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General Motors names Mary Barra to head global product development
Thu, 20 Jan 2011General Motors named Mary Barra head of global product development on Thursday, succeeding Tom Stephens, who was named global chief technology officer of the automaker on Wednesday. An engineer, Barra, 49, is the first woman to hold the top product development job at GM. Since 2009 she has served as vice president of global human resources for GM--a key post as the automaker restructured and emerged from bankruptcy protection.
Chrysler repays $7.6 billion in outstanding U.S., Canadian loans
Tue, 24 May 2011Chrysler on Tuesday repaid $7.6 billion in loans to the U.S. and Canadian governments, nearly two years after the No. 3 automaker was rescued.
Chrysler's V8 coupe moves closer to production
Mon, 21 Aug 2006By Nick Trott Motor Industry 21 August 2006 00:02 Chrysler's V8 Firepower concept is moving closer to production, thanks to a plan to push the Dodge Viper upmarket, creating a Firepower-shaped gap in Chrysler Group's portfolio. Sources suggest that the 2008 Viper will have a new chassis and an engine co-developed by McLaren, DaimlerChrysler's F1 partner. A precedent for this has already been set.