot in Seoul's prestigious Gangnam district backfired on the company that Chung has elevated into a global powerhouse.... Read More »

 

Cadillac names European exec Jim Bunnell as U.S. sales chief

2:31 pm U.S. ET | Sept. 22, 2014
Cadillac named Jim Bunnell as its new sales chief in the United States today as the brand looks to improve sluggish volume and implement a fresh approach under new global boss Johan de Nysschen. Bunnell, 59, who joined General Motors in 1979 and spent most of his career in sales and product planning roles at Pontiac and GMC, becomes the fourth head of Cadillac sales in a little more than two years.... Read More »

 

Hyundai directors kept in dark on size of $10 billion land bid, report says

10:56 am U.S. ET | Sept. 22, 2014
Hyundai Motor and two affiliates did not seek board clearance for the size of their record $10 billion bid for a plot of land in Seoul, more than triple its appraised value, four board members of the companies told Reuters.... Read More »

 

Hyundai Motor's record $10 billion bid for trophy property alarms investors

11:33 am U.S. ET | Sept. 18, 2014
Hyundai Motor Group will pay a record $10 billion for the site of its new headquarters in Seoul's high-end Gangnam district, out-bidding Samsung Electronics and sparking investor concerns that it is wasting cash on a trophy property.... Read More »

 

Hertz reaches pact with Icahn to replace 3 directors

4:44 pm U.S. ET | Sept. 11, 2014
Hertz Global Holdings reached an agreement in principle with billionaire investor Carl Icahn to appoint three directors to the board of the rental-car company in place of current members.... Read More »

 

Tesla's Musk named Vanity Fair's top 'disrupter'

3:57 pm U.S. ET | Sept. 11, 2014
Tesla Motors CEO Elon Musk can add another accomplishment to his resume today: Vanity Fair has named him the top disrupter in its New Establishment list of influential players in technology, entertainment, finance and politics.... Read More »

 

Nissan taps BMW's Krueger to head Infiniti

9:30 pm U.S. ET | Sept. 9, 2014
Nissan has poached BMW veteran Roland Krueger to head its leaderless Infiniti luxury unit, lending a touch of German flair to a brand struggling to break out of the second tier. Krueger, 48, steps into a brand twice stung by recent defections, first by brand President Johan de Nysschen's departure in July, then by the exit of its chairman, Andy Palmer, last week.... Read More »

 

Delphi CEO O'Neal to retire in March; CFO Clark to succeed him

10:15 am U.S. ET | Sept. 9, 2014
Delphi Automotive said CEO Rodney O'Neal will retire in March and be succeeded by CFO Kevin Clark. O'Neal, 61, will remain with Delphi as an adviser until the end of 2015, the former General Motors parts unit said in a statement today. Clark, 52, becomes COO on Oct. 1 before taking the top job March 1.... Read More »

 

JAMES B. TREECE

How Jim Harbour and David Power improved the U.S. auto industry

6:39 am U.S. ET | Sept. 9, 2014
Jim Harbour, who died Saturday at age 86, was one of two men who dramatically improved the American auto industry at a time when Detroit was deeply in denial about how far short of world class it was.... Read More »

 

Bill Ford touts automakers working with small tech startups

10:54 am U.S. ET | Sept. 8, 2014
As the world evolves toward a radically altered transportation network with autonomous cars, ride-sharing services and electrified vehicles, traditional automakers need to work with small startup companies that provide new technologies, Ford Executive Chairman Bill Ford said.... Read More »

 

Hertz CEO Frissora steps down amid shareholder pressure

9:17 am U.S. ET | Sept. 8, 2014
Hertz CEO Mark Frissora, who took the helm of the rental car giant after a successful stint as head of auto supplier Tenneco, stepped down today after investors pushed for his removal, citing accounting and operational missteps.... Read More »

 

James Harbour, a pioneer in manufacturing efficiency, dies at 86

4:16 pm U.S. ET | Sept. 7, 2014
Automotive industry veteran James Harbour, who developed unprecedented ways to analyze and improve manufacturing productivity, died Saturday at the age of 86.... Read More »

 

VinSolutions promotes 2 managers after exec departs

2:39 pm U.S. ET | Sept. 2, 2014
Dealership software supplier VinSolutions has promoted two of its top managers, effective immediately, upon the departure of executive Brian Skutta, the company said today.... Read More »

 

DOUGLAS A. BOLDUC

Tough times for Carlos Ghosn

4:49 am U.S. ET | Sept. 2, 2014
Renault-Nissan CEO Carlos Ghosn has had three highly skilled leaders leave the alliance since last August. Nissan Chief Planning Officer Andy Palmer is the latest top-ranked executive to depart.... Read More »

 

Suppliers unveil the future at world car-tech conference

9:00 am U.S. ET | Aug. 30, 2014
The upcoming ITS World Congress 2014 in Detroit will highlight the global transportation industry's future of connectivity, safety and automation. The Sept. 7-11 event, which is in Detroit for the first time, is a big step for suppliers, local and global, to introduce the technology that's making up more of their bottom lines.... Read More »

 

Barra's career path shows how a woman becomes CEO, but can more follow?

7:26 am U.S. ET | Aug. 22, 2014
Mary Barra made corporate history seven months ago when she became the first female CEO of a major global carmaker. Yet for all the gains made by women in the highest levels of major corporations, most are still in the wrong jobs if they want to follow Barra's career path.... Read More »

 

Cadillac considers moving some staff functions to Manhattan

1:39 pm U.S. ET | Aug. 21, 2014
Cadillac is considering adding or shifting some staff functions from Detroit to Manhattan, GM said today, as part of an effort to remake the brand's image and broaden its appeal outside North America under new boss Johan de Nysschen.... Read More »

 

Supplier Dayco names John Bohenick CEO

11:23 am U.S. ET | Aug. 20, 2014
Automotive belt and pulley supplier Dayco Products today named John Bohenick as its new CEO. Bohenick will replace James Orchard in the position.... Read More »

 

Continental lures Google self-driving exec in Silicon Valley push

1:22 pm U.S. ET | Aug. 18, 2014
German supplier Continental AG is growing its Silicon Valley presence to help car companies roll out autonomous driving and other “intelligent” features over the coming years -- and it has hired one of Google's self-driving car executives to lead the effort.... Read More »

 

Chrysler names Bigland to lead Alfa Romeo brand in N.A.

9:24 am U.S. ET | Aug. 18, 2014
Chrysler Group, rolling out sales of the Alfa Romeo 4C sports car in the United States, has picked Reid Bigland to lead the Italian sports car brand's return to North America. Bigland, 47, one of the rising stars at Fiat Chrysler Automobiles, had been head of the company's fast-growing Ram brand. Robert Hegbloom, 50, director of Ram, will take over for Bigland, Chrysler said today in a statement.... Read More »

 

Former GM veteran, Fisker boss Posawatz to join INRIX board

4:12 pm U.S. ET | Aug. 14, 2014
Tony Posawatz, the former vehicle line director for the Chevrolet Volt who also briefly headed Fisker Automotive, has joined the board of directors for telematics company INRIX.... Read More »

 

Chrysler purchasing chief Kunselman to lead new safety office

9:33 am U.S. ET | Aug. 12, 2014
Chrysler tapped its head of purchasing, Scott Kunselman, to lead a new office that will oversee safety issues and regulatory compliance as scrutiny over the industry's safety record grows. Tom Finelli, 44, Chrysler's current director for global standardization, will assume responsibility for North American purchasing and supplier quality, effective immediately, Chrysler said today.... Read More »

 

Dana CEO says purchasers are collaborating with suppliers earlier

9:53 am U.S. ET | Aug. 6, 2014
Like other Tier 1 suppliers, Dana, a major supplier of axles and driveshafts, has been working to strip weight out of its products, says CEO Roger Wood. Meanwhile, he says automakers are working earlier with suppliers on product development.... Read More »

 

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