Geneva Auto Show: Ghosn Optimistic About Electric Future
Mar 3, 2010 Object
Carlos Ghosn, chief executive of Nissan and Renault, was at the Geneva auto show promoting his companies’ electric car programs.
View post:
Geneva Auto Show: Ghosn Optimistic About Electric Future
Tags: a-auto-show, auto-show, carlos-ghosn, chief-executive, companies, even-as-car, ghosn, img-alt, scrimping-on-auto
Ferrari chief reportedly admits V6 a possibility
Filed under: Performance, Ferrari
Purists who’ve given up hope with Porsche amidst their sedan and SUV shenanigans aren’t going to like this one bit. After all but completely phasing out even the option of a manual transmission in Ferrari road cars (in favor of robotized sequentials and dual-clutch gearboxes), Ferrari’s management says it can’t rule out the possibility of a V6 in the near future.
The quote comes from Ferrari’s chief executive Amadeo Felisa, who said that while the prospect would have been entirely dismissed as recently as a year ago, today’s climate - in terms of the environment and customer conscience - precludes its being ruled out now. The last time Ferrari built a V6 (also used in Fiats and Lancias) was with the Dino 246 (pictured above) that went out of production in over a quarter century ago. The Dino is, however, fondly remembered as a classic, despite its relatively small engine.
Felisa did, however, rule out the possibility of taking future Ferraris electric-only. The Maranello-based exotic automaker is presently working on a hybrid system.
[Source: Autocar]
Ferrari chief reportedly admits V6 a possibility originally appeared on Autoblog on Tue, 09 Feb 2010 16:28:00 EST. Please see our terms for use of feeds.
Tags: akio toyoda, akiotoyodaapologizes, and-dual-clutch, chief-executive, entry, feeling-it-must, japanese, quarter-century, ruled-out-now, six-cylinderferrari, sixcylinder, v-6, with-the-dino
Hyundai reportedly considering restart of Canadian assembly plant
Feb 4, 2010 Object
Filed under: Plants/Manufacturing, Hyundai, Canada
According to figures from Desrosiers Automotive Consultants, Hyundai commands about 7.5 percent of the automotive market in Canada, which compares rather well with figures of 7% for Honda and 10.1% for Toyota. If Hyundai can manage to match Toyota for Canadian market share, the Korean automaker has said it will consider restarting its plant in Bromont, Quebec, in order to meet demand.
It would seem that Hyundai has reason to be optimistic that it will hit the 10-percent market share goal in Canada. Last year, Hyundai sold 103,000 vehicles in the Great White North, and January sales of 6,084 units outperformed 2009 results by 32 percent. In contrast, sales for both Honda and Toyota were down last year.
Further, Hyundai has a number of new products on the horizon, including the all-new 2011 Sonata midsize sedan - which will also be the automaker’s first-ever hybrid offering - and Elantra compact. According to Canoe.ca, Hyundai Canada President and Chief Executive Steve Kelleher says he expects the company’s auto sales to rise between 3% and 5% this year.
[Source: Canoe.ca]
Hyundai reportedly considering restart of Canadian assembly plant originally appeared on Autoblog on Thu, 04 Feb 2010 08:01:00 EST. Please see our terms for use of feeds.
Tags: automotive, chief-executive, great-white, hyundai, hyundai-sonata, north, products-on-the, start, steve kelleher, stevekelleher, theater
Novartis Investors Cheer Strong Earnings and New CEO
Novartis (NVS) reported a remarkable 54% increase in fourth-quarter net income to $2.3 billion, just slightly below analysts’ expectations of $2.4 billion. The Swiss drugmaker’s net sales also shot up 28% to $12.9 billion, helped by its H1N1 swine flu vaccines. Novartis also announced its new chief executive and a slimmed-down board. Joe Jimenez (left), currently division head of the pharmaceutical business, will replace Daniel Vasella (right) as the company’s new CEO. Vasella, who has led the company since it was formed in 1996 through the merger of Ciba-Geigy and Sandoz Labs, will remain chairman.
Continue reading Novartis Investors Cheer Strong Earnings and New CEO
Novartis Investors Cheer Strong Earnings and New CEO originally appeared on DailyFinance on Tue, 26 Jan 2010 16:29:00.
Filed Under: Company News, Healthcare, Earnings, Novartis
Original post:
Novartis Investors Cheer Strong Earnings and New CEO
Tags: 1996-through, also-announced, cag, chief-executive, clx, daniel-vasella, elililly, entry, filed-under, hnz, news, nvs, results-signal, yahoo-stops
Kelly Kulick Strikes Against Pro Bowling’s Image Crisis
Last weekend, when most sports fans were watching the NFL playoffs, pro bowler Kelly Kulick made history. Kulick is the first woman to win a Lumber Liquidators Pro Bowlers Association tournament. If you hadn’t heard about her feat, you’re not alone. Her obscurity is a testament to the sport’s marketing challenges.
Continue reading Kelly Kulick Strikes Against Pro Bowling’s Image Crisis
Kelly Kulick Strikes Against Pro Bowling’s Image Crisis originally appeared on DailyFinance on Tue, 26 Jan 2010 16:22:00.
Filed Under: Company News, Columns, People
Here is the original:
Kelly Kulick Strikes Against Pro Bowling’s Image Crisis
Tags: against, also-announced, annika sorenstam, bowling, chief-executive, chris barnes, danicapatrick, hnz, image, kelly kulick, kellykulick, liquidators, news, nvs
Saab Story Ends: GM Will Sell to Spyker for $400 Million
After a year-long search, General Motors finally found a buyer for Saab. Spyker Cars, a Dutch sports-car maker, agreed Tuesday to buy the orphaned Swedish unit for $400 million. The offer comprises $74 million in cash and $326 million in preferred shares, GM told reporters during a conference call.
Continue reading Saab Story Ends: GM Will Sell to Spyker for $400 Million
Saab Story Ends: GM Will Sell to Spyker for $400 Million originally appeared on DailyFinance on Tue, 26 Jan 2010 16:10:00.
Filed Under: Company News, Economy, Ford Motor Co., General Motors, Autos
View original post here:
Saab Story Ends: GM Will Sell to Spyker for $400 Million
Tags: a-buyer-for, auto bailout plan, chief-executive, danicapatrick, dutch, edwhitacre, entry, europeaninvestmentbank, offer-comprises, spyker-cars
G.M. Chairman Also Fills Spot as Chief Executive
Jan 25, 2010 Object
Edward E. Whitacre Jr., who had the job on an interim basis after the ouster of Fritz Henderson, will become chief executive on a permanent basis.
Original post:
G.M. Chairman Also Fills Spot as Chief Executive
Tags: a-permanent-basis-, after-the, after-the-ouster, chief-executive, fritz, general-motors, permanent-basis-, the-job, whitacre, edward e jr, will-become
Conglomerate GE Reports 19% Profit Decline, but Beats Estimates
General Electric Co. (GE) on Friday posted a 19-percent drop in fourth-quarter earnings, hurt by lower profits on products like jet engines and continuing troubles in commercial real estate lending.
GE chief executive Jeffery Immelt said that the company saw signs of improvement at the end of the year and that orders for some of its equipment grew in the fourth quarter. But overall revenue still fell 10 percent to $41 billion in the quarter.
Continue reading Conglomerate GE Reports 19% Profit Decline, but Beats Estimates
Conglomerate GE Reports 19% Profit Decline, but Beats Estimates originally appeared on DailyFinance on Fri, 22 Jan 2010 06:45:00.
Filed Under: Company News, Earnings, General Electric
Here is the original:
Conglomerate GE Reports 19% Profit Decline, but Beats Estimates
Tags: 19-percent-drop, chief-executive, news, overall-revenue, quarter, reports, silvercrest, tumbling
Rolls-Royce announces Torsten Mueller as new CEO
Jan 20, 2010 Object
Filed under: Hirings/Firings/Layoffs, BMW, Rolls-Royce, Luxury
Outgoing Rolls-Royce CEO Tom Purves (left) and incoming CEO Torsten M
Tags: a-friend-via, bmw, bugattiveyron, chief-executive, hirings-firings, mueller, mueller-as-new, purves, role, rolls-royce, rolls-royce ceo
Low Profile for Chrysler After a Year of Change
Jan 13, 2010 Object
Sergio Marchionne, the carmaker’s chief executive, said that the company had to endure a fallow period before it could refresh its vehicle lineup.
More here:
Low Profile for Chrysler After a Year of Change
Tags: a-fallow-period, auto-show, automobiles, chief-executive, china, detroit, detroit (mich), fallow-period, fiat spa|fiaty|other-otc, its-vehicle, marchionne, sergio marchionne, the-carmaker, toyota motor corp|tm|nyse
