Salary of the new CEO of GM could reach $ 14 million

Salary of the new CEO of GM could reach $ 14 million

Mary Barra, CEO of General Motors, should receive a total salary of $ 14.4 million this year. According to the automaker, Mary can receive $ 10 million in compensation over the long term as part of your package.

"The company reported total figures before submitting the report of the directors in April to correct misperceptions created by comparisons that used only a portion of total compensation of Barra," GM said in a statement sent by email.

In January, GM said Barra, 52, win $ 1.6 million salary and $ 2.8 million as part of the incentive plan of the company in the short term. Barra, who was director of the automaker's products, took the place of Dan Akerson, who resigned last month to take care of sick wife. Akerson earned $ 11.1 million in 2012.

After being quoted in Discourse on State of the Union Barack Obama in January, the compensation package Barra received media criticism. "Why GM believes that the value of Barra as CEO is currently 52 percent lower than Akerson?" Wrote Elizabeth MacDonald on February 3 in Foxbusiness.com.

The remuneration of CEOs of other global automakers varies. The CEO of Ford Motor Co., Alan Mulally, received about $ 21 million in compensation in 2012. . President of Toyota Motor Corp., Akio Toyoda, earned 184 million yen ($ 1.8 million) in 2012, Martin Winterkorn, Volkswagen AG, earned 14.5 million euros ($ 19.8 million) and Dieter Zetsche, Daimler AG, gained 8.15 million euros.

Read more automotive news

In Los Angeles will show a modifed concept of VW CrossBlue Coupe

On motor show in Los Angeles it was declared a modifed concept of Volkswagen CrossBlue Coupe, which first version we saw in Shanghai. The car outwardly looks identically Shanghai, however, technical characteristics became more real.

Nissan calls nearly 1 million cars to recall

Nissan announced a global recall involving 989,701 vehicles sold by Nissan and Infiniti brands in North America. According to the company, there is the possibility that the passenger side airbag did not inflate in the event of a strike.

BMW 435i M Sport Coupe comes to Brazil for 299,950 reais

The BMW 435i Coup? introduced the M Sport in Brazil, the first model of Series 4 on the domestic market at a suggested price of U.S. $ 299,950.00.

Volvo plans new line to replace the V40

As already known, the Volvo V40 will be replaced by a new family of premium small cars, which are being developed in conjunction with the Chinese owner of the Swedish company, Geely. The new line includes a five-door crossover, a hatchback and a sedan.

VW Passat makes the recall in the U.S. and Canada

Volkswagen is conducting a recall of 160,351 units of the Passat in the U.S. and Canada. The call, which involves possible defects in low beam, affects the 2012-2013 model year vehicles.

USA: Honda announces new organizational structure

Honda revealed on Tuesday (11) which will promote changes in its organizational structure in the United States. From the 1st of April, will exist distinct divisions for the Honda and Acura brands.

BMW X2 may launch in 2017

BMW plans to launch X2 utility in 2017. According to the Australian website News Drive, the second generation of X1 (pictured), scheduled to hit the market between late 2014 and early 2015 will be lower than the current one, just to open a loophole for input X2 in the range.

Opel confirms Adam Rocks to Geneva

Opel revealed on Thursday (20) the production version of Adam Rocks. The model is displayed to the public during the Geneva Motor Show, scheduled to open March 6 and is treated by the brand as "urban mini-crossover".

SUV from Aston Martin must have the Mercedes-Benz GL platform

The Aston Martin is planning to launch a production version of the Lagonda SUV concept (pictured), originally shown at the Geneva Motorshow 2009. According to Autocar website, the utility of the British manufacturer will use the same platform as the Mercedes-Benz GL.

Ford shows future Ka Sedan

On Monday, 3, Ford Ka Concept showed the 4-door Sedan which anticipates the Ka, created for emerging markets and that will be one of the bets of the brand to leverage their sales.