• Newswire

    Hyundai Motor Chair's 2014 Compensation $5.2 Million  

    Chung Mong-koo's 2% raise reflects the automaker's lackluster 2014 earnings stemming from a weak yen and ruble....More
  • Newswire

    PSA's CEO Says Merger Off Table Pending Turnaround  

    Carlos Tavares, CEO of the French automaker, says "it's a little bit early" to consider a merger while its recovery continues....More
  • Newswire

    Rupiah Down, Japan's Interest in Indonesia Production Up  

    With the weakening rupiah depressing imports, Japanese automakers instead are investing in local production in what has become Southeast Asia's biggest car market....More
  • Newswire

    PSA Says Economic Recovery Brings Profit Goal Closer  

    The French automaker's chief financial officer says a weak euro and falling raw-materials costs could help the company reach its 2018 goal of a 2% profitability margin ahead of schedule....More
  • Newswire

    Russia Approves Subsidies for Automakers  

    The government is providing RR10 billion to support automakers suffering from a prolonged sales slump and higher production costs stemming from the weakening ruble....More
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