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Sharp Eye on GM Trucks (7/16/12)

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  1. South Korea3:27
  2. vice president4:07, 4:21, 4:35
  3. next generation1:05
  4. GM0:03, 1:28, 1:32
  5. Chevy Tahoe0:50
  6. GMC Yukon0:48
  7. Tim Lee1:24
  8. market share1:53, 2:08
  9. global manufacturing operations0:31

Mon, 16 Jul 2012|

As big launch looms, manufacturing chief sheds global role to focus on N.A.; Hyundai 'tapped out'; Toyota's Carter, Fay move up.


Automatically Generated Transcript (may not be 100% accurate)

Retool it as GM prepares for a critical set -- product launches. A shakeup in the team in charge of manufacturing. We have the details that. Hello and welcome to a new week of auto news now I Tom -- back. A few weeks ago we brought to the story of Diana translate the woman then in charge of GM's global manufacturing operations. Her big task. A smooth launch next year of some of GM's biggest vehicles and we do mean that literally. I'd have. All new versions of the Cadillac Escalade. GMC Yukon Chevy Tahoe and suburban. Along with the new GMC Sierra and Chevy Silverado pickup truck. They're GM's most profitable products and now the automaker is concentrating even more effort on the next generation. Today it announced that trembling will focus full time on North America. And she has a full plate. Auto maker is retooling all four of its big truck plants in the region. Taking on trembling is global title Tim Lee who retains his title as president of GM international operations. By the way GM built more than a million vehicles off its truck platform in North America last year. By comparison. Toyota made 586000. Vehicles on the camera platform. Which was next highest in volume. Hyundai motor America is a bit peculiar sales in market share situation. CEO John Crabtree talked about it during a visit to Michigan last week. Despite the brands of record setting sales performance during the first half of what -- twelfth. Hyundai -- US market share is slipping. Sales are up 11%. From a year Earl. Our plan this year has been to grow. Our retail share as much as we can so we dropped -- down to single digit levels of public finish here around 7% weeks. Wanna make sure we continue to deliver very dealers know them to grow. On a volume per store. Standpoint. But there is another supply concerns. A potential long term strike by Hyundai and Kia workers in South Korea. The main union slated to stage another partial strike on Friday. In miles 60% of production is now coming out of the US. It's. Tomorrow morning on first shift with Jennifer -- -- it talks about the marketing direction of several vehicles. We go to its US sales -- -- a 29%. Increase in sales this year. Announcing a sweeping series of executive changes today including a new head of the Toyota division. Highlights. Bill -- has been named group vice president and general manager of the Toyota division he had been in charge of marketing. Today taking the job previously held by Bob Carter. Carter has been promoted to senior vice president in charge of automotive operations. Replacing Don as men. As men whose 68 is slated to retire. He becomes a senior advisor. Silence vice president Jack Hollis moves over to Toyota marketing. In taking his position at cyanide. Doug Murtha who had been vice president of product planning. Seven other executives. Also taking new goals -- you could read the full story on our website auto Thanks so much for watching everyone and there's always. Hope to see you right back here tomorrow.

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