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Two top Ford execs to retire
Thu, 09 Feb 2012Two top Ford Motor Co. executives, CFO Lewis Booth and global product development chief Derrick Kuzak-- both key architects of the automaker's recovery--will retire on April 1, the automaker said Thursday. Booth, 63, will be succeeded by Bob Shanks, Ford's vice president and controller.
Hyundai names former GM exec Shannon as U.S. marketing boss
Thu, 07 Apr 2011Hyundai has tapped a General Motors veteran as its new U.S. marketing chief, filling a spot that has sat empty for more than seven months. Steve Shannon was named vice president of marketing for Hyundai Motor America on Wednesday and will officially take his position on April 18, Hyundai spokesman Chris Hosford said.
Subaru Impreza Diesel delayed for UK
Wed, 24 Dec 2008Update 2/9/09: Finally, Subaru has announced that the Subaru Impreza Diesel will be coming to the UK, starting at £20,000 OTD for the 2.0D RC. It does get difficult when markets go mad, and currencies fall out of the normal range of values, for none more than the big car manufacturers whose products are sold around the world. The Japanese are really struggling with this at the moment, as the Yen has remained strong in relation to many western currencies, in particular the Pound.