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Suzuki Motor has a new president and business plan

Suzuki Motor has a new president and business plan

Japan’s fourth largest automaker, Suzuki Motor, has announced that its 85-year-old chief executive officer Osamu Suzuki has appointed his eldest son, Toshihiro Suzuki, as the new president of the company. The announcement, highly anticipated the shareholders, is a move to appease investor concerns over the automaker’s top management succession plans […]

Report – Suzuki to make leadership change

Report – Suzuki to make leadership change

According to a recent report from the Japanese Nikkei business daily, Suzuki Motor Corp’s Osamu Suzuki – who is the company chief executive officer and chairman – will name his son, Executive Vice President Toshihiro Suzuki as the new president. The appointment, with the father relegating to his son part […]

One Ford strategy doesn’t include mergers, says CEO Fields

One Ford strategy doesn’t include mergers, says CEO Fields

Ford, the second largest US automaker, has no desire to partner with industry consolidation promoter Fiat Chrysler Automobiles, said chief executive officer Mark Fields. The top executive was present on location for the annual “Further With Ford” conference, where Fields responded to questions from reporters saying that just like its […]

FCA CEO backtracks a little on GM merger lobby

FCA CEO backtracks a little on GM merger lobby

According to chief executive officer Sergio Marchionne, Fiat Chrysler Automobiles, the third largest US automaker and the world’s seventh biggest is still a long way from proposing anything to the investors of larger competitor General Motors. Marchionne, a merger expert that managed to unite Italy’s Fiat SpA with its wholly […]

Ford enters the emerging car-sharing field

Ford enters the emerging car-sharing field

The second largest US automaker is ready to prototype new car-sharing programs with U.S. and UK partners in a bid to embrace a strategy that might prepare the company for a world with alternate car ownership features. Ford’s finance is scheduled to initiate pilot car-sharing programs with Getaround in the […]

Former top managers at Porsche SE further charged in Germany

Former top managers at Porsche SE further charged in Germany

Two former senior managers, including the then chief executive officer of Porsche SE, a holding trust, have been further charged by German officials for their alleged implication in the company’s unsuccessful takeover attempt of Volkswagen AG back in 2008. This week the regional court in Stuttgart, where Porsche is headquartered, […]