Tom Lasorda Named New Fisker CEO

Tom Lasorda Named New Fisker CEO
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Fisker Automotive announced today that former Chrysler head Tom LaSorda will replace the company’s namesake, Henrik Fisker, as the new CEO. Fisker first called LaSorda to join the team as an observer and to assess the company as a whole. After two months of evaluation,He asked LaSorda to become CEO. Fisker meanwhile announced his intent to “build… Continue Reading...

Report: Chrysler Deputy CEO Jim Press to Leave By Year’s End

Report: Chrysler Deputy CEO Jim Press to Leave By Year’s End
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Chrysler’s deputy CEO Jim Press is planning to quit his post before the year’s end, reports the Wall Street Journal. Press took the helm of Chrysler in 2007 when Cerberus Capital Management took a controlling share in the company. He moved to the position after a lengthy 37-year career at Toyota Motor Corp. When Chrysler… Continue Reading...

Former Chrysler President Tom LaSorda to Advise Penske on Saturn Purchase

Former Chrysler President Tom LaSorda to Advise Penske on Saturn Purchase
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The possibility that Penske Automotive Group may in fact purchase the Saturn brand from General Motors has just increased significantly. Penske has acquired the services of former Chrysler President Tom LaSorda as an adviser on the bid. Penske is the second largest dealership group in the U.S. and also distributes the SMART brand of cars… Continue Reading...

Before Bankruptcy Chrysler Tried to Sell to Chinese, Partner with Everyone

Before Bankruptcy Chrysler Tried to Sell to Chinese, Partner with Everyone
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Before Chrysler filed for Chapter 11 late last week the automaker explored every option, including selling the company to the Chinese and forging partnerships with any other manufacturer that expressed even a remote amount of interest. In public bankruptcy filings, made at the U.S. Bankruptcy Court in New York, Chrysler’s co-president and vice-Chairman Tom LaSorda… Continue Reading...

CAW Burns Nardelli/LaSorda Letter and Responds With Its Own

CAW Burns Nardelli/LaSorda Letter and Responds With Its Own
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The Canadian Auto Workers union, after burning the letter written by Chrysler CEO Bob Nardelli and joint-president Tom Lasorda, has now responded with its own statement. CAW president Ken Lewenza denies that a $19 labor gap exists between Canadian and U.S. workers and refuses to re-negotiate a contract that has already been re-neogotiated.  Lewenza calls the… Continue Reading...

Financial Crisis Not All Bad: Chrysler to Can PT Cruiser

Financial Crisis Not All Bad: Chrysler to Can PT Cruiser
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Despite the fact that the last news article regarding the PT Cruiser on Chrysler media site is titled “PT Cruiser Continues to Shine in 2009,” Chrysler president Tom LaSorda has announced that in an effort to save money the company will cease production of the retro van, car, truck, thing. The news comes after a… Continue Reading...
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