Some non-Chrysler Group dealers may receive franchises to sell Fiats, according to Sergio Marchionne, CEO of Fiat and Chrysler. Fiat franchisees could also get the Alfa Romeo franchise, which will return to the United States in 2012.
Tags: Alfa Romeo, Ceo, Chrysler, Chrysler Dealers, Chrysler Group, Fiat, Fiat Dealers, Fiats, Franchise, Franchisees, Franchises, Sergio Marchionne, Some non-Chrysler Group, United States
Volvo Car Corp. CEO Stephen Odell will become CEO at Ford of Europe as part of sweeping changes at both automakers that will coincide with Ford’s pending sale of Volvo to China’s Zhejiang Geely Holding Group Ltd., the automakers announced today.
Tags: Automakers, Ceo, China, China's Zhejiang Geely Holding Group Ltd., Europe Car, Ford, Ford Car, Ford Europe, Ford of Europe, Ford Part, Geely Holding Group, Odell, Stephen Odell, Sweeping Changes, Volvo, Volvo Car, Zhejiang
Former Delphi Corp. CEO J.T. Battenberg III is unlikely to see a quick resolution of fraud allegations against him, following a pointed exchange between the presiding judge and Battenberg’s defense counsel during a hearing Wednesday.
Tags: Ceo, Defense Counsel, Delphi, Delphi Corp., Fraud Allegations, J T Battenberg, Lawyers, Presiding Judge, Spar, T. Battenberg
Spyker Cars will rebuild Saab around the 9-3, 9-5 and 9-4X models if it buys the Swedish brand from GM, says Spyker CEO Victor Muller. Plans for a Saab 9-1 entry-level car would be put on hold.
Tags: Ceo, Core Products, entry-level car, Gm, Models, Saab, Spyker, Spyker Cars, Victor Muller
Daimler is in talks with Renault and other potential partners to forge a compact car cooperation by mid-2010, CEO Diter Zetsche said. “But it could certainly also go faster than that,” Zetsche told a German newspaper.
Tags: Ceo, Compact Car, compact car cooperation, Cooperation, Daimler, Diter, Diter Zetsche, Partner, Potential Partners, Renault, Zetsche
Fiat S.p.A. hopes to boost car production in Italy by more than half to as much as 1 million units in 2012, but it will need huge investment, government support and greater worker flexibility, its CEO said today.
Tags: 1 Million, Car Production, Ceo, Fiat, Fiat S.p.A., Flexibility, Government Support, Investment, Italy
Volkswagen is unlikely to make further strategic deals in the near future, CEO Martin Winterkorn said after the company’s recent spree which included taking a stake in Suzuki. He also said he expects VW to win further market share in 2010.
Tags: Ceo, Market Share, Martin Winterkorn, Spree, Stake, Suzuki, Volkswagen
Spyker Cars said today it had submitted a new offer for Saab. Spyker CEO Victor Muller said an 11-point proposal had been submitted to GM addressing each of the issues that arose during a due diligence process.
Tags: Ceo, Due Diligence Process, Due Process, Gm, New Cars, Point Proposal, Saab, Saab Cars, Spyker, Spyker Cars, Victor Muller
Volkswagen is unlikely to make further strategic deals in the near future, CEO Martin Winterkorn said after the company’s recent spree which included taking a stake in Suzuki. He also said he expects VW to win further market share in 2010.
Tags: Ceo, Market Share, Martin Winterkorn, Spree, Stake, Suzuki, Volkswagen
General Motors Co. CEO Ed Whitacre said GM has paid $1 billion to the U.S. Treasury and $192 million to the governments of Canada and the province of Ontario.
Tags: 1 Billion, 192, Canada, Canada General, Canada General Motors Co., Canada Province, Ceo, Ed Whitacre, General Motors, Gm, Governments Of Canada, Ontario, Province Of Ontario, U S Treasury, U.S. Treasury, United States, USD
General Motors Co. CEO Ed Whitacre said GM has paid $1 billion to the U.S. Treasury and $192 million to the governments of Canada and the province of Ontario.
Tags: 1 Billion, 192, Canada, Ceo, Debt Payments, Ed Whitacre, General Motors, Gm, Governments Of Canada, Ontario, Province Of Ontario, U S Treasury, U.S. General Motors Co., U.S. Treasury, USD
Chrysler Group may challenge the constitutionality of the dealer-arbitration bill signed by President Barack Obama, CEO Sergio Marchionne said today. The legislation would require General Motors Co.
Tags: Arbitration, Barack Obama, Ceo, Chrysler, Chrysler Dealer, Chrysler Group, Constitutionality, General Motors, General Motors Co., Legislation, Sergio Marchionne
Gary Convis,the former Toyota executive who led Dana Holdings Corp. as CEO for eight months, will retire as the supplier’s vice chairman effective Dec. 31. The 67-year-old also will resign from the company’s board.
Tags: Ceo, Dana, Dana Corp, Dana Holdings Corp., Eight Months, Former Toyota, Gary Convis, Holdings Corp, Led, S Board, Toyota, Vice Chairman
Chrysler Group will build its first Fiat-derived four-cylinder engine for the North American market at a factory in Dundee, Michigan. Chrysler CEO Sergio Marchionne will formally disclose U.S. manufacturing plans Thursday for Fiat’s 1.
Tags: Ceo, Chrysler, Chrysler Engines, Chrysler Group, Cylinder Engine, Dundee, Dundee Michigan, Fiat, Fiat 500, Michigan, Sergio Marchionne, U.S. Chrysler Group, United States
Chrysler Group will build its first Fiat-derived four-cylinder engine for North America at a Michigan factory. CEO Sergio Marchionne disclosed the plans today for Fiat’s 1.4-liter and#8220;fully integrated robotized engine,and#8221; or FIRE.
Tags: Ceo, Chrysler, Chrysler Engines, Chrysler Group, Cylinder Engine, Fiat, Fiat 500, Liter, North America, Sergio Marchionne
George Perry, a veteran of more than 30 years in automotive electronics, is retiring after a decade with Yazaki North America Inc. He will step down as CEO at year’s end.
Tags: Automotive Electronics, Ceo, Decade, George Perry, North America Inc, Veteran, Yazaki North America, Yazaki North America Inc
George Perry, a veteran of more than 30 years in automotive electronics, is retiring after a decade with Yazaki North America Inc. He will step down as CEO at year’s end.
Tags: Automotive Electronics, Ceo, Decade, George Perry, North America Inc, Retirement, Veteran, Yazaki North America, Yazaki North America Inc
Suzuki and Volkswagen will begin work on joint projects starting around Jan. 10, Suzuki CEO Osamu Suzuki said. The new partners want to develop a competitive, small car, seen as key to expanding sales in developing countries.
Tags: Ceo, Developing Countries, New Partners, Osamu Suzuki, Small Car, Suzuki, Volkswagen, Vw
Steve Wilhite — a former U.S. marketing executive at Hyundai, Nissan and Volkswagen — is being replaced as CEO of online advertising company Jumpstart Automotive Group.
Tags: Advertising Company, Automotive Group, Ceo, Hyundai, Jumpstart Automotive Group, Marketing, Nissan, Online Advertising, Steve Wilhite, United States, Volkswagen
General Motors Co. should attract a new CEO who has and#8220;a desire to lead a big company,and#8221; said Chairman Ed Whitacre, who is filling in as GM’s chief executive until the company can hire someone for the long term.
Tags: Ceo, Chief Executive, Desire, Ed Whitacre, General Motors, General Motors Co., Gm
General Motors Co. should attract a new CEO who has and#8220;a desire to lead a big company,and#8221; said Chairman Ed Whitacre, who is filling in as GM’s chief executive until the company can hire someone for the long term.
Tags: Ceo, Chief Executive, Desire, Ed Whitacre, General Motors, Gm, Gm Motors
Spyker Cars NV is still in talks to buy Saab, the Dutch sports car maker’s CEO said on Sunday after a report China’s Beijing Automotive Industry Holding Co. had agreed with General Motors Co. to buy some of the Swedish company’s assets.
Tags: Assets, Automotive Industry, Beijing Automotive Industry Holding Co., Car Maker, Cars, Ceo, China, China Beijing, Dutch Sports, General Motors, General Motors Co., Holding Co, Saab, Sports Car, sports car maker, Spyker, Spyker Cars N.V., Swedish Company
Spyker Cars NV is still in talks to buy Saab, the Dutch sports car maker’s CEO said on Sunday after a report China’s Beijing Automotive Industry Holding Co. had agreed with General Motors Co. to buy some of the Swedish company’s assets.
Tags: Assets, Automotive Industry, Beijing Automotive Industry Holding Co., Car Maker, Ceo, China, China Beijing, Dutch Sports, General Motors, General Motors Co., Holding Co, Saab, Sale Cars, Sports Car, sports car maker, Spyker, Spyker Cars, Spyker Cars N.V., Swedish Company