Succession Plans

Daimler CEO Zetsche likely to have contract extended, executives say

April 10, 2014 11:14 CET
Daimler CEO Dieter Zetsche is poised to have his contract extended beyond 2016 as current product momentum and improving profits work in his favor, senior company sources said....
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Why dealership succession plans matter so much

12:01 am U.S. ET | Jan. 27, 2014
Blue sky values are high for now. So it's time for dealer principals, especially in family-owned businesses, to assess the long-term health of their operations. The desire to pass along a healthy business to the next generation is powerful. But that makes succession planning and training even more essential....
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Planning ahead is key to keeping the business in the family, experts say

12:01 am U.S. ET | Jan. 20, 2014
Without proper succession planning, a dealer could leave behind a legacy of litigation and failed business and family relationships. That's why many experts agree dealers should start succession planning when they are in their late 40s or early 50s. A dealer who does a proper job of succession planning, including training a successor, can ease into retirement while maintaining a good standard of living....
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Mulally-Microsoft buzz seen as overshadowing Ford vehicle introductions in busy 2014

6:29 am U.S. ET | Dec. 16, 2013
Alan Mulally's candidacy for the top job at Microsoft threatens to overshadow vehicle introductions at Ford and raises the risk of internal strife among his deputies at the automaker....
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How 3 dealerships are connecting with tech-savvy shoppers

How 3 dealerships are connecting with tech-savvy shoppers

Three dealers have found ways to forge bonds with car shoppers who are short on time and long on Web smarts. A Honda store has mobilized a young sales team hired from Starbucks and Best Buy. Mon., November 17
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