The last time we heard the name Stephen Odell, it was in connection to a list of possible replacements for current CEO Alan Mulally. While we aren't here to report on the top executive position at Ford, Odell has been tapped as Fredrik Arp's replacement as CEO of Volvo. Arp, who is leaving the automaker for other pursuits, had been serving as Volvo CEO and President since his appointment in October of 2005. Starting in October of this year, Odell will be responsible for leading Volvo towards "sustained profitability", something not seen by the Swedish automaker in quite a while. According to the newly-appointed CEO, the Volvo brand will continue to stand for "safety, environmental concern and its Scandinavian design." Frederik Arp is the third Ford exec outside the U.S. to leave in the last few weeks, following Bill Osborne -- the previous President of Ford Australia -- and Barry Engle, who had been serving as Ford of Canada's top official.
The closer we get to the end of this season and to the start of the next, the clearer the picture will become as to which drivers will be where for the 2009 FIA Formula One World Championship. While his team was undergoing testing alongside its competitors at the Monza track in Italy, Ferrari president Luca di Montezemolo placed one of the bigger pieces in the puzzle in confirming that Kimi Raikkonen and Felipe Massa would both be back in scarlet for next season. Although towards the beginning of the season it was onto Massa's future which doubt was cast, by now the tides have changed in that Kimi's performance has lagged behind his team-mate and it's Raikkonen's future that was being debated in the press. However Montezemolo confirmed that neither driver would be replaced for the coming season.
While in the paddock, Montezemolo also visited former champion Fernando Alonso and current leader Lewis Hamilton, but insisted that Alonso, who has been rumored to be angling for a seat with Ferrari, would have to wait at least a little while longer. Montezemolo also took the opportunity to express his displeasure with the new tracks being mixed into the calendar, stating that because overtaking is so difficult on these new circuits, the winner is often pre-determined in qualifying.
As part of the ongoing numbers game between the Detroit 3, their workers and the UAW, General Motors has plans to offer more early retirement packages to some 9,000 of its white collar (non-unionized and salaried, that is) workers. For those who like to keep track of such things, that number represents about a third of the 27,000 white-collar, non-union workers who call the General their employer. If GM gets its wish, around half of those offered packages will accept and have plenty of time to keep those white collars clean and pressed for their next job interview. Employees offered the package will have 45-days to decide whether or not to accept. Although no real details of the care package have been released, rumor has it that GM has sweetened the pot a bit as compared to previous rounds of attrition by increasing the pension payments for younger workers.
click above to view more high-res pics of the 2008 Jeep Liberty
Employees at Jeep's factory in Toledo, Ohio reported back to work this week after two months of mandatory downtime. The good news is that they still have their jobs; the bad news is that they've been told to expect another four weeks off before the end of the year. This time, however, the shutdowns will be scheduled in week-long intervals instead of covering an entire four-week period. The slowdown of SUV sales has been widely covered and the Jeep brand has not been immune, including its bread-and-butter Wrangler model that had proven extremely popular a short while back when the first-ever four-door version was unveiled. Of course, back then gas was below $3 a gallon. Besides the Wrangler, Jeep also makes the Liberty and Dodge Nitro at the Toledo plant.
Every year towards the end of the season, the world of Formula One racing plays a big game of musical chairs as drivers' contracts come up for renewal and seats open up. Sometimes drivers end up in the same chair they were in before, but this season we've got reason to believe there'll be a big switch. And the key to that switch depends on Fernando Alonso more than anyone else, according to Ross Brawn.
The former Ferrari technical guru and current head of Honda's F1 racing program points towards the lackluster performance of Renault this year as clear evidence that Alonso will seek out a new team. Where he will end up remains a big question mark, however, as almost all the teams would welcome the two-time world champion to their ranks, and would be willing to hold off signing their other drivers until Alonso has sat down.
Bill Osborne, up until yesterday the President of Ford Australia, is not the only non-U.S. Ford exec taking a walk from his responsibilities at the Blue Oval. Ford Motor Co. of Canada Ltd head-honcho Barry Engle (above) has also chosen to leave the company on the exact same day. The coincidences don't end there, as both men took their respective positions just six months ago in February of this year. While we're not yet sure what role Osborne will be stepping into, his counterpart from Canada is headed to Pennsylvania, his home state, to join New Holland Agricultural Equipment SpA as president and CEO. New Holland is a unit of CNH Global NV -- itself controlled by Italian automaker Fiat.
As we said regarding the open position in Australia: "Ford has not announced a replacement, but the new boss will have his or her work cut out as the Australian market adjusts from its high-horsepower diet to more fuel efficient vehicles." Yeah... that's been going around.
After holding the title for just over six months, the President of Ford Australia has resigned and is moving to the United States to "fulfill a career dream." President Bill Osborne, who took the position only in February, insists his departure has nothing to do with the fact that the company just announced 350 jobs will be cut at Victorian plants. Mr. Osborne is mum on where he is heading, although a company spokesperson said it is outside the automotive industry. Ford has not announced a replacement, but the new boss will have his or her work cut out as the Australian market adjusts from its high-horsepower diet to more fuel efficient vehicles. Sounds familiar, doesn't it?
Trevor Creed has decided that being the capo di designi capo for such programs as the Chrysler 300, PT Cruiser, Dodge Challenger, Viper, and Ram, among others, is a satisfactory way to cap a career in design. Creed has spent the past 23 years at Chrysler, and his departure as Vice President of Design on August 31st opens up the slot for Ralph Gillies to step up. Gillies will start his new role as Design Veep September 1st, and he'll answer to Frank Klegon, Executive VP of Product Development.
Hey Frank, get rid of focus grouping, give Ralph a bit more leash to manage a staff that can design a car that actually looks good. As Design Vice President, Gillies will now oversee the Product Design Office, so one imagines that, given the opportunity, there may be a glimmer of hope for righting the horrid wrongs of the Sebring, as long as some of that 2009 Ram mojo is still around.
Once Gillies and team work sheetmetal magic, Andreas Schnell is the newly appointed Vice President of Electrical/Electronics Engineering Core, the people that come up with the electronics that not only run the vehicle, but entertain and delight, as well. Schnell will also be responsible for "voice of the customer" efforts, and the voice of the customer should be heard loud and clear saying "please build better cars."
Toyota is struggling to sell trucks and SUVs like everyone else, but unlike the competition, no full-time workers from stalled factories are getting laid off. The 4,500 workers at idled plants are instead bettering themselves through eduction by taking classes on safety, diversity, and Toyota history. They're also doing community service while on the clock and even some gardening. The workers will be learning how to work faster and smarter during the down time, and are even being shifted to busier plants on a temporary basis to help plants that are working beyond capacity to keep up with demand.
Toyota's plan to keep its workers busy at all costs isn't cheap, as about $50 million is being spent to keep workers busy with training programs. Of course, you can't please everyone and the plan isn't sitting well with all of Toyota's workforce, as workers at running factories don't like the fact that laid off workers are getting a leg up on training. A more skilled plant could have an advantage over others in getting earmarked for future products, so unaffected workers also want the extra training.
While expensive and a bit of a logistics nightmare, Toyota's plan is a good one if you can afford it. It should help create a more loyal, better trained workforce that also forges ties with the surrounding community. We bet Toyota hopes it will prevent any talk of unionizing, as well. And with Toyota's record profits over the past few years, $50 million is a drop in the corporate bucket.
With both Kimi Raikkonen and Felipe Massa contracted with Ferrari through next year, reports are circulating that the Scuderia may bring on board both Fernando Alonso and Robert Kubica for 2010.
After Kimi and Felipe, and with Lewis Hamilton firmly in place at McLaren, the pairing of Alonso and Kubica in Maranello would provide a formidable team against the rest of the field. Alonso, of course, is a two-time world champion and one of the only drivers to repeatedly beat Schumacher to the title, while Kubica has proven himself a competent driver of the highest degree. Whether the reports are accurate, and whether Ferrari would just dump Kimi and Felipe like that remains to be seen.