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.