President-elect Donald Trump has named General Motors CEO Mary Barra to his advisory board on economic issues and jobs growth.
While this could also be a coincidental slight against Mark Fields for publicly criticizing the new president’s repeated verbal attacks against Ford, this isn’t the first time Barra has been considered for unexpected political involvement this year. Hillary Clinton had shortlisted her as a possible running mate for the 2016 election. (Read More…)
General Motors CEO and Chairwoman Mary Barra met with Canadian government officials in Davos, Switzerland on Thursday, but didn’t reveal any specifics for the automaker’s languishing Oshawa, Ontario plant, according to CTV News.
Barra spoke with Navdeep Bains, Canada’s economic development minister, before she met with new Prime Minister Justin Trudeau. Bains promoted Oshawa as a place for GM to build cars and develop technology for future cars. The Oshawa plant currently produces several outgoing models including the Cadillac XTS, Buick Regal and several others with uncertain futures including the outgoing Chevrolet Equinox.
Chevrolet built the Camaro in Oshawa before shifting production to Michigan last year, which resulted in 1,000 job cuts. (Read More…)
General Motors CEO and Chairwoman Mary Barra defended Wednesday her company’s decision not to put airbags in some of its cars in international markets.
“In many of those places the technology is available and it’s a customer choice if they want it,” Barra said, according to the International Business Times. “There’s many cases where we are well above standards, but we also have to look at affordability otherwise you cut people out of even having the availability of transportation.”
Barra made the remarks in Davos, Switzerland, which was a response to a letter sent to her last year by consumer advocacy groups in the U.S. — including Consumer Reports — requesting the automaker standardize safety features in its cars worldwide.
At a one-day workshop Tuesday sponsored by the Federal Trade Commission to discuss the future of automobile dealers in the U.S., executives from General Motors and Tesla jabbed at each other over electric car sales.
GM CEO and Chairwoman Mary Barra touted the new Chevrolet Bolt as being one of the few all-electric cars that could be purchased in all states.
Later, at a direct-sale discussion, a lawyer for Tesla chided Barra by saying that it was GM’s persistence in shaping dealer law nearly a century ago that has forced Tesla out of six states including Michigan and Texas.
“Because they voluntarily chose generations ago to use a certain business model, (GM thinks) everyone that comes after should be required as a matter of law to use the same model,” Tesla lawyer Todd Maron said Tuesday. (Read More…)
General Motors CEO — and Chairwoman! — Mary Barra unveiled on Wednesday the 2017 Chevrolet Bolt at the Consumer Electronics Show in Las Vegas.
The compact electric car had already broken cover earlier in the day (oops), but the first look at Chevrolet’s “production” electric car raised more questions than it gave answers.
According to Barra, the car will be produced sometime late this year and sell for around $30,000 after tax incentives. The Bolt will run for 200 miles, either on a charge that will take “overnight” for a full battery, or one hour to 80 percent using a DC fast charger.
It’s unclear when and where it will go on sale, or what its batteries are made of. Oh well, at least we can talk about its “gamification!”
General Motors CEO Mary Barra will be the automaker’s first female chairwoman of their board of directors, the automaker said Monday.
Barra takes over for Tim Solso, who will remain on the board.
Barra took over as CEO two years ago and is GM’s first female CEO. When Barra took over as CEO in January 2014, the automaker split the role of CEO and chairman following Dan Akerson’s departure.
Fiat Chrysler Automobiles chief Sergio Marchionne told Bloomberg on Monday that his company likely wouldn’t merge with another automaker before his tenure is up in 2018.
The chief executive publicly courted General Motors in 2015 to merge two of the Big Three. GM CEO Mary Barra publicly refuted that partnership, and Marchionne seems to have gotten the hint.
“I met Mary Barra less than a month ago in Washington,” Marchionne told Bloomberg. “I don’t think I will have another coffee with her. It won’t happen again in the future.”
Fiat Chrysler Automobiles won’t attempt to takeover General Motors anytime soon, FCA chief Sergio Marchionne told investors Thursday according to Reuters.
Speaking following a shareholder meeting, Marchionne said that finding a partner for FCA wasn’t “life or death” for the automaker group. Reportedly, FCA will delay launching several of their cars — including the Alfa Romeo Giulia for six months — as the automaker shores up its $52 billion investment plan.
“We are not choking. We are in relatively decent shape,” Marchionne said.
Auto executives from nearly every major U.S. automaker met in Washington D.C. on Tuesday to discuss safety, recalls and technology with Secretary of Transportation Anthony Foxx, Automotive News reported.
Senior executives from 15 automakers, including General Motors’ CEO Mary Barra, Fiat Chrysler Automobiles CEO Sergio Marchionne, Volkswagen of America CEO Michael Horn and Nissan North America boss Jose Munoz, met to address Foxx’s concerns that “the public has lost faith in the auto industry’s commitment to safety,” according to a letter obtained by Automotive News.
The recent snowballing recall crises at GM, FCA and other automakers concerning Takata’s airbag inflators prompted the meeting, according to reports. A spokesman for the Transportation Department said the meeting was “very productive.”
We have to hand it to Larry P. Vellequette at Automotive News for getting FCA’s Don Marchionne riled up. In addition to getting Sergio talking yesterday about automakers having a history of bending the unions over, the outspoken executive has now called for a General Motors takeover via a series of hugs increasing in their intensity each time.
“There are varying degrees of hugs. I can hug you nicely, I can hug you tightly, I can hug you like a bear, I can really hug you,” said Marchionne to Vellequette. “Everything starts with physical contact. Then it can degrade, but it starts with physical contact.”
And no, that’s not even the best part.
FCA CEO Sergio Marchionne says he’s not ready to court General Motors’ shareholders for a merger, while Ford’s Mark Fields prefers no mergers at all.
Renault-Nissan CEO Carlos Ghosn did well for himself in 2014, banking around $16 million in compensation compared to the salaries of other automotive CEOs.