Dan Ammann

GM recalls have had no 'measurable impact' on sales, Ammann says

1:03 pm U.S. ET | April 20, 2014
Citing his company's 4 percent sales gain in March and a "decent start" for sales in April, General Motors President Dan Ammann said the company's ignition switch recall has had no "measurable impact" on sales.... Read More »

 

First Mulally, then Fields, then . . . ?

12:01 am U.S. ET | April 14, 2014
To encourage donations, United Way of Southeastern Michigan has put up billboards in the Detroit area that show children portraying local heroes.... Read More »

 

Opel will build Buicks in Germany for U.S.

March 28, 2014 12:37 CET
Opel said it will build a Buick model for the United States at a plant in Germany. It said production would begin in the second half of the decade without naming the model. Opel also said it will stop exporting vehicles to China.... Read More »

 

Barra overseeing GM's handling of ignition switch recall

9:16 am U.S. ET | March 4, 2014
General Motors CEO Mary Barra is taking charge of a team of senior executives assembled to coordinate the company's response to a recall of 1.6 million discontinued vehicles. Barra, in an e-mail to GM employees today, said the team would monitor the company's progress on addressing the recall and adjust its course of action as necessary.... Read More »

 

GM sticks to plan for all-new model at Opel's Ruesselsheim plant

Jan. 27, 2014 13:22 CET
GM is sticking to plans for its Opel unit to build an all-new vehicle at the brand's main plant in Germany as part of an effort to restore earnings in Europe, CEO Mary Barra said.... Read More »

 

Barra: GM to stay on course set by Akerson

Jan. 23, 2014 18:04 CET
GM CEO Mary Barra plans "no right or left turns" from the path laid out by her predecessor, and expects to accelerate the company's turnaround in part through better integration of its regional operations around the globe.... Read More »

 

Barra: GM to stay on course set by Akerson

12:04 pm U.S. ET | Jan. 23, 2014
GM CEO Mary Barra said today that she plans "no right or left turns" from the path laid out by her predecessor, and expects to accelerate the company's turnaround in part through better integration of its regional operations around the globe.... Read More »

 

Barra's compensation to total up to $4.4 million in 2014, GM says

4:02 pm U.S. ET | Jan. 17, 2014
Mary Barra, General Motors' new chief executive, will be paid up to $4.4 million in cash and stock compensation this year, GM disclosed in a federal filing on Friday. The pay package for Barra does not include what she and other executives will receive under the company's long-term compensation plan, which is subject to shareholder approval in June. GM will disclose details of that plan in April.... Read More »

 

2014 AUTOMOTIVE NEWS WORLD CONGRESS

GM's Ammann upbeat on Opel, product portfolio and transaction prices

3:00 pm U.S. ET | Jan. 15, 2014
General Motors' European Opel unit is in "the best shape it's been in a very long time" and gained market share for the first time in 14 years in 2013, GM President Dan Ammann said today.... Read More »

 

GM expects 'modest' gain in U.S. retail market share in 2014

7:51 am U.S. ET | Jan. 15, 2014
General Motors expects to gain "modest" market share at the retail level in the United States this year while continuing to command strong prices, the company said today as its new executive management team took charge.... Read More »

 

The unchosen few

12:01 am U.S. ET | Dec. 16, 2013
It didn't take long for the horse race whispers to start after the Sept. 1, 2010, arrival of GM CEO Dan Akerson. He was 61 and, by his own admission, was appointed as a "transition CEO." Mary Barra, then human resources chief, vaulted into the conversation in January 2011, when Akerson put her in charge of product development. She emerged as a serious contender amid a transformation of GM's lineup, culminating in her appointment last week as the next CEO.... Read More »

 

THE BARRA ERA

GM's grueling comeback sets the stage for new CEO to think big

12:01 am U.S. ET | Dec. 14, 2013
In a 24-hour span this week, GM slammed the lid on a five-year chapter that will forever be defined by bankruptcy, bailout and caretaker management. Now Mary Barra, the first woman to lead a global automaker, inherits a company untethered from government ownership, with a rock-solid balance sheet, a clearer European strategy and a vehicle-development enterprise that's cranking out plenty of hits.... Read More »

 

Next GM president Ammann aims to prove he is not just a 'bean counter'

Dec. 11, 2013 13:18 CET
Dan Ammann, GM's incoming president, has gone to great lengths to prove that while he is the U.S. automaker's chief financial officer, he is not just a "bean counter."... Read More »

 

GM CFO Ammann is World Congress speaker

12:01 am U.S. ET | Oct. 28, 2013
General Motors CFO Dan Ammann, who as a young outside banker advised GM during its spiral into bankruptcy and subsequent restructuring in 2009 and then joined the company to help lead its 2010 initial public offering, will speak at the Automotive News World Congress in January.... Read More »

 

GM says mid-sized Chevrolet pickup to keep Colorado name in U.S.

10:01 am U.S. ET | Aug. 8, 2013
GM said its mid-sized pickups will keep the Chevrolet Colorado and GMC Canyon names when redesigned models reach showrooms next year, after the automaker considered a change.... Read More »

 

GM goes dark on output stats, causes stir

12:01 am U.S. ET | June 17, 2013
General Motors' decision to stop publicly disclosing monthly production numbers has touched off concern among industry analysts and economists, as well as suppliers that rely on the data for their production plans.... Read More »

 

CFO says GM streamlining is 'on its way'

12:01 am U.S. ET | May 20, 2013
As a banking adviser to General Motors when he was at Morgan Stanley, Dan Ammann got an upfront view of GM's spiral into bankruptcy in 2009 and subsequent restructuring. Now, more than two years into his job as CFO, Ammann acknowledges that he had only a faint idea at the time of how complex GM is.... Read More »

 

GM CFO: Cadillac won't chase 'volume at all costs'

5:45 pm U.S. ET | May 13, 2013
General Motors CFO Dan Ammann says Cadillac will steer clear of what he sees as a "volume-at-all-costs mentality" among competitors battling for the luxury sales crown.... Read More »

 

GM makes progress on Europe turnaround

May 3, 2013 10:40 CET
GM is making progress in restructuring its money-losing Opel/Vauxhall unit in Europe, but the automaker has a long way to go, analysts say. GM's first-quarter pretax loss in Europe narrowed while rival Ford's loss widened sharply.... Read More »

 

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