The Detroit News reports U.S. District Judge Nelva Gonzales Ramos delivered a six-page ruling in favor of General Motors, saving the automaker from issuing a “park it now” order that would have proved costly both financially and in reputation. Had the order gone forward, it would have set a precedent that not even the National Highway Traffic Safety Administration could attempt in its limited penalty power. The attorney representing the plaintiffs in the lawsuit for the order, Robert Hilliard, may appeal.
The hagiographic article by Bloomberg/Business Week on outgoing General Motors CEO Dan Akerson did exactly what Selim Bingol and the other PR honchos in the RenCen towers wanted it to do. With other news agencies and blogs amplifying the puffery and pulling quotes, the article got GM and Akerson a lot of good press. One of the quotes that got pulled the most was Akerson’s reference to a “moon shot” project giving GM’s next generation extended range electric vehicle a 200 mile range on battery power, based on breakthroughs in battery technology. It may be more of a moon shot than Akerson let on, since GM has cancelled its contract with that battery’s likely supplier, accusing it of “material misrepresentation”. (Read More…)
There will be a formal announcement by Dan Akerson later this morning, but now that the U.S. government has divested all of its bailout related shares in General Motors, Detroit radio stations are reporting that Dan Akerson will be stepping down as Chief Executive Officer of GM and be replaced by Mary Barra. Barra, who has been seen as Akerson’s possible replacement since she took over responsibility for global product development, will be the first woman to run a major American automobile company. More information later, after the Akerson press conference.
After talk of increasing the seperation between Chevrolet and Opel, GM has announced that it will axe the Chevrolet brand in Europe, despite previously aiming to make Chevrolet its low-cost brand, while signing a nine-year, $584 million deal to have the brand sponsor Manchester United football club.
With reports circulating that General Motors CEO Dan Akerson will step down sometime next year, the executive told Automotive News that he wants his successor to be a change agent and a risk taker. ”There’s no prototypical CEO,” Akerson said. “A good leader has to be innately bright, intellectually curious. They have to be a change agent, never satisfied with the status quo.”
Akerson, whom some say brought more accountability to GM’s bureaucracy said, “You have to establish accountability and an orientation to risk, recognizing that we’re not a fault-free company,” he said. “Have the humility and audacity to say ‘I made a mistake,’ and back up and go down the other way.” (Read More…)
During a visit to USA Today‘s editorial offices, CEO Dan Akerson of General Motors clarified the question of a rear wheel drive Cadillac flagship. Akerson confirmed that Cadillac is indeed working on a RWD based model that will likely slot in above Cadillac’s current top of the line XTS sedan and probably go on sale in 2015.
Opel and Buick are going to get a lot cozier in the coming years if Dan Akerson has his way. The GM CEO wants the two companies to align their product portfolios even further, so that the high R&D costs of Opel products can be absorbed further.
While other carmakers, including electric pioneer Nissan, are downgrading their EV euphoria, GM’s CEO Dan Akerson suddenly sounds uncharacteristically gung-ho on the issue. At an industry conference, he says GM is working on developing an electric car that has a range of as much as 200 miles. (Read More…)
Reports out of the Ren Cen state that departed Chief Marketing Officer Joel Ewanick’s position won’t be filled. Instead, CEO Dan Akerson will delegate those responsibilities to the global heads of Chevrolet and Cadillac.
The latest chapter of the Joel Ewanick saga is unfolding courtesy of Bloomberg. Our long-suffering marketing chief appears to have been sacked in part because he committed the heinous crime of buying cheap furniture.
An Automotive News article on the second anniversary of GM CEO Dan Akerson’s tenure sheds some light on the genesis of the Chevrolet Malibu Eco, and the puzzling decision to stagger the launch of the new mid-size sedan.