More in Management & Strategy

  • Newswire

    GM Korea, Union Negotiate Tentative Pay Deal  

    The tentative agreement heads off a strike at GM Korea, which accounts for one-fifth of the automaker's global production and where labor costs have risen nearly 50% since 2010....More
  • Newswire

    Valeo Boosts 2015 Profit Forecast  

    The French automotive supplier revises its full-year profit forecast after first-half net income soared 34% and sales climbed 15% to beat analysts' estimates....More
  • Newswire

    Johnson Controls Reports Q3 Profit Up  

    The largest automotive supplier in the U.S. says third-quarter net income more than doubled from the prior year, from $230 million to $503 million....More
  • Newswire

    Report Says VW Preparing to Slash China Spending  

    A German magazine says the automaker, whose profits at its Chinese joint ventures are running 25% below year-ago, is preparing a cost-saving program in response to slumping demand....More
  • Newswire

    Supplier Faurecia Raises 2015 Profit Margin  

    The French automotive supplier, citing sales growth in Europe and North America and a weak euro, says first-half net income nearly doubled from like-2014....More
  • Newswire

    CORRECTED-UPDATE 1-GM earnings more than doubles on U.S. truck demand; shares jump  

    (In paragraph nine, removes full dollar amount for net income before one-time charges. The per-share amount is correct, at $1.29.) By Joseph White and Bernie Woodall DETROIT, July 23 (Reuters) - General Motors Co shares surged in premarket trading Thursday after the automaker reported adjusted net income that more than doubled in the second quarter, driven by North American truck sales and continued strength in China....More
  • Newswire

    UPDATE 2-Luxury sportscar maker Ferrari files for New York listing  

    * To sell 10 pct of Ferrari to fund FCA's ambitious growth plan * Marchionne says Ferrari should be worth "at least" $11 bln * To be floated in New York, may seek secondary listing in Milan * To include loyalty scheme that will benefit Agnelli family (Recasts, adds details) By Agnieszka Flak...More
  • Newswire

    Audi's China Head Ousted as Sales Drop Continues  

    The Volkswagen-owned luxury automaker will replace Dietmar Voggenreiter as head of its Chinese operations at year-end, but says his dismissal and Audi's recent sales slowdown aren't related....More
  • Newswire

    Toyota Forming Investment Fund to Pursue Innovation  

    The automaker will team with a Japanese bank and asset-management company to invest in advanced-technology projects including autonomous driving, robotics and artificial intelligence....More
  • Newswire

    Hyundai's Creta Raises SUV Stakes in India, Export Markets  

    The Creta is Hyundai's first SUV to launch in India, where the South Korean automaker ranks No.2 in sales and is the country's largest exporter....More
  • Newswire

    Ghosn: Nissan Eyeing Purchase of EV Batteries  

    The Nissan CEO tells The Wall Street Journal the automaker may follow alliance partner Renault's lead and purchase batteries for its electric cars, rather than build its own in a joint venture with NEC....More
  • Newswire

    China Slowdown Costly to VW, GM  

    Both Volkswagen and General Motors have scaled back their 2015 China sales forecasts, which likely would be accompanied by declines in profitability and cash flow....More
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