Larry P. Vellequette

Suzuki Motor appoints scion as CEO to rebuild after testing scandal

Suzuki Motor Corp. tapped the son of the company patriarch to become CEO, keeping management of Japan's fourth-largest automaker with the founding family as it tries to recover from a testing scandal.

Porsche CEO expects boost from new Panamera

Porsche expects the new Panamera to give a boost to the weakest performing model line in its portfolio. CEO Oliver Blume told Automotive News Europe he hopes to sell about 20,000 or more Panameras a year globally, up from 17,200 last year.

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