Hirings/Firings/Layoffs

Taking charge of a major corporation will never be without its challenges, and one of those – as Honda CEO Takanobu Ito is finding out – is filling the big shoes of those that came before. Ito's predecessors are apparently not pleased with what he's doing to the company, and are ...

General Motors is laying off about 510 workers from two factories beginning in January, and it could be months before the automaker needs some of that latent capacity to come back on line. A combination of poor sales and high dealer inventories are prompting the cutbacks, according to Automotive ...

Luca di Montezemolo may be 67 years old, but he's not quite ready to retire just yet. Not, at least, if the latest reports emanating from Italy are to be believed. According to Reuters, the longtime former Ferrari chief is due to be named chairman of Alitalia. The troubled Italian airline is on ...

"We are excited to see Jim and Stephen take on these new roles as they bring unique skills, experience and fresh perspectives to these critical positions." – Mark Fields Ford marketing chief Jim Farley is taking over the company's troubled European operations as part of an executive ...

Rookie Formula One driver Marcus Ericsson has been given a new lease on his racing life, with Sauber announcing he's been hired for next season. The talented Swedish driver moved up to F1 this season after a promising run up the motor racing ladder. He won the Formula BMW UK and Japanese Formula ...

Holden had a crisis of leadership over the past few years. GM's Australian division had three chief executives in as many years, before Mike Devereux steered it through a period of relative stability for the better part of three years. Devereux was succeeded earlier this year by Gerry Dorizas, but ...

Fiat Chrysler has announced a management change following the company's woeful performance in the latest Consumer Reports Annual Auto Reliability Survey. Of the 28 brands surveyed, FCA's marques occupied the five the seven lowest scores, while Dodge, Ram, Jeep and Fiat were the four lowest ...

There's been a changing of the guard at Lotus recently. The legendary British sports car manufacturer fired its controversial chief executive Dany Bahar and replaced him recently with Jean-Marc Gales. And now it's named a new chief designer. Or rather, renamed its old one to the post. That ...

General Motors' top lawyer, Michael Millikin, will retire in early 2015, the Detroit automaker announced Friday. Calling the move a voluntary decision, Millikin, 66, will stay on until a replacement is found. Millikin, whose career at GM has spanned nearly 37 years, has served in a number of ...

Pickup trucks tend not to advance at quite the same pace as the rest of the industry. That's what makes the new Ford F-150 so remarkable, jettisoning its old steel construction in favor of aluminum. It's a game changer that Ford is betting big on, and in anticipation of surging demand, the Blue ...

Formula One is in for a big shakeup next season, as the only two multiple World Champions on the grid are kicking off a game of musical chairs. Just who will end up where has yet to be figured out, but the overwhelmingly prevailing wisdom has Sebastian Vettel, who has already announced his ...

One of the biggest question marks hovering above the Formula One grid is over the future of two-time world champion Fernando Alonso. Four-time champ Sebastian Vettel is widely believed to be taking his seat at Ferrari next year, but the question everyone's been asking is where Alonso will land. ...

Automakers are increasingly turning to aluminum as a way to cut weight and improve fuel economy. Aluminum was a flammable topic this week, and its use in the 2015 Ford F-150 and potential use in the future Jeep Wrangler ignited controversy. In both cases, it came down to money. Ford stock ...

There's going to be a little bit more Prancing Horse in some future BMWs because the Bavarian brand is hiring Ferrari chief engineer Roberto Fedeli to join the company in November. Fedeli's new position is still somewhat of a mystery though, and he reportedly might be lending his talents to the ...

The end is in sight for Fiat Chrysler boss Sergio Marchionne, who confirmed in an interview with Bloomberg that once FCA's sweeping five-year plan is completed, he'd be stepping down from his post to "undoubtedly" do something else that didn't involve turning around global corporations. That ...

Things are going to look very different in the Formula 1 paddock come 2015. Official word came down from Infiniti Red Bull Racing that Sebastian Vettel, who won four driver's titles while with the energy-infused fizzy drink and marketing company, will be leaving the team after the 2014 season ...

General Motors made a splash earlier this month when it announced it would add wireless hotspots to many vehicles in its 2015 lineup and introduce more advanced technology going forward. It's probably no coincidence, then, that the company recently named its first-ever director of cyber ...

For a fleeting moment a few weeks ago, the news from Saab-owner National Electric Vehicle Sweden appeared almost positive. The company had its reorganization plan approved (a day after it was denied), and the automaker was actually showing a real, running vehicle, albeit one with a top speed of ...

BMW's performance division has been run by Dr. Friedrich Nitschke since 2011, developing, among other products, the new M3 and M4. But soon the good doctor will be retiring, and BMW has just named his successor. Taking Nitschke's place as chairman of BMW M GmbH will be Franciscus van Meel ...

It seems Fiat is bent on bolstering its image as a global automaker, as word has leaked out that the Italian/American conglomerate has chosen to locate its global headquarters in a rather swanky neighborhood in London. According to Bloomberg, the rental location on St. James Street in London's ...