More in Management & Strategy

  • Newswire

    UPDATE 1-VW plans 5 bln euros in cutbacks to boost brand margins  

    * VW may cease models, cut procurement costs * VW brand trails 6 pct profit margin goal * VW drawing up new mid-term group efficiency program (Adds CEO quote, detail and background) HAMBURG/BERLIN, Germany, July 15 (Reuters) - Volkswagen plans to cut costs at its core passenger-car brand by about 5 billion euros ($6.8 billion) per year from 2017, according to documents obtained by Reuters on Tuesday....More
  • Newswire

    BMW to Hike EV Battery Cell Orders 20%-30% in 2016  

    South Korea's Samsung SDI, the German luxury automaker's captive supplier, will increase shipments of battery cells for the i3 and i8 electric vehicles and start supplying future models such as the X5 plug-in hybrid....More
  • Newswire

    UPDATE 4-Ford, Toyota halt some South African output due to strike  

    * NUMSA strike affects Ford's Pretoria plant * Toyota says to halt some production from Tuesday * NUMSA, employers expected to meet on Monday * Smaller UASA union says likely to accept offer this week (adds Mercedes Benz, NUMSA and industry comments) By Wendell Roelf...More
  • Newswire

    CORRECTED-Demand from U.S. automakers could boost aluminium price -Japan industry body  

    (Corrects paragraph 9 to show target is 6.5 mln T, not 650,000 T, and that current demand is 4 mln T) * Ford plans to launch aluminium-intensive truck, others could follow * Could push aluminium price to $2,500 per T -Japan industry body * Premiums paid by Japanese buyers are too high -industry group...More
  • Newswire

    Ford Says Strikes Won't Weaken Ties to South Africa  

    The U.S. automaker's regional chief, Jeff Nemeth, says a strike that has shut down General Motors production in the country and could expand to Ford hasn't shaken his company's "long-term commitment to South Africa."...More
  • Jul 10, 2014
    blog

    Barra Driving Change at GM

    Under CEO Mary Barra, GM is the only one stepping up to change the conversation and fix the long-broken mechanisms for protecting consumers from potentially dangerous vehicle defects and compensating victims....More
  • 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

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