Tag: CEO

By on October 21, 2015

Cadillac President de Nysschen poses with the Cadillac ATS-V during the model's world debut at the Los Angeles Auto Show in Los Angeles

Speaking Wednesday at the 10th annual J.D Power Automotive Marketing Roundtable in Las Vegas, Cadillac CEO Johan de Nysschen didn’t mince words regarding Silicon Valley’s infatuation with fully autonomous driving.

The luxury brand chief, while standing before an image of Google’s autonomous prototype, said: “Many autonomous car (prototypes) emphasize sheer functionality. It would be a mind-numbing experience going from point A to B. My goodness, you might as well take the bus.”

De Nysschen said Cadillac’s upcoming Super Cruise strikes a balance between fully autonomous driving and driving yourself.

(Read More…)

By on September 28, 2015

Xu Winterkorn - Picture coutesy news.yahoo.com

A criminal complaint in Germany (that could have been filed by anyone) has prompted an investigation into whether former Volkswagen CEO Martin Winterkorn knew the automaker was selling cars with an illegal “defeat device” to fool emissions test, Reuters reported.

Several complaints have been filed with German prosecutors, including one from within Volkswagen, according to the Chicago Tribune.

Winterkorn’s investigation may take months — or even years — as German authorities look into how widespread cheating and lying was at the automaker.

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By on September 25, 2015


Making official Friday what we’ve heard for a while (Der Tagesspiegel reported on Monday), Porsche CEO Matthias Müller will take the reigns at Volkswagen.

Müller replaces Martin Winterkorn, who resigned after the Environmental Protection Agency notified Volkswagen that 482,000 cars in the U.S. used an illegal “defeat device” to cheat emissions.

In a statement Müller said that restoring trust in the automaker would be his first priority:

My most urgent task is to win back trust for the Volkswagen Group – by leaving no stone unturned and with maximum transparency, as well as drawing the right conclusions from the current situation.

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By on September 24, 2015


According to the Wall Street Journal, Porsche CEO Matthias Müller will take over as CEO at Volkswagen following Martin Winterkorn’s resignation Wednesday.

Müller, who is 62 years old, took over as CEO of Porsche in 2010, where he expanded the sports car-maker’s lineup to include more crossover vehicles. Müller is a Volkswagen AG lifer: before becoming CEO of Porsche, Müller was in charge of all Audi and Lamborghini product lines, and had been at Audi since 1977.

On Monday, German newspaper Der Tagesspiegel reported that Müller would replace Winterkorn by the end of this week.

According to the report, Müller will be seen as a compromise CEO who is friendly to rank-and-file VW workers.

By on September 24, 2015

2014-vahlandThe Chairman of the Board of Management for Škoda, Prof. Dr. h.c. Winfried Vahland, is expected to replace Michael Horn as CEO of Volkswagen of America, reports Automotive News.

The news is just the latest in a number of rumors regarding a massive executive shuffle following the departure of Volkswagen AG CEO Martin Winterkorn on Wednesday.

During the U.S. launch of a refreshed 2016 Passat in New York on Monday, Horn said: “Our company was dishonest with the EPA, and the California Air Resources Board and with all of you. And in my German words: We have totally screwed up.”

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By on September 22, 2015

Michael Horn 51nbsp President und CEO der Volkswagen Group of America ab 1 Januar 2014Michael Horn, President and CEO of Volkswagen Group of America, didn’t mince words last night during Volkswagen’s launch of the 2016 Passat midsize sedan, according to Automotive News.

At the vehicle launch in Brooklyn on Monday night, the executive said, “Our company was dishonest with the EPA, and the California Air Resources Board and with all of you. And in my German words: We have totally screwed up. We must fix the cars to prevent this from ever happening again and we have to make this right. This kind of behavior is totally inconsistent with our qualities.”

Volkswagen has opened themselves up to $18 billion in fines in the United States alone. Additional fines could be levied if the group’s 3.0-liter V-6 diesel engine is also found not to comply with EPA emissions regulations.

By on September 22, 2015


After Volkswagen admitted to gaming emissions tests with software containing a “defeat device”, German publication Der Tagesspiegel (via Jalopnik) is reporting that Volkswagen CEO Martin Winterkorn will be replaced at the end of the week by Porsche CEO Matthias Müller.

The German outlet — the name of which translates to “The Daily Mirror” — reportedly gained the information from “supervisory circles”.

Volkswagen has not yet confirmed the rumor.

Update 1: Reuters is reporting that a Volkswagen spokesman described the report as “ridiculous.” A spokesman for Porsche said Müller is at a Volkswagen board meeting today in Wolfsburg.

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By on September 16, 2015

Harald Krueger, who just took the CEO reins at BMW, had a dizzy spell and collapsed to the floor Tuesday during the group’s press conference.

According to The Telegraph, it was Krueger’s first appearance as the group’s CEO.

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By on June 6, 2015

Chrysler 300 (Aus)

As we reported earlier, Clyde Campbell and a number of his associates, including his successor Veronica Johns and former boss Ernst Lieb by way of his Motorworld dealerships, are being named in a misappropriation case claiming $30 million AUD was funnelled out of company coffers.

This weekend, more details have come to light, including how Campbell was able to pilfer FCA funds without raising red flags in Detroit.

The story verges on conspiracy and includes the wife of Campbell, his successor, a formerly disgraced Daimler executive, a casino, a boat and extravagant homes paid for by FCA without its knowing. Even Campbell’s wife’s hairdresser received a free Jeep as part of the brand’s “ambassador” program.

Mark Hawthorne of The Sydney Morning Herald remarked, “It has all the makings of a Hollywood script. In Elizabeth Hurley, it even has the presence of a Hollywood star.”

(Read More…)

By on May 1, 2014


Ford’s board of directors has confirmed Mark Fields as the Blue Oval’s next CEO. Current CEO Alan Mulally will depart on July 1st, with Fields assuming the post immediately.

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