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Main > Car Makers News > GM > Management shakeup at GM continues | detnews.com | The Detroit News -- General Motors Co. announced a management shakeup Thursday with the retirement of four senior executives, while the U.S. Treasury Department and Canadian government named the five final members of GM's new board of directors. GM said today that Gary Cowger, group vice president, global manufacturing and labor relations, will retire at the end of the year. Until Dec. 31, Cowger will assume responsibility for the integration of Delphi Corp.'s four factories and global steering business being acquired... Full article... Article added: 2009-07-24 10:35:56 Article Views Rating: 57 Main > Car Makers News > GM > Report: Toyota to end venture with GM in Calif. | detnews.com | The Detroit News -- Toyota Motor Corp. has decided to liquidate its stake in a California manufacturing plant that it jointly operated with General Motors, a Japanese news agency reported Thursday. The Japanese carmaker will begin negotiating with the "Old GM" starting next week, Kyodo News reported, citing unnamed company officials. Toyota spokesman Mike Goss would not confirm that the Japanese automaker had made a final decision on the fate of Fremont, Calif.-based New United Motor Manufacturing Inc., also known as... Full article... Article added: 2009-07-24 10:35:56 Article Views Rating: 58 Main > Car Makers News > Porsche > Porsche CEO steps down, making way for VW merger | detnews.com | The Detroit News -- Porsche chief executive Wendelin Wiedeking is leaving the luxury sports car maker after 16 years at the helm, a move widely expected to clear the way for a merger with Volkswagen AG. The board for Porsche Automobil Holding SE said Thursday that Wiedeking, 56, and chief financial officer Holger Haerter, 53, were leaving with immediate effect from the heavily indebted company that makes the 911, among other models. The move -- along with the announcement that Porsche will seek to raise funds, possibly... Full article... Article added: 2009-07-24 10:35:56 Article Views Rating: 99 Main > Car Makers News > Toyota > Toyota confident sales will pick up in the future | detnews.com | The Detroit News Toyota Motor Corp.'s highest-ranking executive in the United States said Thursday that he hoped the automaker would start earning money here again next year after its unexpectedly deep slide into the red. Yoshimi Inaba, a former U.S. sales chief recently rehired by Toyota, said he was seeing signs that demand in the U.S. auto market was picking up and was confident about its long-term prospects. "I'm a very firm believer that this market will bounce back sooner or later," said Inaba, the New York-based... Full article... Article added: 2009-07-24 10:35:55 Article Views Rating: 90 Main > Car Makers News > Other > Peel out with a set of orange-oil tires | detnews.com | The Detroit News Automakers and their suppliers love to talk about technology transfers, especially those that move from the highly competitive and exciting environment of racetracks to the mundane but much more important public roadways. The Yokohama Tire Corp. has a new tech transfer ready to roll -- tires made by using the oil from orange peels to replace much of the petroleum-based oil that goes into tire production. Officially, Yokohama's new tire is the dB Super E-spec, which the Japanese rubber company calls "the... Full article... Article added: 2009-07-24 10:35:53 Article Views Rating: 61 Main > Car Makers News > Ford > Ford Taurus grows up strong | detnews.com | The Detroit News Nothing lasts forever. Whether by bad luck, bad design or the stars just stop aligning; every good and bad thing passes. But that doesn't mean it can't come back: Cinderella may have cleaned a lot of fireplaces, but even she got hitched. The Ford Taurus arrived three decades ago with a youthful vigor that would propel it to become the No. 1 sedan in America. It was a winner, a juggernaut, the San Francisco 49ers of the '80s with Joe Montana in the driver's seat. But Montana split for the Kansas City... Full article... Article added: 2009-07-24 10:35:50 Article Views Rating: 75 Main > Car Makers News > BMW > Critics attack BMW's electric Mini E | detnews.com | The Detroit News In his Santa Monica, Calif., gallery, Samuel Freeman displays a nifty bit of automotive art, a full-size replica of a Chevy V-8 engine made out of stained glass. But Freeman himself worships at the church of the electric car. In November 2008, Freeman was one of nearly 2,000 people who signed up to lease a Mini E -- an experimental electric-vehicle conversion of BMW's charming, capering retro-runabout. In early June, he was one of the lucky 450 Americans to get a car, and since then he's been ripping up... Full article... Article added: 2009-07-24 10:35:47 Article Views Rating: 45 Main > Car Manufactures > Volkswagen > VW Crafter Wins RAC Award for Best Large Van 2009 VW Crafter range of vans has won the award for Best Large Van in the 2009 Van Fleet World Honours. The trophy was presented at a special ceremony held at the Royal Automobile Club, Pall Mall on Wednesday 20th May. The Fleet World Honours are presented annually to those motor manufacturers, service companies and individuals who have, in the opinion of the judges, achieved the highest possible level of excellence in their sector. The judging panel is chaired by industry professional, George Emmerson... Full article... Article added: 2009-07-13 15:34:02 Article Views Rating: 86 Main > Car Makers News > Opel > Magna confirms bid for Opel | detnews.com | The Detroit News Canadian supplier Magna International Inc. said Friday that it had teamed up with Russian financial institution Sberbank Rossii to bid for General Motors Corp.'s ailing German carmaker Adam Opel GmbH. "The offer contemplates a total investment by Magna and Sberbank of Euro 700 million about $900 million, a portion of which would be guaranteed by the German government," Magna said in a statement. GM and the German government are reviewing the bids submitted this week for Opel, including offers from... Full article... Article added: 2009-05-25 05:23:16 Article Views Rating: 164 Main > Car Makers News > Fiat > Fiat's Marchionne driven to succeed | detnews.com | The Detroit News With his slightly rumpled appearance and casual manner, Sergio Marchionne seems more like a jovial professor than a hard-driving businessman. But the chief executive of Fiat SpA is in fact an inexhaustible, demanding and effective corporate boss with a string of turnarounds to his credit. Now, as Fiat prepares to take a stake in Chrysler LLC and seeks to acquire General Motors Corp.'s European and Latin American operations, Marchionne, 56, is embarking on the biggest challenge of his career. While some... Full article... Article added: 2009-05-25 05:23:15 Article Views Rating: 131 |
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