Finance http://wardsauto.com/taxonomy/term/53307/more en E-Commerce Giant Alibaba, Shanghai GM to Market Cars Online http://wardsauto.com/e-commerce-giant-alibaba-shanghai-gm-market-cars-online <div class="node-body reuters_news-body">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.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/e-commerce-giant-alibaba-shanghai-gm-market-cars-online" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Dealers Sales & Marketing Asia Pacific China Finance Internet Marketing Fri, 17 Apr 2015 11:54:00 +0000 1261661 at http://wardsauto.com Magna Selling Bulk of Interiors Business to Spanish Firm http://wardsauto.com/magna-selling-bulk-interiors-business-spanish-firm <div class="node-body reuters_news-body">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. </div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/magna-selling-bulk-interiors-business-spanish-firm" target="_blank">read more</a></p> Public Gated Management & Strategy Suppliers Europe Vehicles & Technology North America Canada Spain Finance Globalization Restructuring Vehicle Interiors Thu, 16 Apr 2015 13:23:00 +0000 1260831 at http://wardsauto.com Marchionne:FCA Likely to Retain 90% of Ferrari in IPO http://wardsauto.com/marchionnefca-likely-retain-90-ferrari-ipo <div class="node-body reuters_news-body">The likely 10% limit on FCA's sale of Ferrari shares marks a switch from a month ago, when CEO Sergio Marchionne said the automaker might sell more than 10% to improve the shares' liquidity. </div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/marchionnefca-likely-retain-90-ferrari-ipo" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Europe North America U.S. Italy Fiat-Chrysler: What's Next Finance Restructuring Wed, 15 Apr 2015 12:18:00 +0000 1259771 at http://wardsauto.com Russian Government Cuts Automakers’ Wish List Short http://wardsauto.com/politics/russian-government-cuts-automakers-wish-list-short <div class="node-body article-body">Automakers support the government subsidies but also want regulations on assembly operations eased, support for new agreements with foreign manufacturers, resumption of preferential auto lending and limits on steel exports.</div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/politics/russian-government-cuts-automakers-wish-list-short" target="_blank">read more</a></p> http://wardsauto.com/politics/russian-government-cuts-automakers-wish-list-short#comments Public Gated Auto Makers Management & Strategy Plants & Production Politics Sales & Marketing Europe Russia General Motors SEAT Politics Finance Production Purchashing Restructuring Sales Results Tue, 14 Apr 2015 09:51:00 +0000 1257841 at http://wardsauto.com <p><strong>Mazda-Sollers joint venture output continues in Vladivostok.</strong></p> Ford to gain control of Russia JV and provide finance http://wardsauto.com/ford-gain-control-russia-jv-and-provide-finance <div class="node-body reuters_news-body"><p>MOSCOW, April 10 (Reuters) - U.S. auto maker Ford Motor Co will take control of its Russian venture with Sollers and provide it with additional financial support, the Russian firm said on Friday.</p> <p>Ford is taking control in exchange for preferred shares in the Ford-Sollers venture, while its economic interest in the venture remains unchanged at 50 percent, Sollers said.</p> <p>The companies agreed the changes to the venture's shareholder structure on March 31, Sollers said, without providing any financial details of the transaction.</p></div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/ford-gain-control-russia-jv-and-provide-finance" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Plants & Production Europe Russia Finance Globalization Production Restructuring Fri, 10 Apr 2015 11:44:06 +0000 1257291 at http://wardsauto.com Retaking Top Spot in Brazil Tough Nut for VW to Crack http://wardsauto.com/sales-marketing/retaking-top-spot-brazil-tough-nut-vw-crack <div class="field-byline"> Mauricio Savarese </div> <div class="node-body article-body">“VW tried to keep their leadership in the market by producing cars that are very safe, since Brazil has some of the deadliest roads in the world,” analyst Mauricio Muramoto says. “But Brazilians actually want better design. That is where the market is going.”</div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/sales-marketing/retaking-top-spot-brazil-tough-nut-vw-crack" target="_blank">read more</a></p> http://wardsauto.com/sales-marketing/retaking-top-spot-brazil-tough-nut-vw-crack#comments Premium Auto Makers Management & Strategy Politics Sales & Marketing South America Brazil Fiat Volkswagen Finance Sales Results Tariffs Trade Thu, 09 Apr 2015 09:30:00 +0000 1248331 at http://wardsauto.com <p><strong>Up city car helps prop up VW sales in Brazil.</strong></p> U.K. Bags Major Investments by Three Automakers http://wardsauto.com/plants-production/uk-bags-major-investments-three-automakers <div class="node-body article-body">With Honda of the U.K. Mfg. being developed into a specialist production facility for the 5-door Civic, the next-generation CR-V will be manufactured at Honda of Canada Mfg. in Ontario for export to Europe.</div> <div class="og_rss_groups"></div><p><a href="http://wardsauto.com/plants-production/uk-bags-major-investments-three-automakers" target="_blank">read more</a></p> http://wardsauto.com/plants-production/uk-bags-major-investments-three-automakers#comments Premium Auto Makers Management & Strategy Plants & Production Europe North America Canada United Kingdom Honda Jaguar Land Rover Capacity Utilization Finance Globalization Production Wed, 08 Apr 2015 17:29:00 +0000 1255491 at http://wardsauto.com <p><strong>Honda plant in Swindon, U.K., to anchor Civic production.</strong></p> France Ups Renault Stake in Challenge to Ghosn http://wardsauto.com/france-ups-renault-stake-challenge-ghosn <div class="node-body reuters_news-body">The government says it temporarily is raising its stake in the automaker from 15% to 19.7% to secure double voting rights for itself and other long-term investors ahead of an April 30 shareholders meeting.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/france-ups-renault-stake-challenge-ghosn" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Politics Europe France Politics Finance Restructuring Wed, 08 Apr 2015 13:31:00 +0000 1256021 at http://wardsauto.com Hyundai Motor Chair's 2014 Compensation $5.2 Million http://wardsauto.com/hyundai-motor-chairs-2014-compensation-52-million <div class="node-body reuters_news-body">Chung Mong-koo's 2% raise reflects the automaker's lackluster 2014 earnings stemming from a weak yen and ruble.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/hyundai-motor-chairs-2014-compensation-52-million" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Asia Pacific South Korea Finance Labor & Human Resources Tue, 31 Mar 2015 09:54:00 +0000 1251231 at http://wardsauto.com PSA's CEO Says Merger Off Table Pending Turnaround http://wardsauto.com/psas-ceo-says-merger-table-pending-turnaround <div class="node-body reuters_news-body">Carlos Tavares, CEO of the French automaker, says "it's a little bit early" to consider a merger while its recovery continues.</div><div class="og_rss_groups"></div><p><a href="http://wardsauto.com/psas-ceo-says-merger-table-pending-turnaround" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Europe France Finance Restructuring Tue, 31 Mar 2015 06:29:00 +0000 1251001 at http://wardsauto.com