Tom LaSorda named Fisker CEO [UPDATED]
Tom LaSorda, former Chrysler CEO and current Fisker vice chairman, has been named CEO of Fisker Automotive Group.
Tom LaSorda, former Chrysler CEO and current Fisker vice chairman, has been named CEO of Fisker Automotive Group.
Deposed Mercedes-Benz U.S.A. chief Ernst Lieb may be gone, but he won't soon be forgotten. Lieb is suing Benz parent company Daimler for wrongful dismissal, with a German court date scheduled for March, according to Automotive News.
Mercedes-Benz USA has named marketing boss Steve Cannon as its new Chief Executive Officer effective January 1. Automotive News reports that Cannon, who has been with MB for 20 years, is only the second American to hold the post in the luxury brand's long history.
How do you replace the man credited by Time Magazine with managing "the biggest business turnaround of the Great Recession?" That's a very good question, and one that the Ford board of directors is grappling with as company CEO Alan Mulally edges closer to retirement age.
The bankruptcy of Think Global is dragging Ener1 down even more, so an executive shake-up, it seems, is in order.
Here we tell the tale of an executive shake-up of epic proportions.
Tata Motors has announced that its group chief executive officer, Carl-Peter Forster, resigned with immediate effect, only 18 months after joining the company.
As you're probably already aware, Ford CEO Alan Mulally earned well over $26 million last year. Fiat and Chrysler head Sergio Marchionne was next in the ranks of
Fiat has been in a big, fat hurry to increase its stake in Chrysler, as the Italian automaker has managed to increase ownership from 20 percent to 30 percent so far this year. A report out of Automotive News Europe (via Italian newspaper Corriere della Sera) shows that the stakes may rais
Your eyes doth not deceive you: Fiat has a new CEO. But before we get ahead of ourselves, Sergio Marchionne isn't going anywhere. The Italian-Canadian executive mastermind directing both the Fiat and Chrysler groups is not relinquishing his position. But a number of years ago, he did hand over control of the Fiat brand to a subordinate. That position has changed hands a couple of ti
Yesterday, we reported that Volkswagen was planning to name Jonathan Browning as its new CEO of United States operations. At 11:00 AM today, VW did just that – Browning will officially assume the role on October 1st of this year.
Amidst recent rumors, Ducati has officially announced that its CEO of North American operations, Michael Lock, will step down at the end of July to pursue other opportunities.
With the unification of Fiat and Chrysler, we're been expecting major changes in the corporate structure of the two automakers and their various brands. Most recently, Lancia chief executive Olivier Francois was named head of the Chrysler division, leading to reports that the
The man installed by Tata to guide the Jaguar/Land Rover ship, David Smith, has left the company. Smith was the head of finance for Ford Europe, and had helped sell Aston Martin to Dave Richards' group before he assisted in the sale of Jaguar to Tata. He has been the CEO sin
Sergio Marchionne appears to be very well regarded within the auto industry and his work making Fiat a viable automaker has been pretty remarkable overall. Now Marchionne is charged with saving the beleaguered and product-starved Chrysler while also keeping momentum back home in Italy. That's a big job that Marchionne won't be able to do for long. The dualing CEO reportedly said in a speec
Headhunting firm Spencer Stuart is without doubt on the speed-dial lists of bailed-out firms, having placed chairmen, CEOs, Chrysler Group LLC, and board members for AIG, Citigroup Inc., Freddie Mac, Fannie Mae, and GMAC. Then they flew over General Motors so that Ed Whitacre, Jr. could heli-drop in. Now, The Wall Street
Amidst the confirmation that chief executive Sergio Marchionne was splitting off the Dodge Ram truck unit into its own division of the Chrysler Group came the announcement of some executive re-shuffles in Auburn Hills. Among them, Lancia CEO Olivier Francois was appointed head of the Chrysler brand. But according to the latest reports, the sharing of a chief executive is only the ti
Things could hardly have played out worse for Honda. It has poured what surely amounted to billions of dollars for years into its Formula One team with little effect. Then it brought in Ross Brawn, only to withdrew its support from the squad, then it sold the entire operation to Brawn while paying out big bucks to avoid an even bigger severance bill. And only then did Brawn turn the F1 team into a winner. That'd be enough to send some automakers scurrying to get back in the game, but not Honda.