More in Management & Strategy

  • Newswire

    Chinese Automaker Brilliance's Boss Jumps to BMW  

    Olaf Kastner succeeds Karsten Engel as chief of BMW's China business, having served previously as head of the joint venture between the German automaker and local manufacturer Brilliance....More
  • Newswire

    UPDATE 3-Takata slashes outlook as automakers drop its air bag inflators  

    * Takata cuts FY net profit outlook to 5 bln yen from 20 bln * Toyota president: won't use Takata ammonium nitrate inflators * Takata shares briefly turn positive after Toyota comment * Shares down nearly 40 percent in three days (Recasts throughout with Takata earnings, guidance) By Makiko Yamazaki...More
  • Newswire

    UPDATE 2-Toyota cuts full-year sales forecast on sluggish Asian recovery  

    * Toyota lowers FY sales f'cast by 1 pct, profit unchanged * World's top automaker cites weak sales in emerging Asia * Q2 profit supported by weak yen, lower costs (Recasts, adds comment, details) By Naomi Tajitsu TOKYO, Nov 5 (Reuters) - Toyota Motor Corp cut its full-year revenue forecast on Thursday as the Japanese company expects weaker vehicle sales in emerging Asian countries, where demand for cars has been hit by slowing growth....More
  • Newswire

    UPDATE 4-VW Says Fuel Usage Understated on Some Models; Porsche Warns  

    The latest findings that VW understated fuel consumption and carbon dioxide emissions, were disclosed as VW continues a broad review of its handling of all pollution-related issues....More
  • Newswire

    Reports Say U.S. Settles With Takata Over Airbags  

    A Japanese newspaper reports the auto supplier will pay $70 million to U.S. regulators and car owners in a settlement stemming from defective airbags blamed for several deaths...More
  • Newswire

    VW Against UAW Organizing Vote at Tennessee Plant  

    VW says it opposes the union representation vote by some 165 skilled-trades workers at its Chattanooga, TN, plant because the timing is bad, a reference to the diesel-emissions scandal besieging the automaker....More
  • Newswire

    Audi Sees Q3 Profits Drop But Sticks With Margin Target  

    The Volkswagen-owned luxury automaker says strong demand in Europe and the U.S. offset a drop in China sales and the costs of launching both a redesigned A4 sedan and a Brazilian plant....More
  • Newswire

    UPDATE 2-Nissan seeks closer Renault alliance, wary of French state's role  

    * Nissan concerned of French state's say in Renault -exec * Nissan lifts full-yr f'casts for revenue, profit after strong Q2 * Operating profit climbs 44 pct to 201 billion yen * Q2 revenue jumps 13.2 pct on strong sales in N. America, Europe (Recasts on Nissan comments on Renault alliance) By Naomi Tajitsu...More
  • Oct 29, 2015

    American Motors’ Former HQ for $500? 1

    How things got to this sad state of affairs is a story much too long to recite here, but it reflects AMC’s often-stormy history from its creation in 1954....More
  • Newswire

    Fuel-Cell Vehicle on BMW Drawing Board  

    The German automaker expects to bring an FCV to market after 2020, when its 7-year research partnership with Toyota expires....More
  • Newswire

    UPDATE 4-Hit by scandal, VW posts first quarterly loss in at least 15 years  

    * Q3 operating loss of 3.48 bln euros in line with consensus * VW set aside 6.7 bln euros in Q3 scandal provisions * VW expects significant drop in 2015 operating profit * VW has made no provisions yet for legal liabilities (Adds finance chief, sales chief comments) By Andreas Cremer...More
  • Newswire

    FCA Reports Q3 Earnings Jump 35%  

    The Italian-American automaker reports €1.3 billion in adjusted earnings before interest and tax, up from €968 million in third-quarter 2014....More
  • Newswire

    Volkswagen to Shift Focus to Profitability, CEO Says  

    Matthis Mueller, who took over as CEO as part of a companywide shakeup triggered by rigged diesel-emissions tests, says VW will emphasize profitability over outselling competitors....More
  • Newswire

    REFILE-UPDATE 3-Ford Motor 3rd-quarter profit misses estimate, shares drop  

    (Corrects spelling of "quarter" in headline) By Bernie Woodall and Joseph White DETROIT, Oct 27 (Reuters) - Ford Motor Co reported sharply higher quarterly profit on Tuesday, driven by its record quarterly performance in North America, but the automakers' shares fell 5 percent after its results fell short of Wall Street estimates....More

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