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

Nissan shows new teaser concept car

Nissan announced a few days to present a new concept car for the Hall of Beijing, which will open to the public in April.

New Ka will not compete with low-cost models

Ford denied that the next generation Ka will compete with low-cost models, such as the Dacia Sandero in Europe. Stephen Odell, head of Ford Europe, said the new car will be positioned above this segment.

Land Rover Discovery 2014 launches in Brazil

Land Rover announced on Monday, March 10, the release line 2014 Discovery. The SUV brings slight visual changes and improvements inside.

GM raises prices Corvette Stingray

GM raised prices of the Chevrolet Corvette Stingray, since March 1, citing high demand by model.

Mazda shows its new concept car Hazumi

Emerged official images of the new model Mazda concept of the Hazumi, which will be officially unveiled this week at the Geneva show. According to information, in Japanese means connected Hazumi and despite being a concept car, it could be produced.

Honda starts production of the new Fit in Mexico

Honda began production of the new generation Fit in its newly opened plant in Celaya, Mexico, on Thursday (27).

BMW X4 circulates almost undisguised

BMW is in the final stages for the launch of X4. The brand new crossover will be positioned between the X3 and X5 SUVs, being a kind of "little brother" of the pioneer X6.

Audi plans electric system quattro

Some of the future plans of the Audi were revealed in new technical patents. The new technologies include the German manufacturer integrated with quattro system and special aerodynamic wheels alloy, which can go into production in the coming years electric motor.

Audi RS4 Avant Nogaro reveals

Audi revealed on Wednesday (5) the RS4 Avant Nogaro. This is a car that celebrates the 20th anniversary of the launch of the first Audi RS model, the RS2 Avant, and has starting price of 87,300 euros.

NHTSA warns: 30,000 Tesla Model S can catch fire

The National Highway Traffic Safety Administration's (NHTSA), which is responsible for matters relating to traffic safety in the United States, revealed that Tesla convene a recall of 29,222 units of the Model S.