More in Management & Strategy

  • Newswire

    Report Says Tesla Revamping Sales Leadership  

    Bloomberg reports the electric-vehicle maker will return Jerome Guillen, currently its vice president-global sales and service, to a customer-satisfaction position....More
  • Newswire

    UPDATE 2-BMW car margins fall to lowest in almost five years  

    * Automotive margin at 9.6 percent for 2014 * Carmaker says targets new sales record in 2015 * Auto margin of 8.2 pct in fourth quarter - analysts * Proposed dividend of 2.90 euros disappoints * Shares fall (Recasts, adds analyst comment) By Edward Taylor...More
  • Newswire

    UPDATE 2-Volkswagen makes slow progress in cutting costs  

    * VW has identified half of planned 5 bln eur cost cuts * VW 2014 brand operating profit down 14 pct * VW shares down 0.6 percent (Adds CFO, trucks chief comments, detail, updates shares) By Andreas Cremer BERLIN, March 12 (Reuters) - Volkswagen is making slow progress in cutting costs at its core passenger car brand, where profit continued to fall last year due to weaker emerging markets and technology costs....More
  • Newswire

    Chinese Automaker SAIC Forms JV to Develop Internet-Connected Cars  

    The automaker will join with Chinese e-commerce powerhouse Alibaba to develop an Internet-connected car reaching the market in 2016....More
  • Mar 11, 2015

    Why Apple Won’t Make iCars 7

    Yes, Apple will put on a great tease, but it never will result in the manufacture of millions of clever iCars....More
  • Newswire

    Renault Expanding Argentina Production  

    The French automaker will invest $100 million in its Santa Isabel plant to begin assembling Logan and Sandero models next year for sale in Europe under the entry-level Dacia brand....More
  • Newswire

    Apple Wants Battery Maker's Lawsuit Quashed  

    Apple and five former A123 Systems engineers were sued in February by the battery maker, which accuses the technology titan of hiring engineers who could contribute to development of an electric car....More
  • Newswire

    UPDATE 2-Audi sees lower profitability as invests to catch BMW  

    * 2015 profit to show impact of "extensive expenditure" -CFO * Audi targets 2015 sales record, expects to outpace markets * Sees "moderate" sales rise after 2014 record 53.8 bln eur (adds comments from analyst, R&D boss) By Andreas Cremer INGOLSTADT, Germany, March 10 (Reuters) - Audi's profit margins could fall again this year as it invests in its drive to overtake German rival BMW as the world's biggest seller of luxury cars, it said on Tuesday....More
  • Newswire

    Kia Plans Expansion Into Mexican Market  

    The Korean automaker will begin selling Forte, Sorento and Sportage models in Mexico this summer ahead of next year's opening of its first assembly plant in the country....More
  • Newswire

    Short of Sales Target, Tesla Cuts China Jobs  

    The U.S.-based electric-vehicle maker says the job cuts are part of a restructuring plan announced earlier this year, but does not comment on a newspaper report saying 180 of its 600 China positions have been eliminated....More
  • Newswire

    Affluent Koreans Aspire to Luxury Cars Niche Above German Brands  

    German brands such as Mercedes and BMW are too commonplace for wealthy, younger Koreans turning to even higher-end marques including Bentleys and Maseratis....More
  • Newswire

    Volkswagen's 2-Door Polo May Be on Way Out  

    The Polo was Europe's fourth best-selling vehicle in 2014, but the automaker may continue building only a 4-door version after 2017 as it seeks to cut costs....More
  • Newswire

    Ford Romania Plans About 500 Layoffs  

    The automaker says it has reached an agreement with unions representing workers at the Craiova plant to reduce the work schedule, allowing it to reduce this year's planned layoffs from 680 to about 500....More
  • Newswire

    VW Raises German Workers' Pay, Pensions  

    The contract expiring May 31, 2016 gives some 115,000 IG Metall union members at VW's six Western Germany factories a 3.4% pay raise and the automaker also will pay into a staff pension account....More

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