Chrysler Names Ex-Toyota Executive as President
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Jim Press, who was president and chief operating officer of Toyota North America, joins Tom LaSorda as a vice chairman and president at Chrysler.
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Retailer Kmart Holding (KMRT) has appointed Aylwin Lewis, formerly an executive at restaurant operator Yum Brands (YUM), as its chief executive and president.
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DETROIT -- Chrysler pulled off a major coup Thursday, hiring away the highly-regarded Jim Press, Toyota's top North American executive, to run its sales and marketing operations.
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Chryslerâs chief executive indicated it might be weeks or months before the automakerâs future can be determined.
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Chrysler Group should end 2006 with a   higher market share than it held during the earlier months of   what has been a "difficult" year marked by declining sales and   market share, a senior executive said on Wednesday.
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The president and chief executive of French auto group PSA Peugeot Citroen, Jean-Martin Folz, intends to retire in the first quarter of next year, the company has said.
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Buyout firm Cerberus Capital  Management LP  has hired Chrysler&#39;s former chief  operating officer to advise it on a possible bid for the U.S.  carmaker, the Financial Times reported on Wednesday.
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SHANGHAI, Sept. 7 -- Chrysler lured its second high-profile executive in as many days, appointing SAIC Motor's Phil Murtaugh as chief executive of its Asian operations Friday.
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Car makers are embracing fuel-efficient vehicles and bringing a new perspective to energy challenges, the chairman of the firm that bought an 80 percent stake in Chrysler said Wednesday.
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By Kyodo News International, Tokyo  Mar. 6--GENEVA -- Toyota Motor Corp. President Katsuaki Watanabe on  Monday denied that his company has plans to buy out DaimlerChrysler AG's  Chrysler division.
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SHANGHAI, China -- Chrysler lured its second high-profile executive in as many days, appointing SAIC Motor Corp.'s Phil Murtaugh as chief executive of its Asian operations Friday.
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PepsiCo said that its board had elected its chief executive, Indra K. Nooyi, to succeed Steven S. Reinemund as chairman when he retires in May.
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Katsuaki Watanabe, the least-known Toyota president in years, has been raising his profile as head of a company that may soon supplant G.M. as the worldÂs biggest automaker.
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The chief executive of DaimlerChrysler  (DCXGn.DE), Dieter Zetsche, said it would be difficult to break  up Chrysler, as analysts and other experts have speculated  recently, due to an integrated production system that binds  together its various brands, The New York Times said.
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August A. Busch IV will become president and chief executive of Anheuser-Busch, in a move that puts a Busch family member back in charge of the company.
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Bleach and household products maker   Clorox Co. CLX.N on Wednesday named Donald Knauss, the   departing president of Coca-Cola Co.'s KO.N North American   operations, as chairman and chief executive, effective October.
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DaimlerChrysler  is looking towards a rosy future after the sale of its U.S. arm Chrysler, the car maker's chief executive told a German newspaper.