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GM moves Nesbitt back to design group in management shake-up
Tue, 02 Mar 2010General Motors has made big changes to its top management structure, splitting apart its sales and marketing activities and naming new bosses for each discipline. The goal is to reduce layers of management under Mark Reuss, GM's president for North America. Among the key changes: -- Designer Bryan Nesbitt, who was made chief of the Cadillac brand last fall, is going back to the design group.
Fuel-tank probe rekindles old issue
Mon, 06 Sep 2010The placement of fuel tanks on passenger vehicles has changed over the past three decades, and for good reason. Automakers gradually have repositioned the tank to an area in front of the rear axle, generally below the rear passenger seat. Statistically speaking, the tank in that location is less vulnerable in a high-speed, rear-end crash than in the previous location--between the rear bumper and axle.
Porsche CEO likely to bow to pressure to leave, report says
Wed, 22 Jul 2009Porsche CEO Wendelin Wiedeking is likely to bow to pressure from the Porsche family to step down, a German newspaper report said on Wednesday. Business daily Handelsblatt said that the two parties had already reached agreement that the chief executive should go and that a formal decision could come by Thursday, when the company's supervisory board meets. The newspaper also said, however, that Wiedeking would fight to keep his job.