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Chief Executive
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New Mercedes S class strives to set new luxury mark
or efficiency, comfort or dynamism, our aspirations were 'the best or nothing' in every respect," said Dieter Zetsche, CEO of Mercedes car unit and its parent company Daimler. "No car stands for the Mercedes-Benz brand promise more than the S class
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Rebranding effort aids AutoNation's community giving
disruptive period and we would have to go through a valley of difficulties and persevere and come out the other side," AutoNation CEO Mike Jackson told me last week. He was in Atlanta to celebrate the changing of the company's local dealership signs from Team
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Fiat mulls U.S. headquarters after Chrysler merger, report says
Chrysler Group, three people familiar with the matter said. CEO Sergio Marchionne is evaluating the switch from Turin, where ..... group's 84 billion euros in revenue. When Marchionne was named CEO in 2004, Fiat relied on Europe for more than 90 percent of its
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Fiat mulls U.S. headquarters after Chrysler merger, report says
Chrysler Group, three people familiar with the matter said. CEO Sergio Marchionne is evaluating the switch from Turin, where ..... group's 84 billion euros in revenue. When Marchionne was named CEO in 2004, Fiat relied on Europe for more than 90 percent of its
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Continental kept in the dark over Schaeffler's decision to end investment agreement
Schaeffler to quit a five-year-old investment accord. Continental CEO Elmar Degenhart said he does not know how their future relationship ..... joint termination (of the accord) was not discussed," the CEO said on Wednesday at Continental's annual meeting which was
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Ally clears barrier for IPO with plan to resolve mortgage claims
billion bailout received during the global credit crisis. Ally CEO Michael Carpenter has been selling assets to raise money and ..... pass the proceeds onto taxpayers. Carpenter, who took over as CEO in November 2009 and filed for the IPO in March 2011, once predicted
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'Last resort' means something good
the term "last resort" struck some people as a criticism. GM Financial responded with an e-mail citing nice things that GM CEO Dan Akerson has said lately about GM Financial. Later, somebody who e-mailed me to criticize GM Financial applauded the term
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BMW's Reithofer tells Germans to embrace EVs
FRANKFURT (Bloomberg) -- BMW CEO Norbert Reithofer told his fellow Germans to set aside their worries ..... three-year extension for Chairman Joachim Milberg, who was BMW CEO from 1999 to 2002. Investors also approved a dividend of 2.50 euros
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GM Financial sees prime-risk loans in 2014
last remaining hole in our product set is retail financing for prime borrowers, the largest segment of the lending market," CEO Dan Berce says. GM Financial will start with the small number of GM dealers with whom it has commercial-lending agreements
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Honda to convert Ohio seat plant for Acura NSX output
Working together, here in Ohio and across North America we turned this dream into reality," said Hidenobu Iwata, president and CEO of Honda of America and the head of Honda's manufacturing operations in North America. "The location of this facility is
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GM to rebadge Nissan's small commercial vans for Chevy
the United States and Canada, said Travis Parman, a Nissan spokesman. In 2006, GM shareholder Kirk Kerkorian pushed then- CEO Rick Wagoner to forge an alliance with Renault-Nissan as a way to stem the U.S. company's losses. After a summer-long
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Fiat 500, Maserati production hit by supplier dispute
damages" because of the components shortage with "thousands of workers" affected, the company said in a statement. Selmat CEO Enzo Maccherrone said the company informed Fiat one month ago that it was going to stop production from April 29 to May 2 and
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Volkswagen said to favor China's FAW for budget brand
level model for 6,000 euros ($7,785) to 7,000 euros," CEO Martin Winterkorn said at the company's annual meeting last ..... a VW spokesman, said there's nothing to report beyond the CEO 's April comments. VW's rising deliveries in China, where
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Infiniti Plans Top-Tier Vehicle (5/14/13)
Mason also floated a bold new global sales target of 600000. Units by around 20/20. From just 170000. Last year. Nissan CEO Carlos cones that infinity it will contribute significantly. To group profit. If the yen weakens further to its normal historical
of 600000. Units by around 20/20. From just 170000. Last year. Nissan CEO Carlos cones that infinity it will contribute significantly. To group profit. If the yen weakens further to its normal historical level. Meanwhile -
BMW CEO raps EU calls for stiffer car emissions goals
MUNICH (Reuters) -- BMW CEO Norbert Reithofer criticized calls by European Union lawmakers for tougher fuel efficiency goals. He said their demands would
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Infiniti to add new halo car, more crossovers
Top-tier player De Nysschen, who left Audi to become President of Infiniti Motor Co. last July, has been tasked by Nissan CEO Carlos Ghosn with transforming the brand into a top-tier premium player and boosting sales to 500,000 by 2016, from just
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Infiniti to add new halo car, more crossovers
Top-tier player De Nysschen, who left Audi to become President of Infiniti Motor Co. last July, has been tasked by Nissan CEO Carlos Ghosn with transforming the brand into a top-tier premium player and boosting sales to 500,000 by 2016, from just
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BMW seeks third straight sales record as new models offset weak Europe
low. "We are preparing for the company's next phase of growth and making the BMW group more competitive for the future," CEO Norbert Reithofer said today in a speech at the company's annual shareholders meeting in Munich. The maker of BMW, Mini and
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Autoliv targets revenue gains of 5% on China, U.S. demand
strengthen our No. 1 position in the automotive-safety industry, while providing competitive returns to our shareholders," CEO Jan Carlson said in the statement. The supplier is targeting growth in China, where it plans to increase its market share for
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Nissan debuts new corporate logo
separate corporation, Infiniti Motor Co. Japan's second-biggest automaker introduced the new look today as the backdrop for CEO Carlos Ghosn at the company's full-year earnings announcement. Ghosn's blue-gray PowerPoint presentation was a departure