Finance http://wardsauto.com/taxonomy/term/53307/more en UPDATE 1-Ford says Venezuela charge to reduce fourth-quarter profit by $700 mln http://wardsauto.com/update-1-ford-says-venezuela-charge-reduce-fourth-quarter-profit-700-mln <div class="node-body reuters_news-body"><p>(Adds detail, including Ford to no longer include Venezuelan operations in financial operating results)</p> <p>Jan 23 (Reuters) - Ford Motor Co on Friday said a charge related to its Venezuelan operations will reduce the company's fourth-quarter profit by about $700 million.</p> <p>Ford said its estimate for 2014 full-year pretax profit was unchanged at about $6 billion, excluding special items.</p></div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/update-1-ford-says-venezuela-charge-reduce-fourth-quarter-profit-700-mln" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy South America Venezuela Finance Fri, 23 Jan 2015 15:09:22 +0000 1209561 at http://wardsauto.com EU Ruling on ZF's TRW Acquisition Due Feb. 26 http://wardsauto.com/eu-ruling-zfs-trw-acquisition-due-feb-26 <div class="node-body reuters_news-body">German auto-parts maker ZF has bid $13.5 billion to acquire U.S. rival TRW, both of which are developing technologies for self-driving cars.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/eu-ruling-zfs-trw-acquisition-due-feb-26" target="_blank">read more</a></p> Public Gated Management & Strategy Plants & Production Politics Suppliers Europe North America Europe - Regional U.S. Germany Politics Component European Commission Finance Global Sources Globalization Purchashing Fri, 23 Jan 2015 13:01:00 +0000 1209451 at http://wardsauto.com Maruti Suzuki Not Standing Still Atop India Market http://wardsauto.com/asia-pacific/maruti-suzuki-not-standing-still-atop-india-market <div class="node-body article-body">This year’s rollout of new vehicles will be the largest in Maruti’s 32-year history as a Suzuki subsidiary. They include a mini-truck, a segment to which the automaker is a newcomer.</div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/asia-pacific/maruti-suzuki-not-standing-still-atop-india-market" target="_blank">read more</a></p> http://wardsauto.com/asia-pacific/maruti-suzuki-not-standing-still-atop-india-market#comments Premium Auto Makers Management & Strategy Plants & Production Politics Sales & Marketing Asia Pacific India Maruti Plants & Production Politics Finance Product Development Sales Results Fri, 23 Jan 2015 09:00:00 +0000 1202341 at http://wardsauto.com <p><strong>New Ciaz sedan quick to make 10 best-sellers list.</strong></p> Kia Q4 Net Profit Down 54% as Russia Market Stagnates http://wardsauto.com/kia-q4-net-profit-down-54-russia-market-stagnates <div class="node-body reuters_news-body">Kia posted a fourth-quarter net profit of 436 billion won, down from 949 billion won prior-year, a day after sister company Hyundai reported a 19% decline in net profit for the period.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/kia-q4-net-profit-down-54-russia-market-stagnates" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Sales & Marketing Asia Pacific South Korea Finance Sales Results Fri, 23 Jan 2015 05:14:00 +0000 1208931 at http://wardsauto.com UPDATE 2-Hyundai Motor's biggest-ever dividend greeted with outlook concern http://wardsauto.com/update-2-hyundai-motors-biggest-ever-dividend-greeted-outlook-concern <div class="node-body reuters_news-body"><p>* Pays 2014 dividend of 3,000 won vs 1,950 won in 2013</p> <p>* Shareholders angry over property buy, concerned about outlook</p> <p>* Q4 net falls 19 pct, misses analyst estimates; revenue up 8 pct</p> <p>* Russia, emerging market currency risks to persist - president (Adds dividend, executive, analyst comments, sales projection)</p> <p>By Hyunjoo Jin</p></div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/update-2-hyundai-motors-biggest-ever-dividend-greeted-outlook-concern" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Asia Pacific South Korea Finance Thu, 22 Jan 2015 08:51:10 +0000 1206981 at http://wardsauto.com Hyundai's South Korean Union to Appeal Ruling in Wage Dispute http://wardsauto.com/hyundais-south-korean-union-appeal-ruling-wage-dispute <div class="node-body reuters_news-body">The union will appeal a court ruling that Hyundai did not have to include regular bonuses in base pay for more than 90% of its Korean workers.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/hyundais-south-korean-union-appeal-ruling-wage-dispute" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Asia Pacific South Korea Finance Labor & Human Resources Wed, 21 Jan 2015 02:24:00 +0000 1205311 at http://wardsauto.com GM Gets 108 New Claims for Ignition Defect Compensation http://wardsauto.com/gm-gets-108-new-claims-ignition-defect-compensation <div class="node-body reuters_news-body">The latest claims raise to 2,818 the number of requests for compensation for deaths or injuries resulting from ignition-switch defects in several older GM models. </div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/gm-gets-108-new-claims-ignition-defect-compensation" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy North America U.S. Finance GM's Recall Crisis Tue, 20 Jan 2015 13:27:00 +0000 1204421 at http://wardsauto.com Korea’s Ssangyong Enters Tivoli in Global Ute Game http://wardsauto.com/plants-production/korea-s-ssangyong-enters-tivoli-global-ute-game <div class="node-body article-body">If directors of Indian parent Mahindra & Mahindra approve launching the compact SUV in the U.S., it would take at least two years for sales to begin.</div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/plants-production/korea-s-ssangyong-enters-tivoli-global-ute-game" target="_blank">read more</a></p> http://wardsauto.com/plants-production/korea-s-ssangyong-enters-tivoli-global-ute-game#comments Premium Auto Makers Management & Strategy Plants & Production Sales & Marketing Asia Pacific India South Korea Ssangyong Sales & Marketing Finance Globalization Labor & Human Resources Product Development Production Tue, 20 Jan 2015 10:55:00 +0000 1201661 at http://wardsauto.com <p><strong>Automaker banking on Tivoli for turnaround.</strong></p> China Profitability Moves to Pay Off, Renault Tells Dealers http://wardsauto.com/china-profitability-moves-pay-renault-tells-dealers <div class="node-body reuters_news-body">The French automaker is offering support to dealers complaining it, like other foreign car companies, have set unrealistically high sales targets and forced them to buy more cars than they can sell.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/china-profitability-moves-pay-renault-tells-dealers" target="_blank">read more</a></p> Public Gated Auto Makers Dealers China Retail Finance Globalization Thu, 15 Jan 2015 13:08:00 +0000 1201211 at http://wardsauto.com Magna Predicting Decrease in 2015 Revenue http://wardsauto.com/magna-predicting-decrease-2015-revenue <div class="node-body reuters_news-body">The Canadian supplier and contract assembler's prediction of $34.4 billion to $36.1 billion in total revenue falls short of analysts' expectation of $37.7 billion.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/magna-predicting-decrease-2015-revenue" target="_blank">read more</a></p> Public Gated Management & Strategy Suppliers North America Canada Finance Wed, 14 Jan 2015 13:33:00 +0000 1200421 at http://wardsauto.com