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Ford cuts CEO's compensation 37%
Wed, 25 Mar 2009Ford Motor Co. CEO Alan Mulally earned $13.57 million in total compensation in 2008, a 37 percent decline, as the automaker avoided seeking a federal bailout while posting a record loss. Mulally will take an additional 30 percent cut in salary this year and next as he battles a global financial crisis and the worst U.S.
Mazda Kazamai concept: first pictures
Tue, 15 Jul 2008By Ben Pulman First Official Pictures 15 July 2008 10:42 Mazda will use the August 2008 Moscow motor show to unveil its new crossover concept, the Kazamai. Japanese for ‘swirling crosswinds’, the Kazamai is Mazda’s latest concept car to showcase the company’s Nagare design language. But alongside the wind-inspired looks, the four-wheel drive Kazamai is also said to showcase Mazda’s ‘sustainable zoom-zoom’ strategy, with the company’s latest-generation engine and transmission.
Who's Where: New Design Directors Appointed at PSA
Mon, 21 Dec 2009PSA Peugeot Citroen has announced the appointment of Gilles Vidal to Design Director for Peugeot and Thierry Metroz to fill the Design Director position at Citroën. Both Vidal and Metroz will report to PSA Group Design Director Jean-Pierre Ploué when they start their new roles on January 4, 2010. The Design Director positions at both Peugeot and Citroen have effectively been left vacant since Jean-Pierre Ploue was promoted to lead the Group's design efforts in October 2008.