More in Management & Strategy

  • Newswire

    EU Investigates Hungarian State Aid for Audi  

    The European Union's executive body is investigating whether the Hungarian government complied with EC rules in granting aid to the German automaker....More
  • Newswire

    Tesla Hit With Trademark-Infringement Suit in China  

    Businessman Zhan Baosheng registered the Tesla trademark in China before the U.S. company began selling electric vehicles in the country....More
  • Newswire

    REFILE-GM Korea CEO warns of output cut as strike vote looms  

    (Refiles to restore dropped letter in seventh paragraph) SEOUL, July 8 (Reuters) - General Motors' South Korea chief warned employees that a potential strike could lead to further production cuts in one of its major Asian manufacturing bases, according to an email sent to staff and obtained by Reuters. GM's 15,000 unionised workers in South Korea plan to cast ballots on Tuesday and Wednesday on whether to stage a strike for a fourth consecutive year, signalling a resurgence of summer labour unrest in the country's auto industry....More
  • Newswire

    Founding Family Could Increase Control of Fiat After Chrysler Merger  

    The Agnelli family owns 30% of Fiat Chrysler Automobiles, but their stake could rise to 46% under a plan to reward long-term investors as part of the automakers' merger....More
  • Newswire

    Fiat Sets Aug. 1 Shareholder Vote on Chrysler Merger  

    Approval of the merger with Chrysler will allow Fiat CEO Sergio Marchionne to list the merged Fiat Chrysler Automobiles in New York by year's end....More
  • Newswire

    Ford CEO Fields In Line for 9% Salary Increase  

    The automaker says that, in addition to stock options and a performance-based bonus, Fields' base salary will be $1.75 million this year, up from $1.6 million last year when he was chief operating officer....More
  • Newswire

    Fiat Chrysler Sets Merger Vote by Shareholders for Early August  

    CEO Sergio Marchionne says Fiat Chrysler Automobiles shareholders will vote "at the start of August" on the merger, which if approved would clear the way for him to list the automaker in New York before year-end....More
  • Newswire

    Report Says Chrysler to Sell Mitsubishi-Built Sedan in Mexico  

    A source familiar with the deal says Mitsubishi will supply its Thailand-built Attrage sedan to Chrysler for sales in Mexico starting this year....More

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