Chrysler Hires Top Executive From Toyota
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James E. Press, the American car executive who helped build Toyota Motor into an automotive powerhouse that brought only pain to Detroit, yesterday was named a president and vice chairman at Chrysler.
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CSM Worldwide, an automotive market forecasting group, is predicting that Toyota will replace Chrysler Group as one of the US&#39;s Big Three automakers -- by 2009.
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SILVERSTONE, England: Italian Jarno Trulli is expected to be confirmed as a Toyota driver today after leaving the Renault Formula One team three races before the end of the season.
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Insurance broker Willis Group Holdings Ltd. (WSH) on Monday said it hired a top executive from embattled rival Marsh &amp; McLennan Cos.
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VANCE, Ala.  - Cerberus Capital Management LP  is on track to conclude its $7.4 billion acquisition of Chrysler Group, DaimlerChrysler Chief Executive Dieter Zetsche said on Wednesday.
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LONDON -- Sony Ericsson Mobile Communications named Hideki Komiyama as its new top executive Tuesday as it announced that Miles Flint will step down for personal reasons.
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ChryslerÂs top sales executive, Joe Eberhardt, is leaving to take a retail position at the American operation of Mercedes-Benz.
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Citigroup Inc. C.N appointed Sallie  Krawcheck as its No. 2 executive on Monday in a surprise  management shuffle designed to cultivate a new leadership at  the world's largest financial services company.
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LONDON, October 7  - Volkswagen AG (VOW.ETR) has appointed Wolfgang Bernhard, a former Chief Operating Officer at DaimlerChrysler&#39;s Chrysler unit, to turn around the sales of the Volkswagen brand, which accounts for half of the company&#39;s
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Saying heâs not concerned by the level of opposition to Chryslerâs new two-tier wage system, the companyâs new chief executive called the contract âa major step forward.â
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Chrysler Group Chief Executive Tom LaSorda on Friday said that the closing of a $7.4-billion deal for the acquisition of a majority interest in the automaker from German parent DaimlerChrysler AG  is "very, very close."
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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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Chrysler LLC on Thursday named longtime Toyota Motor Corp executive Jim Press as vice-chairman and president, a move analysts said showed Chrysler's new private owners were serious about a longer-term turnaround plan for the struggling automaker.
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Ford Motor Co.  announced on  Thursday a shake-up of its top management intended to  streamline vehicle development efforts and bring Chief  Executive Alan Mulally closer to key operations.
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Chrysler is moving to become less reliant on trucks for profits and more competitive internationally with a portfolio of smaller cars, its top executive said yesterday.
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General Motors Corp. won&#39;t offer its top advanced vehicle development job to former Chrysler Group Chief Operating Officer Wolfgang Bernhard but likely will divvy it up instead
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Ford Motor Co. Thursday named Chief Executive Officer Jim Padilla president to succeed Nick Scheele, who is retiring in February. Vice Chairman Allan Gilmour will also retire in February, the automaker announced.