Magna, the largest auto parts manufacturer in the US, names new CEO - Business Insider

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Here's how Swamy Kotagiri, incoming CEO of the US's largest auto parts manufacturer, is using an 'open for business mindset' to lead the company. Presented by ING_News

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Magna International, the largest auto-parts manufacturer in the US and third-largest in the world, named a new CEO in October.

"I'm an engineer at heart," Kotagiri says regularly, according to an interview with Magna's Chief Sales and Marketing Officer.Visit Business Insider's Transforming Business homepage for more storiesMagna International, the largest auto-parts manufacturer in the US and third-largest in the world, announced in October that its longtime CEO, Don Walker, will be succeeded by the company's president, Seetarama "Swamy" Kotagiri on January 1, 2001.

"We're able to think from a systems perspective," Kotagiri said of Magna, in an interview with Business Insider. "If you want to be successful with technology, you need to connect innovation with making money." "One of the things Swamy would say a lot is, 'I'm an engineer at heart," said Eric Wilds, Magna chief sales and marketing officer, in an interview with Business Insider. "When a bunch of other people are saying, 'Oh my God, this is too much detail,' he's like, 'I love this stuff. This is what I grew up with.'" , he paused midway through his speech to tell the audience, "Please allow me to geek out and speak engineer for a moment.

, and autonomous vehicles have faced significant setbacks. But fail to invest in developing proprietary technology, and companies run the risk of playing a difficult game of catch-up later on. "Our focus has been on assisted driving," Kotagiri told Business Insider. The sensors and software that can help drivers avoid a fender-bender now are the same ones that could contribute to self-driving cars years down the road.

 

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