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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 83 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ignore CEO scaremongering, Biden corporate tax hike will help US businessOpinion | Biden's plan to raise corporate taxes will actually be good for American business, no matter how much CEOs whine and scaremonger about it. By Morris Pearl of PatrioticMills PatrioticMills Utter nonsense. PatrioticMills I’m sure it’ll be great, raised taxes always workout well for the economy. PatrioticMills
Source: BusinessInsider - 🏆 729. / 51 Read more »