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Filed under: Euro , Hirings/Firings/Layoffs These are precarious times for European design studios and coachbuilders, with some of the biggest names in the business facing potential closure. Not even Pininfarina is immune, and the storied Italian studio cannot afford to miss a beat. That's why, only days since the tragic death of its CEO Andrea Pininfarina , the company has already announced his successor. Rather than hiring from outside, control of the carrozzeria will pass to Paolo Pininfarina, brother of the late Andrea, son of Sergio and grandson of founder Batista "Pinin" Farina. He is shown here attending the funeral for his brother that took place just yesterday. As we reported earlier today, the company is scheduled to unveil its first new vehicle since the tragedy next week at Pebble Beach : the Rolls-Royce Hyperion . [Source: Automotive News Europe - subs. req'd, Photo by Vittorio Zunino Celotto/Getty] Read | Permalink | Email this | Comments
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Filed under: Etc. , Chrysler Chrysler LLC chief Bob Nardelli is back to work after being laid up with a bad back the past couple of weeks, and here we didn't even know he was hurt. Some bloggers we are. Nardelli's injury didn't require surgery, and the Chrysler CEO worked from home while getting the rest needed to tend to Chrysler's turnaround plan. A Chrysler spokesperson didn't disclose how the injury occurred, but we're guessing the massive weight of the Pentastar's problems would be a hefty strain on anyone's back. [Source: Freep] Read | Permalink | Email this | Comments
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Filed under: Etc. , Porsche , Volkswagen It's far too early to come up with suitable jokes to make, so we'll just give you the facts. According to Germany's Der Spiegel magazine, Police are investigating a case of corporate eavesdropping in the form of a baby monitor that was found in the hotel room of Porsche CEO, Wendelin Wiedeking. Wiedeking was in Wolfsburg, Germany visiting Volkswagen headquarters for a board meeting when a security firm found the monitor behind a sofa in the CEO's room. An investigation is underway, however, it deserves noting that the alleged spying took place in November of last year and that Der Spiegel isn't citing any specific sources for their story. [Source: Forbes ] Read | Permalink | Email this | Comments
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Filed under: Etc. , Ford , Jaguar , Land Rover Geoff Polites, who's stewardship of Land Rover and Jaguar improved the health of both properties, has succumbed after a long illness. Polites led Jaguar and Land Rover back to collective profitability, and kept a steady hand on the helm during the upheaval surrounding the sale to Tata a month ago. While rumors swirled and pundits punned, it was Polites leadership that kept Jaguar and Land Rover on an even keel, with heads down and concentrating, instead of freaking out. Polites spent 40 years in the automotive business, and rose to CEO at Jaguar Land Rover in 2005. Both brands have strong, stylish product portfolios with name cachet, and David Smith, CFO of Jaguar Land Rover will step in as acting CEO for now. Press release after the jump. [Source: Ford] Continue reading Jaguar Land Rover CEO dies Permalink | Email this | Comments
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Filed under: Euro , Hirings/Firings , Alfa Romeo , FIAT You'd be smiling, too... According to emerging reports, Luca De Meo is being appointed as the new chief executive of Alfa Romeo, succeeding Antonio Baravalle who recently announced his departure . De Meo is credited with the recent rejuvenation of the Fiat brand, overseeing the introduction of the enormously successful Grande Punto, followed by the new Bravo and most recently the hot new 500 retro-hatch. The industry was shocked when De Meo stepped down as Fiat brand CEO just a few months ago to assume a new position in the parent company as Chief Marketing Officer for the entire Fiat Group. De Meo will be retaining the marketing position in addition to his new responsibilities as head of Alfa Romeo, while keeping his third post as head of the Abarth division, which he launched during his tenure as Fiat brand CEO. With the new appointment, it becomes all the more clear that Luca De Meo is being groomed to take over from Fiat Group...
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Filed under: Hybrids/Alternative , Green , Hirings/Firings Tesla Motors has been operating with an i nterim CEO since last August when its founder, Martin Eberhard, stepped down as head of the company. Today the start up that promises to herald in a new era of EV motoring (if it can stay on schedule) announced the appointment of a permanent replacement. Ze'ev Drori will now be at the helm of Tesla Motors as it tries to guide the Tesla Roadster through the production process. Drori has a history of turning around small companies, having founded a computer chip company called Monolithic Memories and later running Clifford Electronics, an automobile security system company, until it was bought by Allstate Insurance in 1999. We've always wondered whether that's been the plan for Tesla Motors all along: get the all-electric Tesla Roadster to market, build the brand and sell the technology to the major automaker with the highest bid. Bringing on a guy like Drori lends some credibility...
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Filed under: Frankfurt Auto Show , China , Euro According to UK-based media service Headline Auto, one of the hot rumors flying around the Auto Messe in Frankfurt earlier this morning was that China Automobile , the German importer for Chinese automaker...
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Filed under: Frankfurt Auto Show , SUVs , China , Euro , BMW You might recall a post last week regarding a little tiff between Smart and Shuanghuan, the purveyors of the Noble, a dead ringer for the German firm's fortwo. That vehicle, along with an SUV...
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Filed under: Convertibles , Sports/GTs , Green News of Tesla's co-founder and CEO Martin Eberhard stepping down has been making the rounds in both automotive and tech circles all morning. The gist is that Eberhard will become Tesla's President of Technology...
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