Saturday, 25 May 2019 | 10:07 WIB

General Motors names Mark Reuss as company President

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JAKARTA, NNC - General Motors (GM) announced on Thursday, Jan 3, local time, that Mark Reuss would replace Dan Ammann as president, effective immediately.

The top leadership change is part of carmakers ongoing shift to electric and autonomous vehicles in North America and China.

Nevertheless, Reuss will remain focused on rebuilding the Cadillac brand and streamlining GM's product development operations.

Reus will also be doubling human resources to boost production, allocated to electric and self-driving vehicle programs in the next two years, according to Reuters on Friday.

GM budgeted around $8 billion for the development of electric and autonomous vehicles, with SoftBank Group and Honda Motor Co. vowing to invest at least $5 billion in the GM's Cruise self-driving unit.

Amman became the chief executive officer of GM Cruise, the self-driving car unit, on 1 January.

The naming of Reuss', who is a GM veteran, comes as the US carmaker cuts down on manufacturing traditional sedans.

In the United States, GM has remained strong in the pickups and utility vehicle segments, which accounted for two-thirds of company's sales in 2018, the Antara reported.