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Rich Gilligan

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BUSINESS
January 5, 2005 | John O'Dell, Times Staff Writer
Finbarr O'Neill, the automotive turnaround whiz hired 16 months ago to work his magic on ailing Mitsubishi Motors North America Inc., has resigned after a yearlong plunge in the company's sales. The Cypress-based unit of Japan's Mitsubishi Motors Corp. named Rich Gilligan, head of its North American manufacturing operation, to replace O'Neill as president and chief executive. Industry analysts said O'Neill's departure wasn't likely to signal the demise of Mitsubishi in the U.S.
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BUSINESS
March 21, 2005 | John O'Dell, Times Staff Writer
Rich Gilligan, 61, walked into a tough job when he took over as president of Mitsubishi Motors Corp.'s North American operations in January. Mitsubishi is the only Japanese automaker that is unprofitable. Its management in Tokyo has been rocked by a scandal over efforts to conceal product flaws on vehicles sold in Japan. DaimlerChrysler, which had been a major investor, recently told Mitsubishi not to count on any additional financial help. What's more, Mitsubishi's U.S.
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BUSINESS
March 21, 2005 | John O'Dell, Times Staff Writer
Rich Gilligan, 61, walked into a tough job when he took over as president of Mitsubishi Motors Corp.'s North American operations in January. Mitsubishi is the only Japanese automaker that is unprofitable. Its management in Tokyo has been rocked by a scandal over efforts to conceal product flaws on vehicles sold in Japan. DaimlerChrysler, which had been a major investor, recently told Mitsubishi not to count on any additional financial help. What's more, Mitsubishi's U.S.
BUSINESS
January 5, 2005 | John O'Dell, Times Staff Writer
Finbarr O'Neill, the automotive turnaround whiz hired 16 months ago to work his magic on ailing Mitsubishi Motors North America Inc., has resigned after a yearlong plunge in the company's sales. The Cypress-based unit of Japan's Mitsubishi Motors Corp. named Rich Gilligan, head of its North American manufacturing operation, to replace O'Neill as president and chief executive. Industry analysts said O'Neill's departure wasn't likely to signal the demise of Mitsubishi in the U.S.
BUSINESS
February 17, 2005 | John O'Dell
Japan's Mitsubishi Motors Corp. has selected its former president to help guide its Mitsubishi Motors North America Inc. operation. Hideyasu Tagaya, 57, will become chairman of the Cypress-based North American unit March 1. Rich Gilligan, 61, will remain president. Mitsubishi's U.S. and Canadian sales have plummeted in recent years while the parent company has been staggered by a scandal in Japan over a series of product defect coverups there.
BUSINESS
June 14, 2001 | John O'Dell
Financially ailing Mitsubishi Motors Corp. has promoted the head of its Illinois-based U.S. auto making unit to chairman and chief executive of all U.S. operations. Hirao Iijima, 57, will assume the new duties at Cypress-based Mitsubishi Motors America Inc. at the end of June. Reporting to Iijima will be Pierre Gagnon, 45, newly promoted president and chief operating officer of Mitsubishi Motor Sales of America, and Rich Gilligan, 57, new president of Mitsubishi Motor Manufacturing of America.
BUSINESS
January 20, 2005 | From Bloomberg News
Mitsubishi Motors Corp., whose U.S. auto sales have dropped by more than half in two years, hired a Michigan-based turnaround specialist to revive its North American automotive business. Mitsubishi brought in AlixPartners to advise executives over the next several months, said Dotty Diemer, a spokeswoman for Cypress-based Mitsubishi Motors North America. Japan's fifth-largest automaker this month promoted Rich Gilligan, 61, to run its North American sales and production unit after the Jan.
BUSINESS
December 13, 2005 | John O'Dell, Times Staff Writer
Mitsubishi Motors Corp. said Monday that it had appointed a Japanese executive to share the top post at its North American unit in an effort to bolster communication between the ailing automaker's key operations. Hiroshi Harunari, managing director of overseas operations for Tokyo-based Mitsubishi, will become president and chief executive of Mitsubishi Motors North America in Cypress on Jan. 1.
BUSINESS
January 29, 2005 | John O'Dell, Times Staff Writer
Mitsubishi Motors North America said Friday that its in-house finance arm would lay off most of its Southern California-based workforce as part of a $5.2-billion global restructuring plan aimed at keeping ailing parent Mitsubishi Motors Corp. alive. Three hundred of the 365 workers at the Cypress headquarters of Mitsubishi Motors Credit of America will lose their jobs in the next six months.
BUSINESS
May 24, 2005 | From Associated Press
Mitsubishi Motors Corp.'s loss widened to $4.4 billion and sales tumbled 16% for the latest fiscal year as the Japanese automaker struggled to regain customer trust in the wake of a defect coverup scandal in Japan. It expects to post a smaller loss for the current fiscal year as sales pick up in Japan and overseas. The Tokyo-based company's loss of 474.
BUSINESS
November 12, 2005 | Roger Vincent, Times Staff Writer
DaimlerChrysler on Friday sold its remaining 12.4% stake in struggling Mitsubishi Motors Corp. to Goldman Sachs for an undisclosed amount, ending an unsuccessful attempt to profit from the Japanese auto industry. The German-American automaker once owned 37% of Mitsubishi as part of a strategy to become a dominant international force in the industry. Five years ago, DaimlerChrysler Chief Executive Juergen Schrempp paid at least $2.
BUSINESS
June 6, 2005 | John O'Dell, Times Staff Writer
As Volkswagen prepared to launch its redesigned 2005 Jetta sedan, the automaker asked the Insurance Institute for Highway Safety to run two of the cars through some tough crash tests. To get the tests early, Volkswagen footed the bill -- about $60,000, including the two cars sacrificed at the institute's test center here in the foothills of the Blue Ridge Mountains. VW wanted to include the crash tests in new ads it is launching this month. The Jetta got top marks, as VW officials knew it would.
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