Management & Strategy

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  • Newswire

    VW CFO Says Not Ruling Out Acquisitions Forever  

    Wolfsburg-based VW earlier this month denied a press report saying it was seeking to buy U.S. truck maker PACCAR....More
  • Newswire

    UPDATE 1-VW profit takes hit from emerging market slowdown  

    * Q2 op profit falls 3.1 pct to 3.33 bln euros * Q2 sales fall 2.2 pct to 51 bln euros * Keeps FY profit, sales guidance (Adds detail on results and background) By Andreas Cremer BERLIN, July 31 (Reuters) - Volkswagen posted a lower operating profit in the second quarter and stuck to its guidance as emerging market volatility weighed on the German carmaker's results....More
  • Newswire

    FCA's Marchionne Would Consider Alliances With All Automakers  

    The Fiat Chrysler CEO says the automaker would be "open to discussions with everybody," especially if an alliance could enhance the cost structure and market presence of its brands....More
  • Newswire

    UPDATE 2-Peugeot car division back in profit as new CEO makes mark  

    * H1 cash flow 1.67 bln euros vs 203 mln year ago * H1 net loss 114 mln euros vs 471 mln loss year ago * New CEO reports progress on pricing, costs * Shares up 6 percent (Adds CEO and analyst comments, details, background) By Laurence Frost and Gilles Guillaume...More
  • Newswire

    UPDATE 2-Honda profit beats estimates but U.S. sales dented  

    * April-June oper profit up 7.1 pct, beats forecasts * FY oper profit outlook raised to 770 bln yen from 760 bln * Honda's N.American Q1 operating profit down 6 pct * Production at new Mexico plant slower than expected -exec * Still aims for annual US sales target of 1.55 mln vehicles (Adds executive comment, North American profit decline, Brazil and China information) By Yoko Kubota...More
  • Newswire

    UPDATE 2-Engine-maker Cummins ups outlook; investors underwhelmed  

    * Expects FY sales to grow between 8 and 11 pct * North America sales up 14 pct; international down 1 pct * Shares fall 3.9 pct as margin forecast unchanged (Adds details from conference call, analyst comment; updates share price) July 28 (Reuters) - Engine-maker Cummins Inc raised its revenue forecast this year, on the back of increased demand from North American truck makers, but its shares dropped as much as 3.9 percent as investors were unimpressed....More
  • Jul 28, 2014
    blog

    Dealers Blamed for Dismal EV Market 2

    If Tesla were convinced the existing dealer infrastructure was truly motivated and capable of selling its cars, then this dust-up and threats of litigation never would have occurred....More
  • Newswire

    GM Korea Reaches Tentative Wage Deal, Averting Strike  

    As part of the labor deal, GM is reversing an earlier decision not to make the next-generation Chevrolet Cruze at the Gunsan plant....More

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