DETROIT (Reuters) – Mary Barra, the next CEO of General Motors Co (GM.N: Quote, Profile, Research, Stock Buzz), sent a powerful message to colleagues last year when she challenged about 250 designers and engineers at GM’s Vehicle Engineering Center – to a paper sailboat race.
“She wanted them to have fun at a highly stressful time, but also encourage teamwork and collaboration … to show that’s how we run our business on a global basis,” said John Calabrese, GM’s vice president of global engineering.
DETROIT (Reuters) – General Motors Co (GM.N: Quote, Profile, Research, Stock Buzz) named a new chief executive, Ford Motor Co (F.N: Quote, Profile, Research, Stock Buzz) kept its old leader and Chrysler Group LLC’s CEO averted a divisive public offering. And that was just in the last 30 days.
This year is shaping up as a test of leadership at GM, Ford and Chrysler, five years after the U.S. auto industry’s searing restructuring. While the risks ahead are no longer life-threatening, how the companies respond will set their direction for years to come and signal whether the lessons of the financial crisis were embedded deeply enough.
DETROIT (Reuters) – General Motors Co (GM.N: Quote, Profile, Research, Stock Buzz) will not mind if its new GMC Canyon steps on the toes of its larger cousin the Chevrolet Silverado, as long as the redesigned mid-sized pickup truck stomps on vehicle sales by other automakers.
Executives at the No. 1 U.S. automaker are counting on the 2015 Canyon pickup when it debuts in the fall to be a “true conquest machine” that will attract full-size truck owners from rival brands. Target buyers include those who want something smaller and people who currently drive crossover vehicles but want the utility of a truck.
DETROIT, Jan 10 (Reuters) – With automakers’ demand for
aluminum growing explosively as they seek to improve fuel
efficiency, aluminum providers are selling out their automotive
capacity almost as fast as they can build new plants, raising
the question of whether some car makers could be caught short in
The U.S. market for aluminum sheet is expected to be up
fivefold this year from 2012 with the development of vehicles
like Ford Motor Co’s next generation F-150 full-size
pickup truck, a more aluminum intensive model that will be shown
Monday at the Detroit auto show.
DETROIT (Reuters) – Chrysler Group LLC on Friday said that late-month snow and ice storms pressured U.S. auto sales, causing the industry to show only a 1 percent gain over last year, missing expectations of a 4 percent increase.
“It looks like the bad weather kept the sales penned in,” said Chrysler spokesman Ralph Kisiel.