Restructuring

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  • Newswire

    UPDATE 1-Opel CEO rules out deal with Fiat  

    * Opel CEO sees need to improve volume, scale, utilisation * More potential within GM than from Peugeot cooperation * Says eyeing high-def maps, Nokia not the only supplier (Adds comments on Nokia maps) By Edward Taylor RUESSELSHEIM, Germany, May 28 (Reuters) - Opel CEO Karl-Thomas Neumann on Thursday ruled out a deal with Fiat but said he sees the need to improve volume, scale and utilisation in the auto industry and at Opel....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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