Newswire

  • Newswire

    MAN SE labour boss will become manager at parent VW on June 1  

    BERLIN, May 22 (Reuters) - German truckmaker MAN SE's top labour representative said on Friday he will quit his position next month to take up a management role with parent Volkswagen. Juergen Dorn, who has chaired MAN's works council since 2008, will become a manager at Wolfsburg-based VW's human resources department on June 1, he said in a letter to staff published on Friday and seen by Reuters....More
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    UPDATE 1-Production resumes at Turkish units of Ford and Fiat  

    (Recasts, adds background) ISTANBUL, May 22 (Reuters) - Production resumed at the Turkish operations of Ford and Fiat Chrysler on Friday after a labour dispute disrupted output for about a week and embarrassed the government ahead of a parliamentary election. But assembly lines remained stalled at Renault's local operations, while tractor maker Turk Traktor said on Friday it was forced to halt production because of the dispute....More
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    Audi says to enhance Chinese connected-car offerings with Baidu  

    NECKARSULM, Germany, May 22 (Reuters) - Audi said on Friday its planned cooperation with China's web services provider Baidu aims to enhance connected-car offerings in the world's largest auto market. Based on a partnership agreed in January, the two companies will jointly develop navigation map data, positioning algorithms and point-of-interest functions, Audi said in a statement published ahead of its annual shareholder meeting in Neckarsulm, Germany....More
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    Tofas says output restarts after Turkish labour dispute  

    ISTANBUL, May 22 (Reuters) - Turkey's Tofas said on Friday its production activities had restarted as of May 22 and that it had no problems in the procurement process from suppliers after a labour dispute halted production. Before the announcement from Tofas, a joint venture between Italy's Fiat and Turkey's Koc Holding, Ford Otosan announced manufacturing operations had restarted at its Golcuk and Yenikoy plants in northwest Turkey from the May 21 night shift. (Writing by Daren Butler; editing by David Dolan)...More
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    UPDATE 1-Mazda, Subaru, Mitsubishi add 720,000 cars to Takata air bag recall  

    (Adds recall by Fuji Heavy's Subaru brand) TOKYO, May 22 (Reuters) - Japan's Mazda Motor Corp, Fuji Heavy Industries Ltd and Mitsubishi Motors Corp said on Friday they would recall about 720,000 more cars equipped with air bag inflators made by parts supplier Takata Corp. The recalls follow similar moves last week by other Japanese automakers to replace Takata's inflators. Regulators have linked six deaths worldwide to defective Takata air bags which exploded too violently and shot shrapnel into vehicles....More
  • Newswire

    Turkey's Ford Otosan says manufacturing restarted after labour action  

    ISTANBUL, May 22 (Reuters) - Turkey's Ford Otosan said on Friday manufacturing operations have restarted at its Golcuk and Yenikoy plants in northwest Turkey from the May 21 night shift after a parts supply problem caused by labour action was resolved. The industrial action over working conditions and pay has also hit carmakers Tofas and Oyak Renault and a number of parts suppliers clustered around the northwestern city of Bursa, the hub of the Turkish auto industry. (Writing by Daren Butler; Editing by Nick Tattersall)...More
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    Slovak Republic - Factors To Watch on May 22  

    BRATISLAVA, May 22 (Reuters) - Here are news stories, press reports and events to watch which may affect Slovak financial markets on Friday. ALL TIMES GMT (Slovak Republic: GMT + 2 hours) =========================ECONOMIC DATA========================= Real-time economic data releases................... Previous stories on Slovak data............ Overview of economic data and forecasts......... ==========================EVENTS================================ BRATISLAVA: Parliament holds a regular session....More
  • Newswire

    Mazda, Mitsubishi add 630,000 more cars to Takata air bag recall  

    TOKYO, May 22 (Reuters) - Mazda Motor Corp and Mitsubishi Motors Corp said on Friday they would recall about 630,000 more vehicles to replace air bag inflators made by Japan's Takata Corp, following similar moves last week by domestic automakers. Mazda said it was recalling about 120,000 vehicles including the Atenza sedan, Bongo van and two models it builds for Nissan Motor Co and Mitsubishi Motors. A spokeswoman said it was still working out plans for any recall overseas....More
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    Turk Traktor halts production in two cities due to labour dispute  

    ISTANBUL, May 22 (Reuters) - Turk Traktor ve Ziraat Makineleri will halt production in two cities because of an ongoing labour dispute, the Turkish tractor maker said in a statement to the Istanbul Stock Exchange. The company, which is owned by Koc Holding and also operates in Izmir on Turkey's western coast according to its annual report, said production in Ankara and Erenler will be halted, citing risk management policies of the firm....More
  • Newswire

    French and Benelux stocks-Factors to watch on May 22  

    PARIS, May 22 (Reuters) - Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks. ORANGE Orange Chief Executive Stephane Richard denied any wrongdoing on Thursday after he was placed under formal investigation over allegations of complicity in the misuse of public funds in a long-running legal case. RENAULT...More
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