General Motors CEO Ed Whitacre will step down Sept. 1, with GM board member Dan Akerson becoming the fourth GM chief in two years. Whitacre, 68, will stay on as chairman until the end of the year. UPDATE.
GM CEO Ed Whitacre reassures everyone he knows less about cars than Ford CEO Alan Mulally when responding to a question about GM selling a minivan during yesterday's Center For Automotive Research Management Briefing Seminar. [@DavidShepardson]
No enlightenment about Saab's future moments ago in the press conference officially anointing Ed Whitacre, Jr. as GM CEO. What new news was there in the 15-minute press conference? Whitacre will basically be commuting from Texas to Detroit.
The LA Auto Show keynote address wasn't supposed to be important, it was supposed to be Fritz Henderson. However, things changed last night. So everyone is here, listening to Lutz not talk about Fritz Henderson. Except he did. A little
GM's new chairman Ed Whitacre first made a splash pointlessly starring in a new GM commercial. Now GM's been forced to send out a release about an unimportant speech the Chief Self-Promotional Officer's giving at Texas Lutheran University.
