Bugatti Nabs Audi Sport and Lamborghini’s Former CEO
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Stephan Winkelmann has been very busy.
CEO
Hyundai Fires its US CEO
Hyundai has fired its North American CEO.
Porsche Names New CEO in Wake of VW Emissions Scandal
Porsche’s current head of production and logistics, Oliver Blume, has been named the new CEO of the company effective October 1, 2015.
Cadillac Boss Wants Boutique Stores
Cadillac CEO Johan de Nysschen is trying to solve a puzzle that bested years of executives before him.
BMW Names New CEO
BMW announced that 49-year-old Harald Krueger will replace Norbert Reithofer as CEO.
There’s a New Plan to Save Lotus
Lotus is struggling. The boutique British brand has been losing money hand over leather-driving-glove-covered fist for several years now, but their new chief-executive has plans to correct the company’s course.
Honda CEO’s Pay Cut 20 Percent Following Fit Recalls
In response to the FIFTH recall of the new Honda Fit the company’s board has cut CEO Takanobu Ito’s pay by a whopping 20 percent!
Andy Palmer Named Next Aston Martin CEO
The AMG-built V8 headed to future Aston Martin vehicles won’t be the only powerhouse pushing the British exotic car brand into the future.
GM Asks Employees to ‘Speak Up’ on Safety Issues
GM’s ongoing ignition switch scandal has left it with more than a bit of egg on the face; try an entire omelet.
Hyundai Motor America CEO Steps Down
Hyundai North American president and CEO John Krafcik will step down from his current role next week at the completion of his contract.
GM Won’t Pay Back Government Bailout Loss
Soon-to-retire General Motors CEO Dan Akerson maintains that the U.S. government’s choice to bail out the Detroit giant saved money despite losses after the Treasury Department offloaded its remaining shares.
Latest Alfa Romeo Revival Plan Leans on RWD Platform
The latest plan to right Alfa Romeo’s sales will call on the same strategy in place with Maserati: premium global expansion.
Jeep Wrangler Needs More Engines, Transmissions: CEO
The Jeep Wrangler and Dodge Grand Caravan won’t stack up to increasingly stringent fuel consumption standards and will need an overhaul soon.
Volvo Remaining in US: North American CEO Says
An article published on 247wallst.com named Volvo among brands it predicted to disappear by 2014, but president and CEO of Volvo Cars of North America John Maloney says it isn’t true.
Former Porsche CFO Guilty of Fraud: Court Finds
Former Porsche Chief Financial Officer Holger Haerter was convicted of fraud in a Berlin court today.
Hyundai CEO Named 2013 Automotive Exec of the Year
If he were real, Andy Dufresne would be impressed with Hyundai CEO John Krafcik who despite the obstacles is being named the 2013 Automotive Executive of the Year
Volvo Flagship Sedan Not Coming: CEO Says
Volvo won’t build a flagship sedan to compete with cars like the BMW 7 Series and says its customers wouldn’t be interested in a segment where V8 and V12 engines are the norm.
Fisker Atlantic Pricing to Start Around $55,000
New information about the Fisker Atlantic is trickling out through Twitter, suggesting the car will come with a starting price in the $55,000 range.
Mitsubishi Australian Line Decried by own CEO
You know there’s trouble in paradise when the newly-appointed Australian CEO of Mistubishi calls his company’s products overpriced and wonders why anyone buys them.
Volvos Are Too Complicated: CEO Says
Things get complex when you put safety tech innovation first, or so Volvo boss Stefan Jacoby is finding as the brand’s cars get increasingly confusing to use.
Sergio Marchionne Spied Driving SRT Viper on Memorial Day
Update: Chrysler called us to clarify that it wasn’t Marchionne, but instead Roy Peters, the project’s lead electrical engineer. Coasting along with traffic, eastbound on Interstate 69 through Michigan, we were road testing a 2012 Jeep Compass when several car lengths in the distance a ragtag convoy of cars swarmed around a single sports coupe.
Lotus Press Release Addresses Media Controversy Head-On
Throwing a curve ball right down the media’s throat, Lotus issued a press release today that aimed to disarm and diffuse the flurry of speculation and jokes. It did so by writing in completely unacademic, and some might argue, unprofessional style. Above the text, a borrowed copy of Sniff Petrol’s satirical photo (seen above) that portrays CEO Dany...
Fiat, Chrysler CEO Sergio Marchionne Interviewed on 60 Minutes
Fiat boss Sergio Marchionne was featured yesterday on CBS’ 60 Minutes discussing his life as the head of both Fiat, Chrysler and how he brought the American brand back to health from the brink of collapse. In the interview, Marchionne addresses the state Chrysler was in when he came on board to resurrect the company, saying...
Automakers Double New Model Releases By 2013
Comments Off on Automakers Double New Model Releases By 2013
The past 20 years were pretty stable in the automotive industry. Mostly predictable releases with a steady rate for manufacturers to introduce new models that seemed like a consistant recipe for success. Then, suddenly with the start of the current model year, things changed. In fact, it looks like this is just the start of a serious...
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