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REPORT: Chrysler working to skirt federally-manded $500,000 executive salary cap
As previously reported, once Chrysler dipped its beak into the Federal coffers, the top 25 executive salaries would be capped at $500,000 per year. However, it seems the bankrupt automaker's new parent has found a way around the salary limitation by making the senior Chrysler officers Fiat employees. ABC News dug through the Chrysler's bankruptcy documents and found "Any such seconded officer may receive supplemental employment compensation from Fiat ... notwithstanding any 'cap' on compensation payable to such officer ... under any Law, rule ... Read more →
Fritz gets promoted to GM president and COO Dan Roth
General Motors has reintroduced the position of President and Chief Operating Officer with the naming of Fritz Henderson to the post by Rick Wagoner. Henderson's move up from Vice Chairman and Chief ...
Report: Mercedes releases Alonso Noah Joseph
'You don't want us, and we don't want you.' That seems to be the consensus at Mercedes-Benz regarding Fernando Alonso, who has openly stated his displeasure over the course of the season with ...
Toyota's Jim Press named Auto Industry Exec of the Year John Neff
Jim Press, the president of Toyota Motor North America (TMA), has been announced as the recipient of this year's 2007 Automotive Industry Executive of the Year award, which surprisingly marks the ...
Ford announces corporate realignment John Neff
Not long after we told you about the likely promotion of Derrick Kuzak to the role of global Car Czar, President and CEO of Ford Alan Mulally officially announced his corporate realignment plan. At ...
Featured:First Drive:Iacocca 45th Anniversary Edition Ford Mustang is one sterling 'Stang
Breaking:Toyko 2009 Preview: Toyota FT-86 Concept brings back the Hachi-Roku-
Officially Official: Dodge splits off Ram brand with new exec appointments -
Honda Chief: "Hyundai is awesome." -
By The Numbers - September 2009: Post C4C, We're All Alright Edition -
Green:AltCar 2009: Touring the show with the Governator
Breaking news:
- Spyker Tries Again: Submits 11th-hour, 11-point bid for Saab BREAKING: Swedish Patient Succumbs - Deal for Saab is dead on the table, GM to wind down brand Confirmed: 2011 Ford Mustang GT to offer 412-horsepower 5.0-liter V8 Officially Official: VW and Suzuki tie the knot BREAKING: Whitacre to shakeup GM management, put Lutz in product planning [UPDATE: Confirmed]
Slummin' it: Chrysler execs testing used vehicles 3 years ago on Autoblog
Thinking that top executives had perhaps gotten out of touch with what the real world buyer of their cars is experiencing, Chrysler CEO Tom LaSorda is sending 250 top executives out to test drive some used cars. He has them driving three-year-old DaimlerChrysler products because he wants them to ...
Volvo XC90 Executive ups the luxury ante in Europe 3 years ago on Autoblog
The 2007 Volvo XC90 received a number of enhancements for the 2007 MY, including an ever-so-slight refreshening and a new six-cylinder inline engine. Volvo is introducing a range-topping Executive model that adds chrome and silver trim on the exterior along with large 19-inch wheels, contrasting ...
GM building "strike bank" in preparation for Delphi walk-out 3 years ago on Autoblog
Rick Wagoner, embattled head of General Motors, appeared on CBS's "Face the Nation" Sunday morning news program, and confessed that GM is stockpiling parts and complete vehicles in an attempt to protect the automaker in case its spin-off supplier Delphi decides to strike. Indeed, this ...
Bill Ford named Auto Exec of the Year 3 years ago on Autoblog
Sure, the North American wing of his company may be floundering a bit, but Bill Ford’s frankness in the face of financial hardship has won him the honor of being named the 2006 Automotive Industry Exec of the Year. The Automotive Industry Action Group and DNV, a management systems ...
Bill Ford's compensation falls 40 percent to $13.3M 3 years ago on Autoblog
Ford Motor released details of its executive compensation Friday, as part of its 2006 proxy statement to the Securities and Exchange Commission. At the top of the list is chairman and CEO Bill Ford, whose 2005 total compensation took a big hit, falling 40 percent to $13,298,279. In all fairness, ...
Autoblog Podcast #157: Mike Levine trucks along with us.
Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too!
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