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General Motors' R&D chief Larry Burns, PR boss Steve Harris set to retire

General Motors, following through with plans to shake up management after exiting bankruptcy, said r&d chief Larry Burns and public relations boss Steve Harris will retire. Burns, 58, will be replaced by Alan Taub. Harris, who came out of retirement more than three years ago, will yield his job to Chris Preuss, 43, vice president in charge of General Motors Europe communications.

Akio Toyoda waves family flag, heir makes crisis personal challenge

The reclusive Akio Toyoda is taking the rare step of waving the family flag, as the scion to Toyota Motor Corp.’s founding dynasty tries to steer the world’s largest car company out of a spiraling safety crisis. In testimony prepared for the House Oversight and Government Reform Committee, President Toyoda pursues a rare personal tack on the emergency, saying “my name is on every car.” “As you well know, I am the grandson of the founder, and all the Toyota vehicles bear my name,” Toyoda says in prepared comments circulated ahead of Wednesday’s committee hearing in Washington. “For me, when the cars are damaged, it is as though I am as well.” The intimate reflection is a departure for Toyoda, who has spent most of his career sidestepping public discussion of his lineage.

Schumacher’s Back!

Michael Schumacher is returning to F1 to drive for the rest of the season For someone as competitive as Schumacher it must have been a hard decision. Michael always gave 11/10ths as an F1 driver, and you can’t believe for one minute that he’s coming back just to make up the numbers. He must feel he still has what it takes to win.