Restructuring

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  • Newswire

    FCA Chairman Confirms CEO's Merger Overture to GM  

    Chairman John Elkann tells reporters CEO Sergio Marchionne's suggestion to GM CEO Mary Barra that the two automakers merge "was not the only email" on the topic....More
  • Newswire

    UPDATE 3-Opel chief rules out deal with Fiat  

    * Opel CEO sees need to improve volume, scale, utilisation * Opel to focus on efficiency sharing platforms with GM * Says eyeing high-def maps, Nokia not the only supplier (Adds comment from Opel spokesman about Peugeot cooperation) By Edward Taylor RUESSELSHEIM, Germany, May 28 (Reuters) - Opel chief Karl-Thomas Neumann ruled out a deal with Fiat but said on Thursday he sees the need to improve volume, scale and utilisation in the auto industry and at his own company....More
  • Newswire

    UPDATE 2-Toyota, Mazda plan long-term partnership to confront tech challenges  

    * To seek broad collaboration, including in environment and safety * Industry-wide trend for tie-ups to share costs, build up scale * Toyota, Mazda already cooperate in tech, manufacturing (Updates with companies' announcement) By Chang-Ran Kim...More
  • Newswire

    GM Expects to Halt Venezuela Production in July  

    The automaker, which builds four vehicles and employs 3,000 people in Venezuela, is the latest U.S. corporation acting to protect its profits against the country's currency fluctuations....More
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