DETROIT Aug 19 General Motors Co has
hired a top Delphi Automotive Plc executive to lead the
largest U.S. automaker's global powertrain operations beginning
next month, GM announced on Monday.
Steve Kiefer, who has led Delphi's powertrain systems unit
since 2011, fills a position that has been left vacant for more
than two years. He will start at GM on Sept. 1.
His hiring comes as GM tries to lop off about $1 billion a
year in product development costs and boost its margins to
better compete with U.S. rival Ford Motor Co.
Kiefer, 50, will report to Mary Barra, head of GM's global
product development unit, and will be based at GM's powertrain
headquarters in Pontiac.