Autoblog http://www.autoblog.com Autoblog http://www.blogsmithmedia.com/www.autoblog.com/media/feedlogo.gif Autoblog http://www.autoblog.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Telesto Ventures' bid for GM's Saturn division thick with Chrysler talent]]>http://www.autoblog.com/2009/05/29/telesto-ventures-bid-for-gms-saturn-division-thick-with-chrysl/http://www.autoblog.com/2009/05/29/telesto-ventures-bid-for-gms-saturn-division-thick-with-chrysl/http://www.autoblog.com/2009/05/29/telesto-ventures-bid-for-gms-saturn-division-thick-with-chrysl/#commentsFiled under: , ,

The General Motors appendage known as Saturn is scheduled to be scalpeled off sooner rather than later. What happens to the mass once it has been removed from its host is still uncertain, though there are apparently groups interested in the shiny metal entrails. GM has reportedly whittled the roster of buyers it might let Saturn go to down to two or three, says a source at The Detroit News. One of the few that hasn't been culled is Telesto Ventures, which has put its auto team together.

Heavy with ex-Chrysler people, Telesto's group counts former design head Tom Gale (right) among its numbers. The ex-Auburn-Hillers bring big experience to Telesto's attempt to snag Saturn from among the small pool of bidders, and the group believes that Saturn under the leadership of Telesto's team can have a significant effect on the auto industry. It's not yet clear who's got the most attractive bid for Chrysler, and Telesto's got to compete with the likes of Roger Penske and Magna - the latter of which apparently already has the inside track on Opel.

[Source: Detroit News | Image: Jeff Kowalski/AFP/Getty]

Telesto Ventures' bid for GM's Saturn division thick with Chrysler talent originally appeared on Autoblog on Fri, 29 May 2009 17:58:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>ChryslerSaturnTelesto venturesTelestoVenturesTom GaleTomGaleFri, 29 May 2009 17:58:00 EST http://www.autoblog.com/feed/19049923/article-comments.xml http://www.autoblog.com/feed/2009/05/29/telesto-ventures-bid-for-gms-saturn-division-thick-with-chrysl/19049923/article-detail.xml 19049923 http://www.blogcdn.com/www.autoblog.com/media/2009/05/tom-gale-overhead-chrysler-250_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2009/05/tom-gale-overhead-chrysler-250.jpg <![CDATA[Wolfgang Bernhard to become chairman of Chrysler Group]]>http://www.autoblog.com/2007/07/26/wolfgang-bernhard-to-become-chairman-of-chrysler-group/http://www.autoblog.com/2007/07/26/wolfgang-bernhard-to-become-chairman-of-chrysler-group/http://www.autoblog.com/2007/07/26/wolfgang-bernhard-to-become-chairman-of-chrysler-group/#commentsFiled under: , ,



According to a German magazine referenced by Automotive News, Wolfgang Bernhard is expected to be announced as the Chrysler Group's chairman-in-waiting, pending DaimlerChrysler's sale of the automaker to Cerberus Capital Management. Currently Bernhard is an acting advisor, a consultant if you will, for Cerberus, and spends his days at Chrysler's Auburn Hills headquarters, presumably gathering info for Cerberus on what aspects of the business need the German exec's magic touch the most. When the sale happens and Bernhard officially moves in, the speculation is that current CEO Tom LaSorda will remain in his position and likely report to Bernhard.

Bernhard was formerly VW's brand chief, and before that he worked for Chrysler immediately following the "merger of equals" that resulted in DaimlerChrysler. Other former Chrysler execs are also advising Cerberus at the moment according to Automotive News, including the company's well respected former design chief Tom Gale. Hopefully the news of Bernhard's official return, when it comes, will portend the return of other key Chrysler execs that can aid the company's turnaround efforts.

[Source: Automotive News - sub. req'd]

Wolfgang Bernhard to become chairman of Chrysler Group originally appeared on Autoblog on Thu, 26 Jul 2007 12:38:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>bernhardcerberuscerberus capital managementCerberusCapitalManagementchairmanchryslerchrysler groupChryslerGroupdaimlerchryslerexpire-images:2008-7-25tom galetom lasordaTomGaleTomLasordawolfgangwolfgang bernhardWolfgangBernhardThu, 26 Jul 2007 12:38:00 EST http://www.autoblog.com/feed/950117/article-comments.xml http://www.autoblog.com/feed/2007/07/26/wolfgang-bernhard-to-become-chairman-of-chrysler-group/950117/article-detail.xml 950117 http://www.blogcdn.com/www.autoblog.com/media/2007/07/72428770_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2007/07/72428770.jpg <![CDATA[Former Chrysler design god Tom Gale joins Cerberus advisory team]]>http://www.autoblog.com/2007/06/18/former-chrysler-design-god-tom-gale-joins-cerberus-advisory-team/http://www.autoblog.com/2007/06/18/former-chrysler-design-god-tom-gale-joins-cerberus-advisory-team/http://www.autoblog.com/2007/06/18/former-chrysler-design-god-tom-gale-joins-cerberus-advisory-team/#commentsFiled under: ,



Looks like Cerberus is getting the Chrysler band back together. Automotive News reports (sub. required) that the latest former Chrysler exec to come back is Tom Gale. You probably remember Gale as the force behind Chrysler's design revival in the 90s. Motor Trend recently called Gale "The man who helped Motown find its Mojo," which is hard to argue with when Gale is credited with bringing to life the Viper, Prowler, PT Cruiser and 300M.

This should be big news for anyone doubting the buyout by Cerberus. Gale is no bean counter brought in to cut the company to the bone. Gale is one of us. He's a car guy and hot rodder who started at Chrysler in 1968 as an engineer then moved into design. This is a very good sign for the new Chrysler and points to the possibility of amazing products in its future.

In fact, in Motor Trend's article (which is definitely worth a read, btw), Gale has a seemingly prescient quote.

"When you get the opportunity to be head of design, you should always try to get your company to the point where you're being proactive and the others have to react to what you're doing. That gets you design leadership. It's not something you can just proclaim; it's something you have to earn."

Welcome back, Tom. We can't wait to see what's up your sleeve.

[Sources: Automotive News, Motor Trend]

Former Chrysler design god Tom Gale joins Cerberus advisory team originally appeared on Autoblog on Mon, 18 Jun 2007 20:03:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>cerberus chryslercerberus chrysler advisorscerberus chrysler galecerberus chrysler hires tom galecerberus chrysler managementcerberus chrysler teamcerberus chrysler tom galeCerberusChryslerCerberusChryslerAdvisorsCerberusChryslerGaleCerberusChryslerHiresTomGaleCerberusChryslerManagementCerberusChryslerTeamCerberusChryslerTomGalechryslergale cerberus chryslerGaleCerberusChryslertom galetom gale back at chryslertom gale cerberus chryslertom game chryslerTomGaleTomGaleBackAtChryslerTomGaleCerberusChryslerTomGameChryslerMon, 18 Jun 2007 20:03:00 EST http://www.autoblog.com/feed/920269/article-comments.xml http://www.autoblog.com/feed/2007/06/18/former-chrysler-design-god-tom-gale-joins-cerberus-advisory-team/920269/article-detail.xml 920269 http://www.blogcdn.com/www.autoblog.com/media/2007/06/tomgale2_thumbnail.jpg http://www.blogcdn.com/www.autoblog.com/media/2007/06/tomgale2.jpg -1 2