We have estimated Giovanni Agnelli's net worth , money, salary, income, and assets. Their philanthropic efforts also demonstrate their commitment to supporting cultural and educational initiatives, and their impact on Italys economy and society cannot be overstated. The FTX founder would also be prohibited from using his parents devices.
Giovanni Agnelli Biography, Age, Height, Wife, Net Worth, Family [16], On 30 November 2021 Exor held its third Investor Day where the primary focus of its future investments was shared, centered on three main sectors: Healthcare, Luxury and Technology.[17]. [14] He said: "People are the source of our strength. The familys wealth has continued to grow despite the challenges of the global economy, and their investments have proven to be resilient. Nearly two years ago, Fassio's father Sebastian chose Ernesto to run the family holding company while he recovered from heart problems. On 21 April 1986, he joined the Tuscania battalion of the Carabinieri; he remained in the ranks, unable to take the reserve officer course because the Italian state did not recognize his United States qualification. 24.6k Followers, 439 Following, 44 Posts - See Instagram photos and videos from Giovanni Agnelli (@giovanni.agnelli)
Exor's portfolio includes Italian football team Juventus and media organizations including the Economist and several leading Italian newspapers. The cause was prostate cancer, his family said. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. .
Exor (company) - Wikipedia Giovanni Agnelli was created on March 12, 1921 in Turin, Italy. Facebook gives people the power to share and makes the world more open and connected.
Kristen Stewart Living With Producer Pal Giovanni Agnelli - Hollywood Life The Agnelli familys business empire is vast and includes companies such as Fiat Chrysler Automobiles, Juventus Football Club, and the investment firm Exor. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. Elkann was born in New York and went to high school in Paris; he reportedly speaks English, French, Italian and Portuguese. Giovanni Agnelli was a Producer and also an Italian industrialist and former chairman of Fiat Automobiles. WILMINGTON, Del. He passed away on January 24 . [15], On 21 November 2019 a second one was hosted on the occasion of Exor's 10th anniversary. [42][43] The participation was later increased to 16.9%. All events took place at the Agnelli Foundation in Turin (Italy). [22] Exor held shares in the Economist Group prior to this purchase.
Giovanni Agnelli Producer Net Worth - CharmCelebrity He was CEO of the bank for 24 years and led the expansion into a lender that employs 1,700. Giovanni Agnelli is a renowned name in the automotive industry. Ernesto thinks a change at the top after so long is good business sense. Music will always be his passion but he has to set it aside for a career befitting a nearly 40-year-old husband, father, and heir to billions. [23], Agnelli and his wife had a child, who was born in September 1997. Required fields are marked *. In an interview with the newspaper Corriere della SerraSebastien said Ernesto's larger role at the bank is "a prize I always wanted for my son. [5] In the role, Agnelli distanced himself from his family and Italy's business establishment, calling for generational change, advocating for more competition from international investment banks in corporate finance, and pushing for increased transparency in Italian capitalism. He also supplied military vehicles for the war effort.
Kristen Stewart staying at producer friend's house - News18 He has also won several awards for his work. Your email address will not be published. Los Angeles: Actress Kristen Stewart has reportedly moved out of the house she shared with boyfriend Robert Pattinson following the revelation of her affair with director Rupert Sanders. Your email address will not be published. Agnelli: Directed by Nick Hooker. At the time of his death, Giovanni Agnellis net worth was estimated to be around $1.5 billion, making him one of the wealthiest people in Italy. The movie was released in a few cities, but Agnelli hopes to expand it to nationwide distribution.
Giovanni Agnelli Net Worth Now a married father of two he's looking to shift his focus from music to banking. [9], Agnelli joined Piaggio in 1987. Giovanni still controls the company and serves as honorary chairman. He is 38 years old, and the heir of the billionaire family with interests in everything from fashion to finance. He is heir to billions of dollars, and his father chose him to run his holding company after he recovered from heart problems. He is a well-known Italian producer and director. The holding company, La Scogliera, controls the Venice, Italy based bank Banca IFIS SpA. When his parents divorced in 1974, her mother took the young Agnelli with her to Atlanta, Georgia, where she owned a dog farm. Longtime head of the Fiat automobile company. Giovanni Agnelli Net Worth is $250,000. In 1957, IFI acquired control of Istituto Commerciale Laniero Italiano, which conducted activities in the financial field, particularly in the textile and wool sector. At the completion date of merger, the combined company became the world's fifth-largest car maker by unit sales.
The Successors - Forbes Ernesto's father Sebastien Egon Von Furstenberg founded Banca IFIS in 1983. [23][22], On 2 September 2015 Exor closed the sale of Cushman & Wakefield to Chicago-based DTZ for $1,28 billion in net, generating a capital gain of $722 million. [3] Exor started trading with the ticker BIT: EXO on March 2, 2009. In 2018 the bank had. The Agnelli family has also been active in philanthropy, with a focus on cultural and educational initiatives. 2023 Forbes Media LLC. Brock Lesnar could be making his WWE exit in the near future. As the head of the Fiat Group, he oversaw 4.4% of Italy's gross national product, 3.1% of the industrial workforce, and 16.5% of industrial investments in research. Ernesto Fassio is a married father of two and wants to change from music to banking. He is currently focusing on his career. [5], In 1982, Agnelli returned to Italy, starting to work in Fiat, more precisely at the Comau of Grugliasco, under the false name of Giovannino Rossi; the pseudonym Giovannino would remain linked to him, especially in Turin, where he was thus identified and recognized by the various namesakes in the family. [18] He often expressed his views on financial matters, such as the gap between the net salary and the gross salary, and the Italian tax law. During the meeting John Elkann, together with the management team, illustrated the company's performances, growth and key achievements over the past 10 years. The net worth of Giovanni Agnelli is estimated at $11 million. He was wedded to Marella Caracciolo di Castagneto. In 1993, Agnelli became president of the company, which he successfully turned around and built into a European market leader. [8][24] He was treated in specialized centers in the United States. Your email address will not be published. A reorganisation of the Agnelli family's holdings in 2008 led to the merger of IFI and IFIL to create "Exor", the new name being taken from the French company (then the majority owner of Perrier water and the Chteau Margaux estate) which it acquired in 1991. Producer Giovanni Agnelli (L) and producer Scott Bloom attend the 'Welcome To The Rileys' premiere during the 2010 Sundance Film Festival at Racquet Club on January 23, 2010 in Park City, Utah. All Rights Reserved.
Exclusive interview with Welcome to the Riley's Producer Giovanni Agnelli [56] [57] [58] John Elkann, the son of Gianni and Marella's daughter, Margherita, was expected to take over Fiat after Gianni's death. [19], The Council consists of: George Osborne (Chairman) - Partner, Robey Warshaw; Daniel Ek - CEO and Founder, Spotify; John Elkann - chairman and CEO, Exor; Jony Ive - Co-founder, LoveFrom; Michael Larson - Chief Investment Officer, BMGI; Jorge Paulo Lemann - Co-founder, 3G Capital; Ruth Porat - Senior Vice President and Chief Financial Officer, Alphabet and Google; Nassef Sawiris - CEO, OCI; Neil Shen - Founding and Managing Partner, Sequoia Capital China; Rob Speyer - President and CEO, Tishman Speyer; Joseph Tsai - Executive Vice Chairman, Alibaba Group; Mike Volpi - Co-founder, Index Ventures; Ruth Wertheimer - Founder, Owner and chairwoman, 7-Main.[20]. At almost 40 years old, he has to make a choice between music and his professional life. [20][21][22] In 1996, Agnelli married Frances Avery Howe, an Anglo-American architect who he met when they were both students at Brown University. Gianni Agnelli is being remembered in Italy this weekend on the centennial of his birth. For other uses, see, Last edited on 20 February 2023, at 11:46, 37th largest group in the world by revenue, "Fiat Owners Seek Diversity In Bid for French Company", "Italy's Exor raises GEDI stake above 60% ahead of mandatory offer", "Diego Piacentini joins Exor as Advisor and will become Exor Seeds Chairman", "Exor launches Italy Seeds Program to back the most promising entrepreneurs in the country", "BUILDING GREAT COMPANIES NOVEMBER 21, 2019", "Exor establishes Partners Council, chaired by George Osborne", "Exor, Ferrari and LoveFrom announce creative partnership", "A new chapter For only the second time in our history the ownership of The Economist changes", "Exor closes $2 bln sale of Cushman & Wakefield to DTZ", "Italy's Exor wins battle to buy PartnerRe for $6.9 billion", "EXOR Sells PartnerRe to French Insurer Covea for $9 Billion", "EXOR announces memorandum of understanding for sale of partnerre to cova for $9 billion", "Exor to retain ownership of partnerre, reaffirming its commitment to support the company's development", "Exor and Covea agree investments to settle relationship after failed PartnerRE deal", "EXOR COMPLETES THE SALE OF PARTNERRE TO COVA FOR A TOTAL CASH CONSIDERATION OF $9.3 BILLION (8.6 BILLION)", "Agreement Signed For The Sale to EXOR of Cir's 43.78% Shareholding in GEDI", "Acquizione de GEDI Gruppo Editoriale S.p.A.", "PSA And FCA Merger Plan Officially Announced", "Fiat Chrysler And Group PSA Unveil Massive Merger Deal", "Fiat Chrysler to Be Renamed Stellantis After Merger With PSA", "Stellantis: the name of the new group resulting from the merger of FCA and Groupe PSA", "Stellantis: the facts & brands behind the world's newest car giant", "Exor and Peugeot 1810 strengthen relations to support Stellantis and discuss areas of common interest", "Exor Makes $200 Million Investment in Ride-Share Company Via", "EXOR INVESTS IN SHANG XIA PARTNERING WITH HERMS TO TAKE THE CHINESE LUXURY COMPANY TO THE NEXT STAGE OF ITS DEVELOPMENT", "Exor And Christian Louboutin Partner To Accelerate The Development Of One Of The World'S Preeminent Luxury Brands", "Exor and The World-Wide Investment Company Limited join forces to invest in and support Italian consumer goods excellence", "INSTITUT MRIEUX AND EXOR ANNOUNCE A LONG-TERM PARTNERSHIP IN GLOBAL HEALTHCARE", https://en.wikipedia.org/w/index.php?title=Exor_(company)&oldid=1140511965, Laurence Debroux - Non-executive director. If so who is his ex-wife? var _Hasync=_Hasync||[];_Hasync.push(['Histats.start','1,4553220,4,511,95,18,00000000']);_Hasync.push(['Histats.fasi','1']);_Hasync.push(['Histats.track_hits','']);(function(){var hs=document.createElement('script');hs.type='text/javascript';hs.async=true;hs.src=('//s10.histats.com/js15_as.js');(document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild(hs);})(); Giovanni Agnelli Producer is a celebrity who is now a viral topic on the internet. He is also known for producing films in Italian, Spanish, and English. He had one of his first big tests recently, when he had to tell Banca IFIS Spa CEO Giovanni Bossi that he would not have his contract renewed. In addition, he is a member of the European Automotive Hall of Fame.
He played on Italy's national golf team. [2] It has a history of investments running over a century, which currently include auto and truck manufacturers Stellantis, Ferrari and Iveco, agricultural and construction firm CNH Industrial, the association football club Juventus F.C., the international newspaper The Economist, and the Italian media company GEDI. He became a family pillar of Italian capitalism and helped put Italy on the world map. Giovanni Agnelli was created on March 12, 1921 in Turin, Italy. The Economist Group will buy back the remaining 40% of Pearson shares. [44], In March 2021, Exor enters the French fashion house Christian Louboutin as a minority shareholder with 24% of the capital and with an investment of 541 million euros. Ernesto Von Furstenberg Fassio is the grandson of Clara Agnelli, sister of Fiat family patriarch Giovanni Agnelli. Giovanni Agnelli, the shrewd, dashing and politically influential international business figure who turned his family's auto company, Fiat, into a worldwide conglomerate and helped industrialize postwar Italy, died this morning at his home here. Kristen Stewart Living With Producer Pal Giovanni Agnelli Report Kristen isn't living with her parents, but a new report claims the actress is staying with her 'Welcome to the Rileys'. Giovanni Agnelli is known for Welcome to the Rileys (2010), Untitled Twilight Zone Project and Risk (2003). Wiki Bio of Giovanni Agnelli net worth is updated in 2023. A man of many names: L'Avvocato, . [8], After university, Agnelli began his military service as a Carabiniere-paratrooper. He has also won several awards for his work. He is most likely going to be named a director of the family bank at the annual meeting in April indicating the family's desire to have the prodigal son take on a bigger role in the family business going forward.
Elkann took the leadership role in the family and at Fiat in 2004, one year after the death of his grandfather and family patriarch Gianni Agnelli. [4] One of the episodes for which he is remembered is that, as soon as he arrived at Piaggio, Agnelli had drawn up a manifesto of the company's values, in which the first point said: "Our company has social responsibility among its fundamental points of reference. Giovanni Agnellis net worth at the time of his death was impressive, but the Agnelli familys continued growth in wealth and influence is a testament to their business acumen and ability to adapt to changing market conditions. His 41-year-old grandson is best known to Italians. [15], On the occasion of the fiftieth anniversary of the Vespa on 19 September 1996, Agnelli said: "The function of industry is not only or even mainly that of profit.
Giovanni Agnelli, Beverly Hills Public Records Instantly - ClustrMaps The family has donated millions of dollars to support the arts, including the renovation of the Royal Opera House in London and the creation of a contemporary art museum in Turin. He was 81. Join Facebook to connect with Giovanni Agnelli and others you may know. [25] Originally it had offered $130 per share and in response Axis Re offered $120.31 per share in paper plus $11.50 in a pre-closing dividend. Untitled Twilight Zone Projectas Producer, Your email address will not be published. [12], On March 29, 2022, Exor Seeds announced the launch of the Italy Seeds Program, an initiative aimed to support the most promising Italian Startups. Real Time Net Worth. Bachelor of Engineering, Politecnico di Torino.
An Heir to the Fiat Fortune, Hey? | Courthouse News Service [38][39] The merger completed on 16 January 2021, with its common shares subsequently trading under the ticker symbol "STLA" on the Italian Bourse, Euronext Paris and the New York Stock Exchange. The story of Gianni Agnelli, the legendary Italian industrialist and playboy, as told by family, lovers, professional confidants, and rivals. "Mr. Agnelli controlled more than one-quarter of the Italian stock exchange, or around $25 billion worth of quoted companies, a control unparalleled on any world stock .
Giovanni Agnelli (@giovanni.agnelli) Instagram photos and videos The Council brings together a group of business leaders that provide additional external experience and counsel into Exor. [35][36][37] In July 2020, FCA's Chairman John Elkann and the CEO Mike Manley announced that the combined company will be called Stellantis, upon completion of the trans-Atlantic merger. His concentration, dedication, and hard work have assisted him to get this position. Since inception in march 2009, Exors total shareholders return was +1,460% or 24% on a compound annual rate. Aside from producing automobiles, Agnelli is also a billionaire who has made a name for himself in modern art, sports, and even politics. By joining TV Guide, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. In 2021 it recorded revenues of more than $136 billion, with a Net Asset Value (NAV) of around $31 billion, becoming the 37th largest group in the world by revenue, according to the 2021 Fortune Global 500 List. The suspected poison attacks are said to have been lasting at least three months and are ongoing.
Top 10 Richest Italians in the World | TheRichest 2006), Oceano (b. [32][33] The acquisition was closed in April 2020. Save my name, email, and website in this browser for the next time I comment.
Gianni Agnelli - Wikipedia "[28] Among others, Juventus F.C., the associated football club owned by the Agnelli family of which he was a supporter,[29] were mourning; then-Juventus player Filippo Inzaghi cried during the minute of silence before the club's first Serie A match since Agnelli's death. The Italian businessman is married with two children and wants to switch his focus from music to banking. He later designed menswear then worked later as a freelance fashion designer before founding his own label.
Giovanni Agnelli - Facebook Save my name, email, and website in this browser for the next time I comment. Doesn't he have a son?
Giovanni Agnelli Producer Net Worth - Wiki Business Now We found three companies that listed this address in corporate registration documents. He and his father, Alberto, were able to raise a family that made the company a multi-billion dollar corporation. In addition, the holding manages other investments, of four different kind: Private, for unlisted companies - Public, for publicly-listed companies - Seeds, for early and late stage companies and Alliance, currently with one: NUO spa. [5] In April 1994, he had called a press conference during which he declared that he had cancer and was engaged in a fight to defeat it; he told reporters that he would be cured by the summer.
So, how much is Giovanni Agnelli worth at the age of 82 years old? His net worth is $3 billion, so it is possible that Agnelli may have created parallel patrimony. Agnelli's parents divorced in 1974;[4] the young Agnelli followed his mother to the United States where he attended The McCallie School in Chattanooga, Tennessee. Declared shareholdings as of 28 February 2022:[5], Besides these major holdings, the company holds shares in the following listed and unlisted companies:[7][8], Exor's interest in new 21st century companies led to the launch of Exor Seeds, later to become Exor Ventures, an early and late stage startup investment business, under the leadership of Noam Ohana since 2017. Exor N.V. is a Dutch holding company incorporated in Netherlands and controlled by the Agnelli family through privately held company Giovanni Agnelli B.V. He has made many movies, including the recent Welcome to the Rileys, and his latest production, Welcome to the Rileys, was released on October 31. The Agnelli family made over 12 billion euros (13.5 billion dollars) in 2014. Board of Directors in charge as of May 24, 2022:[4]. With Edoardo Agnelli, Giovanni Agnelli, Marella Agnelli, Maria Sole Agnelli. Giovanni Agnelli net worth is $100,000 Giovanni Agnelli Wiki: Salary, Married, Wedding, Spouse, Family Giovanni Agnelli (13 August 1866 - 16 December 1945) was an Italian entrepreneur, who founded Fiat car manufacturing in 1899. Giovanni "Gianni" Agnelli, head of Fiat and an icon of Italian political and economic affairs, was a force to be reckoned with. A notorious ladies' man, he was romantically linked to. Required fields are marked *. Inducted into the European Automotive Hall of Fame, 2001 (charter member). Agnellis net worth was estimated to be around $1.5 billion.
The personal history of Giovanni 'Gianni' Agnelli ALL RIGHTS RESERVED. 2023 TV GUIDE, A FANDOM COMPANY. Your email address will not be published. as of 3/3/23.
Look like a rich Beverly Hills matron for less - City-Data [28] In the words of Alan Friedman, Agnelli's death was a "setback for millions of Italians who saw him as a symbol of generational change, as a spokesman for the need to reform Italy's clubby and oligarchic system of capitalism and as an ardent supporter of political reforms. His grandfather, Gianni Agnelli, was the uncrowned king of Italy, and the pre-eminent European statesman-industrialist of the 1970s and 1980s. The number of his fans has been increasing rapidly over the last few days.
24 Giovanni Agnelli producer ideas | giovanni, kristen stewart movies In 2021 it recorded revenues of more than $136 billion,[1] with a Net Asset Value (NAV) of around $31 billion, becoming the 37th largest group in the world by revenue, according to the 2021 Fortune Global 500 List. While Delta pilots have signed a new contract and American pilots appear to be moving quickly towards one, United pilots appear to be lagging. Sam Bankman-Fried Unplugged: DOJ Proposes Only A Flip Phone And Limited Internet While FTX Founders On Bail, Suspected Poison Attacks On Girls Attending Schools In Iran, Attack On Titan Season 4, Part 3, Part 2 Gets A Release Date, And Yes, Its Really The End, Cyberpunk: Edgerunners Just Won Anime Of The Year, United Pilots Are Not Close On Contract, But Talks Will Ramp Up, Brock Lesnar Reportedly Finishing Up Current WWE Run, Current Climate: Big Techs Massive Carbon Footprint, Xavi Speaks On FC Barcelonas Defensive Masterclass Against Real Madrid Ahead Of Valencia Clash, How Scott Boras Used Baseballs No-Shift Rule To Get Pay Raises For Underachieving Clients, Manchester City Ready To Sell Bernardo Silva To FC Barcelona And Name Asking Price - Reports, FC Barcelona And Real Madrid Presidents Met To Discuss European Super League Strategy Before El Clasico - Reports, 2022 Billionaires: Cities With The Most Billionaires, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. In the late 1960s, Agnelli became chairman of the Fiat Group, which contributed about 3% of Italys GDP. Giovanni Agnelli was a successful entrepreneur who invented revolutionary cars for the automobile industry.
What Has Giovanni Agnelli Producer? - Mastery Wiki He was one of the first entrepreneurs to argue that, in order to continue growing, a company must promote the development of the context in which it is inserted, therefore of the territory and the local community, with a series of targeted investments and relationships with the surrounding realities. This wealth has helped Agnelli and his family stay on top of the list of most powerful families in the world. In 2010, he became chairman of Fiat S.p.A. (now Fiat Chrysler Automobiles), succeeding Luca Cordero di Montezemolo, and chairman of the Giovanni Agnelli Sapaz, succeeding Gianluigi Gabetti. Mini Biography. [27][28] The sale was not finalised, as Cova withdrew the offer on 12 May 2020. Ernesto has hung up his DJ equipment to run the family business. Fassio has been very focused on his career over the years. FC Barcelona head coach Xavi Hernandez has spoken more on his team's 'sensational' defensive performance against Real Madrid in the Copa del Rey semi-final first leg ahead of his team's clash with Valencia in La Liga on Sunday.
The success of the Agnelli company led him to expand into the media and into other aspects of society. Young John is reportedly being groomed to succeed him, but he'll have to prove himself first. 2012) from. The Untold Truth of Howie Long's Son - Howard Long Who is Bree Turner? Manchester City are now ready to sell Bernardo Silva to FC Barcelona and have named their asking price for the Portuguese midfielder, according to reports. Exor Seeds has invested 700 million dollars in 53 companies around the world with a focus on mobility, fintech and healthcare sectors. In this context, it considers the problems of safety and environmental impact, of products and production processes, as priorities. Country : Italy Sectors : Automobile, Investments Companies : Fiat, Exor Football club : Juventus (Turin) [5], Agnelli enrolled at Brown University in Providence, Rhode Island, as a member of the class of 1986; his thesis was about the Middle East,[6] and he graduated in international relations. 1950, divorced) and then Serge de Pahlen (b.1944) Camera; Soundtrack; Miscellaneous; Random Post; Home/Celebrities/ Giovanni Agnelli Net Worth. Read more quality stuff onWiki Business Now. He was the family accountant who was asked to lead the bank on an interim basis in 1995 and he had been in that role ever since. He passed away on January 24, 2003 in Turin, Piedmont, Italy. 2007) and Vita (b. Both sides of his family were associated with the motor vehicle industry; his paternal greatgrandfather was Giovanni Agnelli, founder of Fiat, while his mother's stepfather was Enrico Piaggio, son of Piaggio founder Rinaldo Piaggio.
Exor is the holding company for the Agnelli familys investments and has stakes in a range of companies, including Ferrari, The Economist, and PartnerRe.
The Agnelli Family, a Turin Dynasty - ENCO - Corpwatchers.eu Three years later, having spun off the banking business to Banca Subalpina, the company became Istituto Finanziario Italiano Laniero (IFIL), playing a parallel role to that of IFI and conducting similar investment management activities. Producer; Director; Music; More. [26], In March 2020, Exor announced an agreement to sell PartnerRe to French mutual insurer Covea for $9 billion plus a $50 million cash dividend upon closing.
Agnelli family - Wikipedia Left-handed batters, hurt by the increasingly popular practice of bunching defenders on one side of the field, are exacting their revenge by signing sweet post-shift contracts. He has 8 grandchildren from his daughter Margherita: Inducted into the Automotive Hall of Fame in 2002. Prior to his 1997 death at age 33, he was the heir apparent and designated future chairman of the Fiat Group. Exclusive interview with Welcome to the Riley's Producer Giovanni Agnelli.DO NOT REUPLOAD TO YOUR CHANNEL. Gio Agnelli - her grandson is a film producer (Welcome to the Rileys, Twilight Saga?). Giovanni Agnelli is on Facebook. The family dynasty began in 1899 when Giovanni Agnelli, John's great-great-grandfather, founded FIAT in the northern Italian city of Turin. "[16] He was interested in politics and was an interlocutor of many politicians, including one of the founders of Italy's Democratic Party in 2007, Walter Veltroni, thanks to his innovative ideas and his attention to ethics and people's well-being. This weeks Current Climate, which every Saturday brings you the latest news about the business of sustainability. Giovanni Agnelli is a renowned name in the automotive industry.