More in Management & Strategy

  • Newswire

    REFILE-PSA Peugeot Citroen CEO open to expand mini-car collaboration beyond Toyota  

    (Fixes spelling of CEO's name in second paragraph) By Norihiko Shirouzu SHANGHAI April 23 (Reuters) - French automaker PSA Peugeot Citroen is open to bringing in more partners to its existing collaboration with Toyota Motor Corp to share the cost of designing and manufacturing mini-cars, according to its chief executive....More
  • Newswire

    Peugeot, IBM Expanding Connected-Car Partnership  

    The automaker and the computer-services provider are extending by seven years their year-old agreement to develop connected-car services more advanced than current navigation and infotainment technology....More
  • Newswire

    Indian Automaker Preparing to Bid for Pininfarina  

    Sources say Mahindra & Mahindra intends to submit a formal bid for the Italian car-design studio in time for an April 29 shareholder meeting....More
  • Newswire

    French Government Completes Renault Stake Increase  

    The government's stake in Renault stands at 19.74%, up from 15.01%, in a move designed to obtain the extra voting weight needed to block efforts to uphold the automaker's one-share, one-vote capital structure....More
  • Newswire

    Supplier Continental Steps Up China Investment  

    CEO Elmar Degenhart says the German supplier plans to invest about €1 billion in China to 2019, the same amount it invested from 2010-2014....More
  • Newswire

    Greenlight Capital Acquires New Stake in GM  

    The hedge fund shed its stake in GM during last year's recall of cars with defective ignition switches but is reclaiming it in anticipation of the automaker's $5 billion share buyback....More
  • Newswire

    Mahindra & Mahindra Pursuing Pininfarina, Sources Say  

    Two sources familiar with the negotiations say the Indian automaker intends to present a formal offer for the Italian design studio before its April 29 shareholder meeting....More
  • Newswire

    Audi Positioned to Meet China Demand, Execs Say  

    The Volkswagen-owned brand's China president, Dietmar Voggenreiter, says the country's growing middle class is finding models such as its A4 and Q5 appealing and affordable....More
  • Newswire

    UPDATE 3-Volkswagen CEO survives challenge from powerful chairman  

    * Top VW panel backs CEO in clash with chairman * Row comes as carmaker cuts costs to boost profit * Analysts say too early to write off Piech (Adds analyst comments, share price comparison and background) By Andreas Cremer and Jan Schwartz BERLIN/HAMBURG, April 17 (Reuters) - Volkswagen CEO Martin Winterkorn has survived a challenge from powerful chairman Ferdinand Piech, but their row remains a distraction for the carmaker as it struggles to boost profits and revamp its ailing U.S. business....More
  • Newswire

    Lotus' Parent Company Expanding Into China  

    Malaysian conglomerate DRB-HICOM's automotive subsidiaries Proton and Lotus will form a joint venture with Chinese automaker Goldstar to build, sell and provide after-sales service for Lotus cars in the country....More
  • Newswire

    E-Commerce Giant Alibaba, Shanghai GM to Market Cars Online  

    Shanghai GM becomes the latest automaker to partner with Alibaba to offer online sales and financing for GM products and collaborate on marketing and aftermarket services....More
  • Newswire

    Magna Selling Bulk of Interiors Business to Spanish Firm  

    Spain's Grupo Antolin is spending $525 million to purchase 36 manufacturing plants with 12,000 employees in Europe, North America and Asia from the Canadian parts maker....More
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