Dhivya Suryadevara has quickly risen through the ranks of GM since starting as a senior financial analyst in 2005. But her new tasks — a multibillion-dollar restructuring, overseeing business development and driving shareholder value — will pose some of the toughest challenges yet.
While Toyota remains "very, very bullish" on the overall market, Jim Lentz said "some crazy" potential implications from trade and U.S. President Donald Trump's investigation into the national-security impact of car imports "could be devastating to the industry."
On the day CEO Mary Barra outlined the largest round of job cuts and plant shutdowns in nearly a decade, General Motors also was having an orientation for new hires. Shrinking its employee ranks is part of its plan for the next economic downturn and the future, but GM also is working to change the makeup of the work force that remains.
General Motors President Dan Ammann will step down from his role to become CEO of the automaker's Cruise autonomous vehicle unit. The move -- effective Jan. 1 -- emphasizes the importance of the operations to the future of GM, which plans to launch a public self-driving ride-hailing fleet in 2019.