Daniel Akerson

GM says new data centers will improve vehicles, margins

1:35 pm U.S. ET | May 13, 2013
General Motors said it is investing $546 million in two new Michigan data centers in hopes it will free up millions of dollars to boost vehicle quality more quickly.... Read More »

 

Akerson sees GM profits streaming from in-vehicle connections

12:33 pm U.S. ET | May 13, 2013
One of the first things Dan Akerson did as CEO of General Motos in 2010 was dive into the automaker’s telecommunications business to get more profit from that in-car connection.... Read More »

 

GM to discuss labor woes with S. Korea president, union rep says

May 7, 2013 14:29 CET
GM will discuss labor woes in South Korea with the country's president, the automaker's CEO was quoted as saying by its Korean union, a move that could complicate already troubled relations with its work force in the country. GM makes most of the Chevrolet vehicles it sells in Europe in Korea.... Read More »

 

GM's connected car: Brought to you by Allstate?

12:01 am U.S. ET | May 4, 2013
An emerging generation of tech-savvy consumers has changed the way GM and its rivals approach in-car entertainment and navigation systems. If engineered and executed well, these systems can draw new buyers and allow automakers to tap new sources of revenue and boost profit margins.... Read More »

 

GM's Europe loss narrows; overall Q1 profit drops 14%

May 2, 2013 13:32 CET
GM's first-quarter net profit dropped 14 percent as profits in North America slipped and losses in Europe eased. European losses narrowed because of cost cuts and strong demand for new models, GM CEO Dan Akerson said.... Read More »

 

GM's Akerson, Ally's Carpenter have pay, bonuses frozen by U.S.

9:22 am U.S. ET | April 27, 2013
The Treasury Department froze some 2013 pay for top executives at General Motors and Ally Financial, two companies yet to repay money received under special bailout terms during the financial crisis.... Read More »

 

GM changes Akerson's pay mix, saying he may retire within 3 years

April 26, 2013 06:01 CET
GM CEO Dan Akerson's compensation mix was changed in 2012 to accommodate the possibility he may retire before his long-term restricted stock vests in three years, the company said.... Read More »

 

GM changes Akerson's pay mix, saying he may retire within 3 years

2:10 pm U.S. ET | April 25, 2013
GM CEO Dan Akerson's compensation mix was changed in 2012 to accommodate the possibility he may retire before his long-term restricted stock vests in three years, the company said.... Read More »

 

Opel rejects new vote for Bochum workers on plant's restructuring

April 25, 2013 18:10 CET
GM's Opel division is against giving workers another vote on a restructuring deal at the automaker's embattled plant in Bochum, Germany. The head of the United Auto Workers union, Bob King, had suggested in an interview on Tuesday that Bochum staff should vote again to accept the deal they previously rejected to keep some of their jobs for a little longer.... Read More »

 

Opel to push growth in Russia, Akerson tells paper

April 15, 2013 10:07 CET
General Motors' Opel brand will push growth in Russia and Turkey to offset slumping European slumping business but steer clear of China, GM CEO Dan Akerson said.... Read More »

 

FINAL ASSEMBLY

Dan Akerson, corporate spy

12:01 am U.S. ET | April 15, 2013
Early in his tenure as General Motors CEO, Dan Akerson says he frequently walked into GM dealerships unannounced and pretended to be a car shopper. And sometimes he really was shopping.... Read More »

 

GM's Akerson meets Merkel as two sides bury past differences over Opel

April 11, 2013 18:04 CET
General Motors CEO Dan Akerson met with German Chancellor Angela Merkel to discuss the automaker's Opel unit as the two sides worked to move past a dispute over a failed effort to sell the division.... Read More »

 

GM will invest 4 billion euros in Opel through 2016

April 10, 2013 14:52 CET
General Motors said it will invest 4 billion euros ($5.2 billion) in Opel to support new model launches, renewing its commitment to its European division. Opel plans to introduce 23 new or refreshed models and 13 new powertrains by 2016.... Read More »

 

GM, Opel CEOs to meet Germany's Merkel

April 5, 2013 12:46 CET
BERLIN (Reuters) -- General Motors CEO Dan Akerson and the new head of GM's Opel unit, Karl-Thomas Neumann, will visit German Chancellor Angela Merkel next Thursday, along with members of the GM board, a government spokesman said on Friday.
Akerson and Neumann will visit Merkel in Berlin on Thursday at 3 p.m. CET for an hour, said government spokesman Georg Streiter, adding that the meeting coincided with a meeting of the GM board in Germany.... Read More »

 

GM reviews South Korea operations as tensions rise with North

April 5, 2013 06:01 CET
GM CEO Dan Akerson said the automaker is making backup plans for its operations in South Korea as tensions with North Korea heighten. Chevrolet Europe gets most of its cars from South Korea.... Read More »

 

GM reviews South Korea operations as tensions rise with North

9:26 am U.S. ET | April 4, 2013
General Motors CEO Dan Akerson said the automaker is making backup plans for its operations in South Korea as tensions with North Korea heighten.... Read More »

 

GM puts cars on strict diet

12:01 am U.S. ET | March 11, 2013
When General Motors CEO Dan Akerson vowed last week to cut the weight of new models 15 percent by the 2016 model year, he put his engineers on a rigorous schedule. Is it doable? Yes, but it's a stretch, says one knowledgeable industry consultant.... Read More »

 

GM's Akerson vows lighter vehicles, hails potential of CNG

1:35 pm U.S. ET | March 6, 2013
General Motors aims to cut the weight of its North American vehicles by as much as 15 percent by the 2016 model year, compared with GM's current fleet, CEO Dan Akerson said today. GM estimates that a 10 percent reduction in curb weight cuts fuel consumption by about 6.5 percent.... Read More »

 

GM execs receive 324,489 restricted stock units

4:08 pm U.S. ET | March 5, 2013
Eight top GM executives have been awarded more than 324,000 restricted stock units that vest over the next three years, according to regulatory documents filed today.... Read More »

 

GM targets 20% increase in plug-in hybrid output this year

12:49 pm U.S. ET | Feb. 27, 2013
GM is planning this year to build as many as 36,000 Chevrolet Volt and other plug-in hybrids, 20 percent more than it sold in 2012, two people familiar with the effort said.... Read More »

 

GM paid CEO Akerson $11.1 million for 2012

3:51 pm U.S. ET | Feb. 26, 2013
General Motors paid CEO Dan Akerson $11.1 million last year, a GM official with knowledge of the matter said. The official disclosed Akerson's 2012 pay about a month ahead of GM's formal regulatory disclosure to explain why the CEO's compensation ended up being higher than the $9 million target for which GM had received U.S. Treasury approval.... Read More »

 

GM denies reports of proposed hike in CEO Akerson's 2013 pay

8:11 pm U.S. ET | Feb. 25, 2013
GM today strongly denied several media reports that it has requested an increase in CEO Dan Akerson's 2013 compensation. Akerson's pay last year of $11.1 million ended up being higher than the $9 million originally requested primarily because he received restricted stock units that were earned in 2011, a GM official who requested anonymity said.... Read More »

 

GM denies reports of proposed hike in CEO Akerson's 2013 pay

Feb. 26, 2013 02:11 CET
GM today strongly denied several media reports that it has requested an increase in CEO Dan Akerson's 2013 compensation. Akerson's pay last year of $11.1 million ended up being higher than the $9 million originally requested primarily because he received restricted stock units that were earned in 2011, a GM official who requested anonymity said. General Motors is proposing to pay CEO Dan Akerson $11.1 million this year, according to a document obtained by Bloomberg News.... Read More »

 

FINAL ASSEMBLY

Call Nader -- the Corvair's back!

12:01 am U.S. ET | Feb. 18, 2013
During a conference call with analysts last week, General Motors CEO Dan Akerson was on a roll, noting the accolades showered on GM during last month's Detroit auto show. But he stopped in his tracks after a slip-up that transposed one of GM's most dubious nameplates for one of its most desirable.... Read More »

 

Warren Buffett beefs up GM stake to 25 million shares

10:21 am U.S. ET | Feb. 15, 2013
Warren Buffett's Berkshire Hathaway has acquired 10 million more shares of General Motors, lifting its holdings in the company to 25 million shares.... Read More »