Mary Barra Named to Top 5 of Forbes’ Most Powerful Women List

This annual list prepared by Forbes magazine, called The World's 100 Most Powerful Women, has placed a CEO from the automotive sphere squarely near the top of their rankings – right behind VP Kamala Harris but well ahead of newsmakers like Oprah Winfrey.

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NYT: GM's Barra Declined Meeting With FCA's Marchionne to Discuss Possible Merger

Sergio Marchionne sent Mary Barra a detailed email in the middle of March in an effort to start merger talks. Barra, CEO of General Motors, was uninterested in the offer and rebuffed Marchionne, CEO of Fiat Chrysler Automobiles.

It was the first time the two executives had ever spoken, but it wouldn’t be the last Barra would hear of Marchionne’s merger desires.

That’s the story being told by the New York Times today, detailing the lengths to which Marchionne is going to trigger consolidation within the automotive industry.

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  • ToolGuy Good for them.
  • ToolGuy "I'm an excellent driver."
  • Tassos If a friend who does not care about cars asks me what to buy, I tell her (it usually is a she) to get a Toyota or a Lexus. If she likes more sporty cars, a Honda or a MiataIf a friend is a car nut, they usually know what they want and need no help. But if they still ask me, I tell them to get a Merc or AMG, a 911, even an M3 if they can fix it themselves. If they are billionaires, and I Do have a couple of these, a Ferrari or an even more impractical Lambo.
  • ToolGuy Good for them, good for me.
  • Tassos While I have been a very satisfied Accord Coupe and CIvic Hatch (both 5-speed) owner for decades (1994-2017 and 1991-2016 respectively), Honda has made a ton of errors later.Its EVs are GM clones. That alone is sufficient for them to sink like a stone. They will bleed billions, and will take them from the billions they make of the Civic, Accord, CRV and Pilot.Its other EVs will be overpriced as most Hondas, and few will buy them. I'd put my money on TOyota and his Hybrid and Plug-in strategy, until breaktrhus significantly improve EVs price and ease of use, so that anybody can have an EV as one's sole car.