eGMCarTech (Free subscription) | 11/20/2009
... and to get what we thought was one of two or three best management teams in the world.” Former CEO Bob Nardelli left the company along with Tom LaSorda. Jim Press will leave by the end of the month. Chrysler had no comment on Rattner’s remarks. - By: Omar Rana Source: Detroit News
The Truth About Cars (Free subscription) | 11/16/2009
The “Two-Mode” hybrid system jointly developed by GM, Chrysler, Daimler and BMW is turning out to be quite the albatross. Chrysler’s Two-mode Durango and Aspen were discontinued before Bob Nardelli had the chance to drive one to last year’s bailout hearings. GM’s hybrid Escalade has been dead in the water, and BMW and Mercedes have [...]
Zada News (Free subscription) | 11/13/2009
Blake took over the helm at the Home Depot earlier this month, replacing Bob Nardelli, who left amid shareholder criticism over his pay and the company’s stagnant stock price. [1] This earnings season comes with no small amount of jitters as the recession has deepened throughout the quarter, with the economy shrinking an estimated 4.5 percent. [...]
Adland (Free subscription) | 11/11/2009
... Chrysler from February 2010." As one commenter put it, they're "Another victim of the Bob Nardelli factor. Never before has a man been paid so much to accomplish so little." to which another quipped : "how does this man continue to find work? that's two companies he's practically single-handedly run into the ground. huh. now that i think of it... would love to see him...
Climate Progress (Free subscription) | 11/10/2009
... So the plans to become a leader in the electric vehicles market introduced under pre-bailout CEO Bob Nardelli seemed like a welcome change of direction for this old industrial giant. However, Chrysler’s new CEO Sergio Marchionne, who took leadership of the company after the government-brokered merger with Fiat, is himself personally skeptical of electric vehicles, stating that E.V.’s will...
Wheel Industry (Free subscription) | 11/02/2009
... response when asked whether he would cut his salary to $1, like GM’s Rick Wagoner and Chrysler’s Bob Nardelli. “I think I’m okay where I am,” Mulally replied. He earned $4.9 million in salary bonus and benefits, plus stock options valued at $8.7 million, last year. Of course, Ford was okay where it was at, last year. It turned down federal loan guarantees — reserving the right to ask for...
