GM taps its female trailblazer to run saturn

Article Abstract:

General Motors Corp appoints Cynthia Trudell as president of Saturn. The 45-year old woman was the former president of IBC Vehicles in Luton, England, a manufacturer of Frontera sports-utility vehicle and is a former manager for General Motor's Wilmington, DE, vehicle manufacturing plant. Trudell will replace Donald Hudler, who was appointed CEO of Saturn Retail Enterprises. The appointment of Cynthia Trudell is expected to enhance the performance of the company.

Executive changes & profiles, General Motors Corp.

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DaimlerChrysler nears decision on Nissan deal

Article Abstract:

DaimlerChrysler co-CEO Robert Eaton said the company is close to deciding whether to acquire a part of Nissan Motor of Japan. Co-CEO Juergen Schrempp has earlier indicated that a decision could be made by the end of Mar 1999. One option DaimlerChrysler is reportedly toying with is buying a 33% stake in Nissan, the most it can acquire without assuming Nissan's reported debts of more than $30 billion.

Japan, Asset sales & divestitures, Acquisitions & mergers, Foreign operations, Nissan Motor Company Ltd., Daimler AG

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