Three of Ford’s most senior and veteran executives are retiring, global design chief J Mays, North American manufacturing head Jim Tetreault and Martin Mulloy, who is in charge of labor relations. Mays’ replacement will be Moray Callum, design director for Ford’s North American operations. All three men had important roles in turning Ford around. Mulloy negotiated contracts with the UAW that were critical in reducing costs, while Tetreault had a big hand in reshaping Ford’s manufacturing strategy towards efficient and flexible factories. Mays has supervised the styling the cars and trucks that have helped turned Ford’s fortunes around, implementing Ford CEO Alan Mulally’s “One Ford” directive in a visual sense. He also had an important role the shape of the Jaguar XK and XF, developed while Ford owned that brand. Read More >
Looking for a change in leadership once CEO Steve Ballmer steps down, Microsoft has announced its shortlist of five potential candidates, including current Ford CEO Ford Mullaly.
It’s one thing for Tesla Motors to be the Apple of motoring. It’s another for Apple to be the Apple of motoring. The solution, according to one analyst: Apple should buy Tesla to remain profitable long after the gold rush of smartphones and tablets has disappeared from the rear view mirror.
It seems as of late that Tesla is becoming to cars what Apple already is to computing, smartphones, digital music players and tablets. Thus, it should be as no surprise that the automaker has brought aboard former Apple vice president of Mac hardware engineering Doug Field to help them develop “insanely great” new vehicles.
The British publication Autocar says that it has seen a document from Morgan Motors that says that Charles Morgan, grandson of the founder of the company, was fired for four instances of misconduct. The authenticity of the document has been questioned, but if it is authentic, it verifies that Morgan’s firing is at least partially the result of a dispute with family members. Read More >
October 18 2013 - Statement from Charles Morgan
As has been widely reported, I have been asked to leave the Morgan Motor Company by the board. It is a sad decision that I am appealing; I remain a major shareholder in Morgan.
I’m proud to say I leave with the company’s annual production volumes double what they were at the start of my tenure, with new export markets such as China opened to the company. Morgan remains a small but successful family firm.
I’d like to be clear that I am not a tycoon but a family man – I inherited a company not wealth – and unexpectedly leaving its employment will be a hardship for myself and my family. Being asked to leave the company that bears my name is also extremely personally distressing. That is made more painful as today marks 10 years since my father, Peter Morgan, died and I feel him in spirit with me in this dispute. Read More >
Elon Musk, the real-life Tony Stark of our times, has quite the extensive résumé: Founder of PayPal, SpaceX, and Tesla Motors; billionaire investor of projects and businesses such as SolarCity and the preservation of Nikola Tesla’s lab; inventor of the Hyperloop rapid mass transit concept; 007 cosplayer…
Yes, you read that right: Musk is a huge fan of the man who loves his martinis shaken and his women to have double entendre naming schemes. So much so, in fact, that he now has one of Bond’s most awesome vehicles ever conceived.
Toyota Motor Corp. said in a statement that Eiji Toyoda, the man responsible for growing Toyota into a global powerhouse, died today. Toyoda had just turned 100 years old last week. The cause of death was listed as heart failure. Toyoda was a cousin of Kiichiro Toyoda, the founder of Japan’s largest car company and he took over management of the family business in 1967 and served as president until 1982, when Toyota Motor Co. and Toyota Sales were merged and he became chairman of the combined corporation, holding that position until 1992.
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Ferdinand Piech, chairman of the Volkswagen Group, repeated his denial of a report last week in the German Handelsblatt newspaper that he would step down for health reasons in the next few months and be replaced by VW CEO Martin Winterkorn. Piech furthermore said that he will at least serve out the full term of his current contract, which runs into 2017, leaving open the possibility that he will continue to run the Volkswagen empire even longer. “I will stay for at least as long as my contract runs,” Piech told reporters at the Frankfurt Motor Show, “I’m feeling good.”
Following the departure of chief operating officer Carlos Tavares, Renault Chairman and CEO Carlos Ghosn has announced that the company will be adding two new divisions to the existing finance, human resources and CEO office functions. Thierry Bolloré is being appointed Chief Competitive Officer, with responsibilities for Design-Product-Programs, Engineering-Quality-IS/IT, Purchasing, Manufacturing and Supply chain. Bolloré’s replacement as executive vice president in charge of manufacturing and supply chain will be Jose Vicente de los Mozos, reporting to Bolloré. The new position of Chief Performance Officer will be filled by Jérôme Stoll, with responsibilities for Sales & Marketing function, and coordinating Renault’s international operations, which apparently will have more autonomy. Michael van der Sande was named senior vice president for Marketing, replacing Stephen Norman, a member of Renault’s management committee, whose future appointment will be announced separately. Bolloré and Stoll will both report to Ghosn, whose published statement said, “Our objective was to take fast, transparent action by putting in place a clear and simple organization. The aim is threefold: to accelerate and expand our ongoing progress, to ensure performance at Group level and to give the regions more responsibility.”
Biographies after the jump. Read More >
Saying it was a personal decision to step back and reassess his priorities, Cadillac vice president for global strategic development Don Butler announced his resignation in an email. “As I’ve told others, I just need to take a step back to recalibrate, reassess my priorities,” Butler said. “I know it’s time for a change but I don’t know what’s next. I’m trusting that God will provide.”
Yesterday I was out for a walk when I saw an accident happen. It wasn’t a bad one, the driver of a small delivery truck came off the clutch and his rig hopped forward and smacked the back of the small SUV stopped at the light ahead of him. The light changed and the two trucks involved pulled across the intersection and the drivers got out. The driver of the SUV was a well to do looking woman in a business suit and when saw the damage to the back of her car, smashed rear bumper and piece missing from the plastic bumper cover – there may have been other things, but I really wasn’t that close – she absolutely flipped out in the middle of the street. It go so intense that I am sure the sound of her shrill shrieking is still suspended in space somewhere over the city even now. Read More >
Susan Docherty, a life-long career woman at GM, suddenly wants to stay at home with her husband and 13 year old son, or so GM wants us to believe. According to Selim Bingol’s troops, Docherty “announced her intention to leave General Motors to spend time with her family, effective September 30.” Docherty is 49, that’s no retirement age.
Three years ago, Ed Niedermeyer and TTAC was “looking forward to her departure from General Motors.” Now his wish is fulfilled. In the tradition of Farago’s death watches, things always take a little longer than expected at GM, but eventually, they happen. Usually, they happen too late. Read More >