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57

www.read-wca.com

Wire & Cable ASIA – March/April 2014

From the Americas

The

USA Today

reporters also made a shrewd guess that, at

times, “money changes hands out of the FAA’s gaze.”

New York Times

op-ed columnist Maureen Dowd

observed that it will be interesting to monitor coverage

by the

Washington Post

of its new owner – Amazon’s

Jeff Bezos – as he takes on the FAA over drone

regulations. Allied with the Motion Picture Association

of America, which is working for the right of directors

to use drones for aerial shots, Mr Bezos wants private

unmanned drones to be permitted to share the skies

with commercial aircraft.

Wrote Ms Dowd: “A degree in drone management can’t

be far off.” (“Mommy, the Drone’s Here!”, 4

th

December).

Automotive

General Motors will pull the Chevrolet out

of Europe to concentrate on becoming

more competitive in South Korea

In what the

Detroit Free Press

termed “a sharp reversal

of its global strategy for its most iconic brand,” General

Motors on 5

th

December announced plans to largely

withdraw its Chevrolet brand from Europe.

GM’s then-CEO Dan Akerson acknowledged that the

company’s Opel brand was competing directly with

Chevrolet in the European market. The automaker’s

reasoning is that, by removing the Chevy, it clears the way

for Opel.

“Europe is a key region for GM that will benefit from a

stronger Opel and Vauxhall and further emphasis on [the

luxury brand] Cadillac,” Mr Akerson said in a statement.

“For Chevrolet, it will allow us to focus our investments

where the opportunity for growth is greatest.”

With respect to GM’s stated aim of maximising sales

opportunities in its Korean operations, business writer

Nathan Bomey of the

Free Press

pointed out that most

Chevys sold in Western and Eastern Europe are built in

South Korea.

While the company has had some problems with unions

there, GM Korea CEO Sergio Rocha declared an intention

“to continue to become more competitive in Korea.”

In so doing, Mr Rocha said in a statement: “We will position

ourselves for long-term competitiveness and sustainability...

while remaining a significant contributor to GM’s global

business.”

General Motors does appear to be keeping both its

European and Asian prospects firmly in view. The

company said ‘select iconic’ Chevrolets, such as the

Corvette Stingray, would still be sold in Europe. It also

said that its decision to stop offering the Chevrolet in

Europe does not affect the seven-year, $600 million

sponsorship agreement it signed in 2012 with European

soccer franchise Manchester United to promote the

Chevy brand.

“[Ours] is a global partnership, very much focused on

the fans in Asia and specifically China,” GM spokesman

Vijay Iyer said in an email to Mr Bomey. “The next big

step will be season 2014/15 when the Chevrolet Bowtie

will be featured on the Man United shirt.”

After leading General Motors Co through a difficult

three years, Dan Akerson stepped down as chairman

and CEO on 15

th

January. Mary Barra – executive vice

president of global product development, purchasing

and supply chain – was elected by the GM board of

directors to succeed him. Ms Barra, who will also join

the board, will be the first-ever female CEO of any major

automaker.

The 10

th

December announcement of Mr Akerson’s

impending retirement came a day after the US

government sold its remaining stake in GM from the

2008-2009 auto industry bailout. And, as noted by

automotive reporter Michael Wayland of the Michigan

media group

Mlive

, it came less than three months after

Mr Akerson said that “a car gal” could one day lead a

Detroit automaker.

Ms Barra, a 33-year GM veteran, started her career as

a General Motors Institute-Kettering University co-op

student at the Pontiac Motor Div, earning a Bachelor

of Science degree in electrical engineering. She rose

in the company through a series of manufacturing,

engineering, and senior staff positions including vice

president of global manufacturing engineering, executive

director of competitive operations engineering, and

manager of the Detroit-Hamtramck assembly plant. She

is credited by many with helping lead the company’s

ongoing turnaround.

“Mary is one of the most gifted executives I’ve met in my

career,” Mr Akerson said during a media conference call.

“She was picked for her talent, not for her gender [or]

for political correctness.”

Elsewhere in automotive . . .

After Detroit’s bankruptcy filing in July 2013, the

organisers of the North American International Auto

Show 2014 were in some anxiety about the impact on

overseas carmakers with bookings at the 25

th

annual

show, set for 13

th

-14

th

January.

In addition to offering assurances as to security and

services, the NAIAS organisers floated what

Detroit Free

Press

business writer Brent Snavely termed “a more

subtle message.”

“This is almost on a subconscious level,” said show

chairman Bob Shuman. “But do you want to be the

manufacturer that abandoned Detroit? This is the year

you better come strong to Detroit, because you don’t

want to be the guy who ran out on us.”

The subliminal message got through. In the event, no

major automaker backed out of its commitment.

On the eve of the show the Detroit Auto Dealers

Association (DADA) was expecting at least 40 all-new or

redesigned vehicles to be unveiled.