Playing catch-up: GM CEO paid $2.53 million in 2010, Toyota recalls 308,000 RAV4s, Saab to resume output next week

GM CEO Dan Akerson flashes 'V' for Victory and Volt
GM CEO Dan Akerson flashes 'V' for Victory and Volt

That’s a pretty big title up there – well, that’s because we’re playing catching and providing you a quick update to some of important industry news you may have missed while we were covering the 2011 New York Auto Show. We still have a couple of New York Auto Show posts coming so stay tuned.

  • GM’s Whitacre gets $5 million, Akerson gets $2.5 million: Edward Whitacre, the former CEO GM, was paid over $5 million in total compensation for his nine months in 2010. Dan Akerson, who replaced Whitacre, was given total compensation worth over $2.5 million last year for working three months. CNNMoney
  • Toyota recalls 308,00 RAV4s, Highlanders: Toyota is recalling 2007 through 2008 model year RAV4 and certain 2008 Highlander and Highlander Hybrid vehicles in the United States to replace the airbag sensor assembly. – Toyota
  • Saab to resume output next week: Saab CEO Victor Muller said Thursday that the troubled Swedish automaker is on track to win government financing and plans on resuming output sometime next week. – Detroit News
  • Elena Ford pleads guilty to driving drunk: Ford executive and great-great-granddaughter of Henry Ford has been sentenced to two years’ probation after pleading guilty to driving drunk with her 11-year-old son aboard. Bloomberg
  • Feds to award $5 million for more EV charging: The U.S. Energy Department said Tuesday that it will spend $5 million to fund and speed up installations of electric-vehicle charging stations. AutoObserver

– By: Omar Rana