Tag: Executives

By on June 18, 2020

Nissan’s under the gun, and some near the top of the company reportedly like what they see in the company’s chief operating officer, Ashwani Gupta. So much so, that they’re pushing for a change in roles.

They’d like to see the architect of the brand’s four-year turnaround plan, released last month, don the same hat as CEO Makoto Uchida. (Read More…)

By on June 8, 2020

Forget all about that Porsche dude. The current CEO of Volkswagen Group’s sporting car brand will not become the new head of the automaker’s namesake brand. Instead, a supervisory board meeting Monday saw Herbert Diess punted, replaced by the brand’s former chief operating officer.

Come July 1st, Ralf Brandstätter will take the helm, tasked with guiding the brand through troubled water and into an electrified future. (Read More…)

By on June 8, 2020

Herbert Diess Jetta 2017

A report last week in a German publication stated that Volkswagen Group was looking for someone new to take charge of its namesake brand. The new blood would come in the form of Porsche CEO Oliver Blume, sources said.

We’re now hearing there’s an “extraordinary” supervisory board meeting being held at VW today, and that the result could be current brand chief Herbert Diess being bounced from his role. (Read More…)

By on May 20, 2020

Authorities arrested a former U.S. special forces member and his son in Massachusetts Wednesday, accusing them of helping former Renault and Nissan boss Carlos Ghosn escape from Japanese justice. Just after Christmas, Ghosn, under house arrest awaiting trial for financial crimes, turned up in the safe country of Lebanon following a complex and hazy escape plan.

Such a plan was beyond the abilities of Ghosn to pull off on his own, but it seems just such an extraction was Michael Taylor’s specialty. Taylor, 59, a former Green Beret, was arrested along with his 27-year-old son Peter. (Read More…)

By on April 27, 2020

Image: Mitsubishi

Mitsubishi, the automotive brand TTAC readers can’t get enough of, is going further into money saving mode amid the ongoing coronavirus pandemic.

The automaker announced late last week that it will revisit and revise its 2019 fiscal year financial forecast and rein in its spending, starting with the pay checks it sends to officers and directors. (Read More…)

By on April 17, 2020

Image: Ford

Few C-suites undergo renovations quite as often as Ford’s. The automaker’s executive ranks have again seen a revision, with the biggest promotion going to Kumar Galhotra (pictured above), formerly president of Ford’s North American region and ex-boss of the Lincoln brand — a role he earned considerable kudos for.

Elsewhere in the shakeup, which was ordered by recently minted chief operating officer Jim Farley following a 10-week “deep dive,” are promotions and additions designed, among other things, to sharpen “Ford’s focus on product and launch execution.” Among the new hires? A former Israeli intelligence officer.

It seems last year’s botched Explorer/Aviator roll-out continues to make ripples. (Read More…)

By on April 1, 2020

ford

It would be great if pandemics arrived with clear time frames in tow. Alas, this is not the way nature works. And for companies dependent on workers, um, working, the unpredictability of a viral outbreak means every cost-saving measure is on the table.

At Ford, which has already announced a hiring freeze and executive pay cuts, existing efforts might not be enough to stabilize its balance sheet. (Read More…)

By on March 26, 2020

Mitsubishi Motors

One day, perhaps even one day this year ( …or next!), Mitsubishi will have a new model to show off to Americans, and when that time comes there’ll be a new top boss performing the unveiling.

Fred Diaz is out as CEO of Mitsubishi Motors North America, the automaker announced Thursday, replaced by someone who knows the job fairly well. He’s had it before. (Read More…)

By on March 4, 2020

FCA

Reid Bigland, the towering Fiat Chrysler exec who made waves by suing his employer last year, has announced he’s leaving the company after 22 years of service. His last day will be April 3rd.

Head of U.S. sales, the Ram brand, and president and CEO of FCA Canada, Bigland was once seen as a potential replacement for late CEO Sergio Marchionne, but a spat with his employer tainted the longstanding relationship. That lawsuit apparently came to a head earlier this year. (Read More…)

By on February 26, 2020

Addressing a crowd at the Wolfe Research Global Auto, Auto Tech and Mobility Conference in New York City on Tuesday, Jim Farley said he sees similarities between Ford’s present situation and that of the 2009 financial crisis that nearly sunk the Detroit Three. He feels it in the hallways of Ford’s Dearborn HQ.

As automakers grapple with a number of challenges in a rapidly changing industry, Farley, who takes on the role of Ford’s chief operating officer March 1st, outlined how he plans to deliver his mandate of a global pre-tax margin of 8 percent. For starters, there’s the issue of launches. (Read More…)

By on February 25, 2020

A rocky past year hasn’t dislodged Jim Hackett from his lofty perch in the Glass House, nor does the CEO feel he’s destined for the door. This assertion comes after a dismal earnings report born of recalls, a botched product launch, and ongoing streamlining efforts, the latter of which hasn’t given Ford’s stock the bounce many had hoped for.

Why does Hackett feel so confident? Friendship. (Read More…)

By on February 10, 2020

Last Friday’s shakeup in the uppermost ranks of Ford Motor Company came as a surprise, with many employees and observers claiming that the automaker’s former president of automotive, Joe Hinrichs, took the fall for the company’s recent failings.

After announcing Hinrichs’ unexpected retirement and elevating Jim Farley, head of new businesses and autonomy, to chief operating officer (effective March 1st), CEO Jim Hackett responded to the decision in a media scrum. At the same time, Hinrichs was delivering a letter to Ford employees. (Read More…)

By on January 20, 2020

nissan

Japanese executives traditionally take company failings very personally, often performing penance in the wake of scandals and downturns. In the case of fresh-on-the-job Nissan CEO Makoto Uchida, his punishment for the automaker’s dismal financial situation and tumbling sales was an earful from a group of angry U.S. dealers.

The dealers let Uchida have it during a recent meeting at Nissan’s U.S. headquarters — the first such meeting since Uchida’s elevation to CEO late last year. It’s not like he didn’t ask for it. (Read More…)

By on December 26, 2019

As a terrible year draws to a close, Nissan can’t seem to put its bad luck behind it. In a case of “the hits keep on coming”, the automaker’s vice chief operating officer, Jun Seki, announced his departure from the company less than a month after taking on the position.

Seki, once a candidate for the CEO chair, was tasked with helping turn around the struggling company in the wake of the Carlos Ghosn scandal and concurrent sales plunge. At the same time, an American dealer group is suing Nissan over alleged Ghosn-era financial misdealings.

A merry Christmas it was not. (Read More…)

By on November 15, 2019

Image: Audi

Eleven months after making interim CEO Bram Schot a permanent fixture in the big chair, Audi AG’s board has found someone else to lead the luxury brand.

Markus Duesmann, a mechanical engineer who served as BMW’s board member in charge of purchasing until his contract ran out in September, will take over from Schot on April 1st, 2020. Schot has apparently decided to leave Volkswagen Group at the end of March “by best mutual agreement.” He got the job after his predecessor, Rupert Stadler, was arrested for suspected involvement in the company’s diesel emissions scandal. (Read More…)

Recent Comments

  • ponchoman49: Your not kidding. I also have a 1987 Cutlass Supreme coupe with the 307 4BBL tied to a 200R4 and would...
  • ToolGuy: My favorite Galaxy will carry 15 Humvees (or 6 MRAPs) or two main battle tanks (or 6 attack...
  • CKNSLS Sierra SLT: Interior space is like AWD/4WD. Yes-you don’t need it all the time, but when you do you...
  • ponchoman49: The 305 never made 140 HP in LG4 4BBL option. From 1983-88 it made 150 HP in G-body form and 165-170 in...
  • notapreppie: What I find telling is that they’re accepting returns of jack stands that haven’t shown any...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Matthew Guy
  • Timothy Cain
  • Adam Tonge
  • Bozi Tatarevic
  • Chris Tonn
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber