Category: News Site

A Chennai girl’s rise from Madras University to General Motors’s first female CFO

In an industry not exactly known for its diversity, an iconic American carmaker has appointed its first female chief financial officer (CFO). And she’s from Chennai, India. On June 13, General Motors (GM), the maker of Buick, Cadillac, and Chevrolet cars, said that 39-year-old Dhivya Suryadevara will take over as CFO in September. Suryadevara joined… Continue reading A Chennai girl’s rise from Madras University to General Motors’s first female CFO

Mini boss: going electric is a real challenge

Mini is “the most urban car brand” but also one of the hardest to switch to full electric power due to the size of its vehicles, according to boss Peter Schwarzenbauer. Highlighting the upcoming Mini E, which will be built in Oxford from 2019, and the alternative version of the vehicle, which will be produced in… Continue reading Mini boss: going electric is a real challenge

Yves Caracatzanis, the new strongman of AvtoVAZ

As for all the new AvtoVAZ bosses, a surprise awaits Yves Caracatzanis: a huge aquarium installed for ages in the office of CEO at the top of the blue tower overlooking the huge 600-hectare complex of the post-Soviet Toliatti factory. Born in Marseille, married to a Corsican, this frequent visitor of the Island of Beauty… Continue reading Yves Caracatzanis, the new strongman of AvtoVAZ

GM names female CFO, broadening diversity at top

The Detroit News Published 12:07 p.m. ET June 13, 2018 | Updated 7:54 p.m. ET June 13, 2018 Dhivya Suryadevara will be GM’s first female CFO. (GM) (Photo: John F. Martin, John F. Martin for General Motor) General Motors Co. has named its first female chief financial officer, bringing further diversity to the executive ranks of the… Continue reading GM names female CFO, broadening diversity at top

Imported commercial car sales jump 9.8 pct in May

SEOUL, June 14 (Yonhap) — Sales of imported commercial vehicles jumped 9.8 percent last month from a year earlier as such vehicles gained a bigger market share in South Korea, a local automobile association said Thursday. The number of newly registered imported commercial vehicles jumped to 358 units in May from 326 on growing demand… Continue reading Imported commercial car sales jump 9.8 pct in May

Four carmakers to recall over 210,000 vehicles: ministry

SEOUL, June 14 (Yonhap) — Four carmakers will voluntarily recall more than 210,000 vehicles to fix faulty parts, the transport ministry here said Thursday. It is the latest in a series of recalls by carmakers and importers to ensure vehicles meet safety rules. The four carmakers — Kia Motors Corp., GM Korea Co. and Mercedes-Benz… Continue reading Four carmakers to recall over 210,000 vehicles: ministry

Here’s the fake noise the Jaguar I-Pace makes when you hit the throttle

Jaguar’s first all-electric car, the I-Pace, will go on sale a little later this year. But thanks to Roadshow, which is among the press currently attending a “first drive” junket for the I-Pace in Portugal, we now know what the I-Pace sounds like. Picture this. You’re cruising up the Pacific Coast Highway in your shiny… Continue reading Here’s the fake noise the Jaguar I-Pace makes when you hit the throttle

Gary Jones elected next UAW President

Ian Thibodeau, The Detroit News Published 3:32 p.m. ET June 13, 2018 | Updated 4:05 p.m. ET June 13, 2018 Buy Photo Gary Jones listens during officer nominations before he is elected UAW president a the convention at Cobo Center in Detroit on Wednesday, June 13, 2018. (Photo: Todd McInturf, The Detroit News)Buy Photo Detroit… Continue reading Gary Jones elected next UAW President

Ford says fuel cell venture with Daimler will close

DETROIT, June 13 (Reuters) – Ford Motor Co and Daimler AG are winding down a joint venture formed to develop automotive fuel cell technology, Ford said on Wednesday, as both companies plan to take their respective fuel cell technology development in-house. The Automotive Fuel Cell Cooperation Corp venture, based in Burnaby, British Columbia, will close… Continue reading Ford says fuel cell venture with Daimler will close