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dan akerson

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    Report: GM alters Akerson's pay mix because he may retire

    General Motors has tweaked CEO Dan Akerson's pay mix to compensate for the possibility that the 64-year-old executive may retire before his long-term restricted stock vests in three years. Last year, Akerson saw his pay jump by 44 percent to $11.1 million, including $1.99 million in restricted ...

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    Video: GM's Akerson mulling South Korea exit options due to North Korean tensions [w/video]

    Dan Akerson, CEO of General Motors, says his company is making contingency plans to move workers from South Korea should tensions escalate further between that country and North Korea. While speaking in an interview on CNBC's Squawk Box, Akerson said, "We are making contingency plans for the ...

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    Report: VW, Daimler CEOs take pay cuts in 2013, GM's Akerson stays the course

    Amidst slow auto sales in Europe, top executives at both Volkswagen and Daimler AG will be receiving pay cuts in 2013, which comes at the same time as conflicting reports of a possible pay increase for General Motors CEO Dan Akerson (right). According to Automotive News Europe, VW CEO Martin ...

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    Official: GM nets income of $4.9B in 2012, down from $7.9B in 2011

    General Motors released a statement about its income for the 2012 calendar year today, reporting a net income of $4.9 billion and an earnings before interest and tax (EBIT) figure of some $7.9 billion. Per share that breaks down to $2.92, versus net income of $4.58 per share last year. These ...

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    Report: Read an excerpt from Whitacre's book about how he fired Henderson and why Akerson got the job

    It is probably best just to play this down the middle and let you read the excerpt from American Turnaround: Reinventing AT&T and GM and the Way We Do Business in the USA by Ed Whitacre. The author, you'll remember, was the former AT&T CEO who came out of retirement to take the position of ...

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    Auctions: GM CEO Dan Akerson's 1958 Chevrolet Corvette sells at Barrett-Jackson for $270,000 [w/video]

    General Motors CEO Dan Akerson has said his final goodbye to his own personal 1958 Chevrolet Corvette. The car just sold here at the 2013 Barrett-Jackson auction in Scottsdale, with a final gavel price of $270,000 – since 100 percent of the sale price is slated to benefit Habitat for ...

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    Report: GM CEO promises RHD Corvette, international operations boss says otherwise

    Affirmation, clarification, smack-down refutation – that was the order of responses when the issue of a right-hand0drive C7 Corvette came up at the Detroit Auto Show. When an Australian news outlet asked General Motors CEO Dan Akerson whether the new Stingray would get an RHD version, he ...

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    Video: GM's Ed Welburn brings vintage Corvettes by Jay Leno's Garage

    There're still a couple more weeks until we get our first official look at the next generation of the Chevrolet Corvette with the all-new C7, but Ed Welburn, Vice President of General Motors Global Design, recently hung out with Jay Leno to show off a quartet of classic 'Vettes of historic ...

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    GM builds prototype handcycles for wounded vets [w/video]

    Chevrolet and students from Michigan Technological University have teamed up to build some prototype hand cycles, designed to allow wounded veterans to compete in racing events. Three-wheel hand cycles have proven useful for amputee or other seriously injured athletes in the past, as the design ...

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    Report: Chevy Malibu to get early refresh to combat slow sales, poor reviews

    We don't have to look much further than the 2013 Ford Fusion as proof that family cars should no longer be boring to look at, and after apparently taking some heat for the redesign of the 2013 Chevrolet Malibu, Chevrolet is reportedly preparing an emergency redesign of its midsize sedan in a ...

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    Opinion: How Detroit is being dragged down by the ills of Europe

    Big Three Bracing For Bad News From Overseas Folks in Detroit could be in for some bad news in a few weeks, and that has nothing to do with who they're planning to vote for in the upcoming election. In fact, General Motors and Ford will be rolling out their third-quarter earnings just in time ...

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    Report: GM headed for another big overhaul?

    We talk a lot about global platforms and global powertrains, but the truly global corporation is much stronger in idea than in practice. General Motors CEO Dan Akerson is the latest to take a stab at creating a truly international company, preparing to stir up the entire organization with ...

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    Auctions: Akerson auctioning off personal 1958 Corvette for charity [w/video]

    Dan Akerson will be taking a final parade lap at this weekend's Woodward Dream Cruise. No, much to the chagrin of the punditry, he's not stepping down as CEO of General Motors, just driving his 1958 Chevrolet Corvette for the last time before sending it off to auction for charity. Akerson's ...

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    Report: CEO Akerson buys over $500K in GM stock

    You have to feel for Dan Akerson. Not only is the guy stuck parking his Chevrolet Volt at the country club next to all those 500-plus-horsepower tarmac terrors from Audi, BMW and Mercedes-Benz, but he's woefully underpaid. So what's the General Motors Chaiman and CEO to do? Take matters into his ...

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    Report: Akerson: GM Marketing a group effort

    Joel Ewanick split, and many suspected he was forced out the door of the Renaissance Center by General Motors Chairman and CEO Dan Akerson. We may never know if the move was a result of anger in the boardroom, but Akerson took the time during GM's quarterly earnings conference call to point out ...

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    Official: Opel turnaround architect Girsky steps in as interim GM of Europe boss

    Europe is a mess. The French auto industry is doing its best imitation of 1980s-era Flint, Michigan, Mitsubishi just sold an assembly plant for a single euro and pundits are calling for Ford and General Motors to just bail on the whole continent, where sales are dropping at an alarming ...

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    Report: GM sits down with Facebook, may friend each other again

    General Motors and Facebook have restarted talks. According to, Joel Ewanick, GM's head of global marketing, and Facebook global head of sales Carolyn Everson recently met during the Cannes Lions Festival of Creativity in France. Those conversations eventually led to talks between GM ...

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    Report: GM may suggest pension buyouts to UAW

    General Motors CEO Dan Akerson said the company may offer buyouts to United Autos Workers members before it negotiates a new contract in 2015. "We can bring it up," Akerson said Tuesday before GM's annual meeting, according to The New York Times. "I'm not saying we're going to do it, but it's ...

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    Report: GM Europe headed for another restructuring after disappointing losses

    General Motors is having a hard time nailing down its European operations. The automaker reported its first-quarter earnings slid by $1 billion, down from $3.2 billion in the first quarter of last year. The drop was partially attributable to a one-time loss that included changes in accounting for ...

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    Report: Could Mary Barra be GM's first female CEO?

    General Motors CEO Dan Akerson has been quoted as saying Mary Barra is on the list of his potential successors. Akerson has been adamant about the fact that the next head honcho for General Motors should come from within the automaker's ranks. Reuters reports the executive believes it is crucial ...


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