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ENGINEERING In support of the industrial operations of Chrysler Group LLC, the following appointments are announced, effective immediately: Reporting to Daniel Knott – Head of Vehicle Engineering are the following leaders who will be responsible for all platform specific current and future vehicles. These responsibilities include execution, achievement and management of all functional vehicle attributes, [...]
Automotive News obtained an internal memo from the new head of engineering, Scott Kunselman. Other engineering executives report to Kunselman, including one new ex-Fiat executive, Mauro Pierallini, who will head systems and component engineering. Pierallini, former head of product engineering at Fiat Group Automobiles, heads systems and component engineering, and is responsible for body, interior, [...]
Chrysler salaried employees may still avoid a two-week, unpaid furlough. In one of its bankruptcy filings, the company had said such an action would be taken in the next nine weeks as a cost-saving measure. Now, Chrysler said it may be able to achieve the needed budget savings in other ways. In an internal message [...]
Information from within Auburn Hills indicates that employees are, like creditors, making more unwilling sacrifices. SERP, SESP, and ESERP plans are protected under bankruptcy law. (SESP is the salaried employee savings plan – 401(k)). SSP (supplemental savings plan) and SRP (supplemental executive retirement plan) is not protected by law and the status is not yet [...]