DETROIT -- Bo Andersson, the one-time General Motors purchasing and supply chain chief, now is learning the headaches of running an automaker as CEO of GAZ Group, Russia's second-largest auto company.
GAZ is "a very strong market player in all segments of our business ... except passenger cars," Andersson, 54, told the Automotive News World Congress last week.
The cars that GAZ builds barely make a profit, while its heavy trucks and construction vehicles generate double-digit profits, he said.
Andersson is focusing on change in six areas:
1. Improve quality, warranty and cost of ownership.
2. Restructure GAZ's nearly $1 billion of debt.
3. Develop leadership.
4. Combine or reduce the management structure.
5. Offer new products through joint ventures.
6. Improve purchasing structure.