General Motors' President on GM's Global Potential

A GM event intended to show off the 2015 Corvette Z06 gave media members an opportunity to talk to several senior executives, including GM's new president, Dan Ammann. Shortly before he spoke to reporters, Ammann posed for photos with GM North America chief Alan Batey and product chief Mark Reuss. Photo credit: General Motors.

Major auto shows present unique opportunities to get up close with senior executives from the big automakers. Many of these folks are rarely available for media interviews, but -- when they are -- they can offer fascinating insights into the thinking behind their companies' new products and major initiatives.

We -- The Motley Fool's John Rosevear and Rex Moore -- were at the North American International Auto Show in Detroit in January. While there, we had conversations with several big-name executives -- including Ford  (NYSE: F  ) CEO Alan Mulally and Chief Operating Officer Mark Fields, and General Motors'  (NYSE: GM  ) Bob Ferguson, the executive who runs GM's Cadillac luxury brand.

Aside from Cadillac's leaders, GM executives were scarce at the show -- but a few big names turned out to watch the unveiling of the latest hot Corvette, the 2015 Corvette Z06. One of those was Dan Ammann, who took over as GM's new president in January. Ammann, a former Wall Street banker who had previously served as GM's chief financial officer, is known to be a "car guy" -- and a fan of high-performance Corvettes. We weren't surprised to see him at this event, and we rushed to listen in when he stayed to give brief remarks to the media afterwards.

Ammann may be a Corvette fan, but in his conversations with the media after the new Vette was revealed, the talk quickly turned to GM's ongoing corporate overhaul. In this short video, shot right on the show floor, you'll hear Ammann talk about how GM is moving to streamline its global operations -- moves that should improve GM's profits and the quality of its vehicles.

It's not too late: The Motley Fool's Top Stock for 2014
There's a huge difference between a good stock and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2872862, ~/Articles/ArticleHandler.aspx, 10/21/2014 11:31:56 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement