More in Management & Strategy

  • Newswire

    GM Brazil Strike Ends After Layoffs Suspended  

    The 2-week walkout ended when GM placed the 800 workers slated for layoff on five months' paid leave and said it would launch a voluntary buyout plan....More
  • Newswire

    Daimler Confident in Continued Growth in China  

    Hubertus Troska, who heads the German luxury automaker's China operations, says he expects sales to "significantly" exceed 300,000 units this year despite the country's stock-market slump....More
  • Newswire

    GM China JV Announces 'Green Car' Plant  

    The plant under construction by SAIC-GM-Wuling, the U.S. automaker's JV with two Chinese companies, will have annual capacity to build 200,000 "new energy" electric and hybrid cars....More
  • Newswire

    Report Says Daimler's Zetsche Eyeing Tech JVs  

    CEO Dieter Zetsche tells a German magazine automakers developing cars of the future will require "different types" of cooperation with high-tech companies such as Apple and Google....More
  • Newswire

    Volvo First-Half Profit Up 71%  

    The Swedish subsidiary of Chinese automaker Geely is maintaining its full-year forecast of nearly 500,000 cars, with gains in Europe and the U.S. offsetting a slowdown in China....More
  • Newswire

    Hyundai Shakes Up China Management  

    The South Korean automaker replaced three top executives after Hyundai and Kia sales fell 32% and 33% in July in the world's biggest automotive market....More
  • Newswire

    Toyota Halts Production at Russian JV  

    The Japanese automaker in late June suspended production of Land Cruiser Prado SUVs at a plant in Vladivostok, but says it will maintain operations at its remaining Russian plant in St. Petersburg....More
  • Newswire

    Report Says Dongfeng, Saab Owner to Develop Green Cars  

    China's state-owned news agency says automakers Dongfeng and Saab owner National Electric Vehicle Sweden will develop what likely will be electric or highly electrified cars....More
  • Newswire

    Fiat Spinoff Boosts FCA's Fortunes  

    Rising sales and profits, and successful new products, have improved the automaker's share value going back to last year, but some analysts predict a backslide when the Ferrari spinoff is completed....More
  • Aug 14, 2015
    blog

    Merge Those Powertrain Operations 2

    In the NAFTA market alone, GM, Ford and FCA will build nearly 9 million engines and 9 million transmissions this year. FCA estimates nearly 90% of that production overlaps....More
  • Newswire

    Tesla Hikes Share Offering to $642.5 Million  

    The electric-vehicle maker says it will offer 2.7 million shares valued at $642.5 million, nearly 30% higher than the $500 million sale announced Thursday....More
  • Newswire

    UPDATE 3-Musk to invest $20 mln in Tesla's $500 mln share sale  

    (Adds Breakingviews link) By Sagarika Jaisinghani and Arunima Banerjee Aug 13 (Reuters) - Tesla Motors Inc CEO Elon Musk will invest $20 million as part of the company's $500 million stock offering in a show of confidence at a time when the electric car maker is burning through cash. Tesla said on Thursday it would use the proceeds from the sale to help fund its upcoming Model 3 project and its battery gigafactory in Nevada. (http://bit.ly/1TuIQJa)...More

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