Tag: Obituaries

By on July 9, 2019

Among the broader masses, H. Ross Perot is probably best known for his third-party runs for the U.S. presidency. However, to us, he’ll always be the man who gave General Motors’ CEO (1981-90) Roger Smith a piece of his mind and the old the stink eye. He died on Tuesday at the ripe age of 89.

Perot sold his company, Electronic Data Systems, to GM in 1984 for a cool $2.55 billion. The General was eager to have EDS as a subsidiary, hoping to use the company to help modernize its industrial organization and product line. It even wanted to keep Ross on board to move things along. Unfortunately, Perot turned out to be a vociferous, no-nonsense kind of guy and found himself at odds with Smith — and the rest of GM — rather quickly.  (Read More…)

By on January 7, 2018

toyota emblem c-hr interior

Toyota Motor Corp. has announced the passing of Tatsuro Toyoda, the automaker’s seventh president and second son of the company’s founder. Instrumental in establishing the firm’s joint-venture with U.S. rival General Motors in 1984, referred to as the New United Motor Manufacturing Inc. (NUMMI), Tatsuro was known for his drive toward global expansion and international collaboration efforts.

Continuing on the path set out by his elder brother Shoichiro by taking the corporate helm in 1992, Tatsuro stepped down from the position in 1995 after being hospitalized for reported hypertension. However he continued on as an adviser for the automaker; a title he held until his death on December 30th. Toyota attributed Mr. Toyoda’s passing to pneumonia over the weekend.  (Read More…)

By on November 1, 2017

Porsche 911

It’s kind of difficult to imagine if you aren’t old enough to remember, but there was a period in the 1980s when the Porsche 911 was almost removed from the automotive landscape. In 1979, Porsche had made plans to replace the 911 with the new 928. The working logic was that the 911 was too quirky, impractical, and a bit of a handful. Porsche executives figured it just made good sense to swap it with something that had a broader appeal, especially as the company’s finances weren’t looking particularly robust at the time.

However, in 1981, Porsche AG found itself with a new chief executive — a German-born American named Peter Schutz. And he was having absolutely none of that nonsense.  (Read More…)

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