One is a maverick. The other, a master of the turnaround. But what they share is the belief you can do things better in the auto business.» Read More
DETROIT, April 14- General Motors Co said on Monday that its heads of human resources and communications are leaving "to pursue other interests." John Quattrone, 61, will succeed Melissa Howell, 47, as senior vice president, global human resources.
DETROIT— General Motors is replacing the executives in charge of communications and human resources as it struggles with a string of embarrassing recalls that have led to congressional hearings and federal investigations.
WASHINGTON, April 1- General Motors CEO Mary Barra told a congressional hearing on Tuesday that as far as she knew her predecessor as CEO, Dan Akerson, was not aware of the issue of defective ignition switches that has caused a crisis for the company. Barra, who took over at GM in January, was asked by a lawmaker whether Akerson was aware of the issue.
DETROIT, Feb 11- General Motors Co's new Chairman Theodore "Tim" Solso is not afraid to make edgy and sometimes unpopular decisions, a trait that could come in handy as the No. 1 U.S. automaker seeks to further reinvent itself under new Chief Executive Mary Barra.
DETROIT, Feb 10- General Motors Co's Mary Barra, the auto industry's first female chief executive officer, will be paid $14.4 million in cash and stock this year, 60 percent more than her predecessor, the automaker disclosed on Monday.
DETROIT, Jan 23- General Motors Co's new chief executive, Mary Barra, said on Thursday she has no plans to deviate from predecessor Dan Akerson's strategy as the No. 1 U.S. automaker seeks profitability everywhere it operates.
DETROIT, Jan 23- General Motors Co's new chief executive, Mary Barra, said on Thursday she has no plans to deviate from predecessor Dan Akerson's strategy as GM seeks profitability everywhere it operates.
DETROIT, Jan 17- Mary Barra, General Motors Co's new chief executive officer and the auto industry's first female CEO, will be paid up to $4.4 million in cash and stock compensation this year, GM disclosed in a federal filing on Friday. The cash base salary is $900,000 and he is eligible for $1.125 million under the short-term plan, according to the SEC documents.
DETROIT, Jan 13- General Motors Co on Monday swept the coveted awards handed out each year at the start of the North American International Auto Show in Detroit, claiming the top prize in both the car and truck categories. The milestone came just days before GM is scheduled to make history in another way: On Wednesday, Mary Barra, head of the U.S.
DETROIT, Jan 12- General Motors Co's chief financial officer said on Sunday that the U.S. automaker is close to reintroducing a common stock dividend, but he declined to provide any details on timing.
DETROIT, Jan 12- General Motors Co named a new chief executive, Ford Motor Co kept its old leader and Chrysler Group LLC's CEO averted a divisive public offering. "It's a turn of an era," Xavier Mosquet, senior partner and managing director at Boston Consulting Group, said in an interview.
*GM scales back Peugeot alliance seen as key to Opel. FRANKFURT, Dec 20- A management rejig at General Motors and the scaling back of its alliance with PSA Peugeot Citroen have created fresh uncertainty over the U.S. carmaker's strategy for Opel, just as the European business seemed to have secured a settled future.
DETROIT, Dec 17- A top official with the United Auto Workers said the American labor union wants to eliminate the two-tier wage system that pays new automotive workers at a lower rate than veterans. "The international executive board hates two-tiers," he told reporters at a General Motors Co plant in Flint, Michigan.
*Akerson expects GM's Opel brand to gain in Europe. WASHINGTON, Dec 16- Dan Akerson, who will step down as General Motors Co's chief executive next month, on Monday defended his tenure leading the No. 1 U.S. automaker and said his successor will have to build on the turnaround that he guided.
WASHINGTON, Dec 16- Dan Akerson, General Motors Co's outgoing chief executive, on Monday defended his tenure leading the No. 1 U.S. automaker and said his successor will have to build on the turnaround that he guided.
FLINT, Mich, Dec 16- General Motors Co said on Monday it will invest nearly $1.3 billion at five U.S. plants to make a new transmission and boost output for a planned new engine as well as add a vehicle paint shop.
DETROIT, Dec 16- Every Wednesday, Ford Motor Co's top executives gather before sunrise to work through some of the company's most vexing problems. Mulally, 68, is a top contender to lead Microsoft Corp, according to sources familiar with the software company.
DETROIT, Dec 12- General Motors Co checked off items from its to-do list as the era of a new chief executive approaches, with the automaker announcing on Thursday that it has sold the stake in its former finance arm and in its French auto partner. GM's shares were 7 cents lower at $40.09 in late afternoon trading on the New York Stock Exchange.
DETROIT, Dec 12- Compensation for Mary Barra, who will become General Motors Co chief executive on Jan. 15, has not yet been determined, the automaker said in a U.S. regulatory filing on Thursday. Barra, who is 51 but will turn 52 by the time she takes over as CEO, had total compensation of about $4.9 million in 2012, including a $750,000 cash salary, according to the filing.
*Moves in Europe, Australia clear the decks for new CEO Barra. DETROIT, Dec 11- With General Motors Co in recent days setting in motion big changes around the globe, the focus for new Chief Executive Mary Barra and her team will be making cars and trucks that prove popular enough to help end losses in Europe, analysts said.