Management ChangesNissan names ex-BMW China exec to head local Infiniti operationsMay 1, 2013 06:01 CET Nissan has named Daniel Kirchert, a former BMW executive in China, to head its luxury brand Infiniti in the country, as it seeks to expand production and dealerships in the world's biggest auto market.... Read More »
Obama says DOT nominee Foxx to press ahead on transportation agenda 3:13 pm U.S. ET | April 29, 2013 President Barack Obama said Charlotte, North Carolina, Mayor Anthony Foxx will press ahead as transportation secretary with the administration's goals to rebuild and expand the nation's infrastructure.... Read More »
GM changes Akerson's pay mix, saying he may retire within 3 yearsApril 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 »
PSA names industry veteran as Citroen's deputy CEOApril 26, 2013 06:01 CET PSA named veteran industry executive manager Yves Bonnefont as Citroen's deputy CEO. Bonnefont will lead the expansion of the upscale DS subbrand as well as the new positioning of Citroen's C-line of vehicles.... 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 »
Visteon eliminates 2 senior execs as climate division shifts to South Korea 11:40 am U.S. ET | April 17, 2013 Visteon said it terminated Joy Greenway, president of its climate controls business, as the supplier moves climate operations to its South Korean joint venture.... Read More »
VW names Stackmann as new Seat bossApril 15, 2013 17:49 CET VW Group has named Juergen Stackmann as head of its money-losing Seat brand. He replaces James Muir, who will assume an unspecified senior management role within the group.... Read More »
Chrysler names Bigland to replace Diaz at Ram; Kuniskis to lead Dodge 10:30 am U.S. ET | April 15, 2013 Chrysler Group has named Reid Bigland, head of U.S. sales and Dodge, to replace Fred Diaz as head of Ram, effective today. Diaz resigned Friday to take a job at Nissan. Chrysler also said today that it is moving Tim Kuniskis, who heads the Fiat brand in North America, to Bigland's old position as head of Dodge.... Read More »
LARRY P. VELLEQUETTE Why Diaz' departure from Chrysler wasn't a surprise 12:01 am U.S. ET | April 14, 2013 On paper, Fred Diaz got a promotion Friday when it was announced that he had agreed to become vice president of Nissan Division sales and marketing. But in the real world, the 47-year-old now-former head of Chrysler Group's Ram brand and of Chrysler de Mexico likely got his life back with his new job.... Read More »
BorgWarner's turbocharged growth leads supplier surgeApril 12, 2013 15:15 CET With auto sales in the United States percolating at the best pace since 2007, parts suppliers are riding high, too -- and none more so than turbocharger producer BorgWarner.... Read More »
BorgWarner's turbocharged growth leads supplier surge 9:15 am U.S. ET | April 12, 2013 With auto sales in the United States percolating at the best pace since 2007, parts suppliers are riding high, too -- and none more so than turbocharger producer BorgWarner.... Read More »
PEOPLE ON THE MOVE De Nysschen picks new Infiniti teamMarch 26, 2013 06:01 CET Johan de Nysschen, president of Infiniti, has overhauled his top management with hand-picked executives tasked with taking the brand global. The changes inject the top ranks with non-Japanese executives, many poached from rivals.... Read More »
AutoTrader CEO Perry to resign May 1 11:41 am U.S. ET | March 25, 2013 Chip Perry, AutoTrader.com's only CEO since the company began operating in 1997, will resign effective May 1. His duties will be handled by Sandy Schwartz, who will become president of AutoTrader Group and will remain president of vehicle auction giant and sister company, Manheim. Perry, 59, was the first employee of AutoTrader.com, the largest third-party Internet vehicle shopping site.... Read More »
Subaru of America COO, CFO Doll adds president title 4:10 pm U.S. ET | March 25, 2013 Subaru of America has promoted Tom Doll to president, effective April 1. He will remain COO and CFO. Doll, 57, is the highest ranking non-Japanese executive at Subaru's U.S. subsidiary. He joined Subaru of America in 1982.... Read More »
De Nysschen picks new Infiniti team 10:00 am U.S. ET | March 25, 2013 Johan de Nysschen, president of the Infiniti luxury brand, has overhauled his top management with hand-picked executives tasked with taking the brand global. The sweeping changes inject the top ranks with non-Japanese executives, many poached from rivals, for international flair.... Read More »
Infiniti picks former BMW exec to head EuropeMarch 22, 2013 13:16 CET Infiniti has appointed veteran premium brand executive Fintan Knight to lead the brand in Europe. Knight, 41, has 20 years experience working for automakers such as BMW, Audi and Lamborghini.... Read More »
PEOPLE ON THE MOVE Bosch auto chief Bernd Bohr to step downMarch 22, 2013 20:31 CET Bosch said Bernd Bohr, board member responsible for its auto-supply unit, will leave the supplier. Bohr was once a candidate to become Bosch CEO.... Read More »
Bosch auto-parts boss Bernd Bohr to retire at midyear 2:31 pm U.S. ET | March 22, 2013 Germany's Robert Bosch GmbH today said Bernd Bohr, board member responsible for its automotive unit, will leave the company at the end of June.... Read More »
Henrik Fisker quits Fisker Automotive in dispute with management 10:41 am U.S. ET | March 13, 2013 Henrik Fisker, the former BMW designer who co-founded Fisker Automotive, has resigned from the plug-in hybrid car maker, citing discord with company executives. Fisker, who has been executive chairman for the past 13 months, wrote in an e-mail that the main reasons for his departure were “several major disagreements” with “Fisker Automotive executive management on the business strategy."... Read More »
Henrik Fisker resigns as executive chairman of Fisker AutomotiveMarch 13, 2013 16:41 CET Henrik Fisker, the former BMW and Aston Martin designer who founded Fisker Automotive, has resigned as the U.S. plug-in hybrid maker's executive chairman. He cited "major disagreements" over strategy with the struggling company's executives.... Read More »
BMW set to hire former Audi sales chief SchwarzenbauerMarch 13, 2013 12:34 CET BMW plans to hire Peter Schwarzenbauer, the former Audi sales chief, as part of an effort to tighten its grip on the premium segment's top spot, sources said.... Read More »
PSA streamlines top management after two executives step downMarch 12, 2013 18:02 CET PSA/Peugeot Citroen has streamlined its management board after brands director Frederic Saint Geours and r&d chief Guillaume Faury left their posts. Saint Geours will stay on with PSA as an advisor to CEO Philippe Varin, but Faury is leaving the automaker to become CEO of Eurocopter.... Read More »
Ex-Opel CEO Stracke will join Magna SteyrMarch 12, 2013 17:06 CET Former Opel CEO Karl-Friedrich Stracke will join Magna Steyr, a unit of Magna International, on April 1. Stracke will be responsible for contract manufacturing at Magna Steyr's plant in Graz, Austria, as well as the unit's head of global engineering, the company said.... Read More »
Chrysler bankruptcy lawyer is Detroit financial manager pick, reports say 1:23 pm U.S. ET | March 12, 2013 Kevyn Orr, a lawyer who earned $1 million in fees for helping manage the Chrysler bankruptcy in 2009, is Michigan Gov. Rick Snyder's top pick to be Detroit's financial emergency manager, a source with direct knowledge of the choice told Reuters today.... Read More »
Nissan promotes purchasing exec Saikawa to chief competitive officer 9:40 am U.S. ET | March 11, 2013 Nissan Motor is elevating Executive Vice President Hiroto Saikawa to a newly created position of chief competitive officer that encompasses oversight of global manufacturing, supply chain management, r&d and customer satisfaction.... Read More »
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Special Report
Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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