More in Management & Strategy

  • Newswire

    UPDATE 2-Tata Motors net profit down 56 pct as Jaguar Land Rover Chinese sales drop  

    * Net profit 17.17 bln rupees vs 40.95 bln rupees forecast * JLR unit profit falls by a third * Analyst estimates forex loss of about 220 mln pounds (Adds executive comment, details) By Zeba Siddiqui and Aditi Shah MUMBAI/NEW DELHI, May 26 (Reuters) - Tata Motors Ltd , India's biggest automaker by revenue, reported a surprise 56 percent drop in quarterly net profit on Tuesday, hit by cooling demand for its sleek Jaguar saloons and sporty Range Rovers in the key Chinese market....More
  • Newswire

    Ford's Turkish JV Halts Output as Labor Dispute Rekindles  

    The automaker's Ford Otosan unit says it suspended operations at the Inonu plant as a precaution after some workers who took part in strikes last week did not leave the facility....More
  • Newswire

    Daimler, Chinese Tech Power to Team on Connected Cars  

    The German automaker's Mercedes-Benz cars will offer software made by web-services company Baidu that allows consumers to access content from their smartphones via their dashboards....More
  • Newswire

    Ford, FCA Production in Turkey Resumes; Renault Still Down  

    A weeklong protest over working conditions and pay initially shut down parts suppliers, then spread to automakers with operations in the country....More
  • Newswire

    PSA's Chinese JV Reported Starting SE Asia Production  

    China's official news agency says automakers Dongfeng and PSA Peugeot Citroen are cooperating with a Malaysian firm to build vehicles there, and will do likewise with a Vietnamese company later this year....More
  • Newswire

    Two Turkish Auto Plants Shut as Labour Protest Spreads  

    Protests against working conditions began Thursday at a joint venture co-owned by Renault and spread Friday to a JV co-owned by Fiat; the two plants account for 40% of Turkey's annual auto production....More
  • Newswire

    UPDATE 1-Nissan CEO says no need to change Renault alliance after French govt ups stake  

    * No need to change capital alliance with Renault - Nissan's Ghosn * Nissan set aside enough funds to cover Takata-linked recalls -Ghosn (Adds Ghosn comments on Takata, background) By Maki Shiraki YOKOHAMA, Japan, May 18 (Reuters) - Nissan Motor Co Ltd CEO Carlos Ghosn said on Monday he did not think there was any need to change the automaker's capital alliance with Renault at present after France raised its stake and voting rights in Renault last month....More
  • Newswire

    UPDATE 2-Protests halt production at Turkish car factories owned by Renault, Fiat  

    (Recasts with production stoppage at second carmaker) By Birsen Altayli ISTANBUL, May 15 (Reuters) - Production at two separate Turkish car manufacturers part-owned by European carmakers Renault and Fiat ground to halt on Friday as workers protested wages and other employment conditions, company officials and media reports said. A Renault spokesman said work at the Turkish factory had stopped late on Thursday. Workers are protesting at the country's biggest automobile exporter, according to news reports....More
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