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- GM CEO Whitacre to step down Sept. 1; Daniel Akerson named to top spot
Ed Whitacre is stepping down as General Motors Co. CEO on Sept. 1. He will be replaced by Daniel Akerson, who joined the GM board in July 2009 after a long career in telecommunications.
Переслать - GM board, seeking to boost IPO, pressed Whitacre to either go or stay for years
General Motors Co.'s board and bankers pressed CEO Ed Whitacre to either leave the automaker or commit to stay for years more to help them sell investors on the company's initial public offering, three people with direct knowledge of the talks said.Переслать - As IPO looms, new GM chief pledges to stay the course
In tapping longtime telecom executive Daniel Akerson as its next CEO, succeeding Ed Whitacre, GM directors are intent on keeping the automaker on the same, new course a year after it exited bankruptcy.Переслать - Lear names director and former Ford CFO Henry Wallace chairman
Auto parts maker Lear appointed director and former Ford executive Henry D.G. Wallace non-executive chairman, following an ongoing board review of its corporate governance practices.Переслать - Reactions to Whitacre's departure, Akerson's arrival
With GM preparing for its historic public stock offering -- and with a new CEO ready to take the helm -- dealers, union officials and others comment on the change at the top of the automaker.Переслать - Consultant sees U.S. dealership count falling 3% this year
While Ford Motor Co. still faces the elimination of its Mercury brand, the vast majority of dealership closures in the United States are now complete, retail consulting firm Urban Science said today.Переслать - Toyota stops shipments to Iran
Toyota Motor Corp. has stopped shipping vehicles to Iran, amid a fresh wave of international sanctions against the Middle Eastern country's nuclear program.Переслать - GM posts Q2 net income of $1.3 billion, sales of $33.2 billion
General Motors Co., poised to launch one of the largest public stock offerings in U.S. history this fall, today reported a $1.3 billion net profit for the second quarter -- GM's largest quarterly profit since 2004.Переслать - Chrysler offered settlements below $100k to terminated dealerships
Chrysler sought to cut expenses by paying an average settlement of 'significantly below' $100,000 to terminated dealerships that filed arbitration claims, a company spokesman said.Переслать - Feds will begin efforts to simplify auto loan forms
The new U.S. consumer financial protection agency will begin trying to simplify auto loan forms for consumers over the next few months, a Treasury Department spokesman said today.Переслать
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