More in Management & Strategy

  • 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
  • Newswire

    UPDATE 4-Canadian auto parts maker Magna to buy Germany's Getrag for $1.9 bln  

    (Adds Getrag valuation, CFO comment and detail on advisers) By Euan Rocha and Allison Martell TORONTO/FRANKFURT, July 16 (Reuters) - Canadian automotive parts maker Magna International Inc said on Thursday it would buy privately-owned German car parts maker Getrag for 1.75 billion euros ($1.9 billion), in a bid to expand its automotive transmission systems business....More
  • Newswire

    Supplier Strike Ends, Spain's Seat Resumes Production  

    Volkswagen's Spanish subsidiary had shut down Wednesday because of a strike at Johnson Controls Eurosit that cut off supplies of seats....More
  • Newswire

    GM Korea Workers Plan Partial Strike Friday  

    The union representing nearly 14,000 hourly workers says it will strike for two hours Friday and four hours July 22 and refuse to work overtime or weekends while contract negotiations with the automaker continue....More
  • Newswire

    Porsche's German Plants Getting €1.1 Billion Upgrade  

    The sports car maker's spending plan runs through 2020 and includes building a new engine plant and body shop at its core Zuffenhausen facility in Southern Germany....More
  • Newswire

    Report Says FCA's Marchionne Done Courting GM  

    The New York Times quotes the Fiat Chrysler Automobiles CEO as saying he "won't go back to get my nose bloodied a second time" after GM rejected his merger proposal in March....More
  • Newswire

    PSA Sees Iran Opportunities With Deal to Lift Sanctions  

    A PSA official says the diplomatic agreement lifting sanctions against Iran will promote car production using the French automaker's latest vehicle architectures and engines....More
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