More in Management & Strategy

  • Newswire

    Magna Selling Bulk of Interiors Business to Spanish Firm  

    Spain's Grupo Antolin is spending $525 million to purchase 36 manufacturing plants with 12,000 employees in Europe, North America and Asia from the Canadian parts maker....More
  • Newswire

    Marchionne:FCA Likely to Retain 90% of Ferrari in IPO  

    The likely 10% limit on FCA's sale of Ferrari shares marks a switch from a month ago, when CEO Sergio Marchionne said the automaker might sell more than 10% to improve the shares' liquidity....More
  • Newswire

    VW Moving to Take CEO Scrap Out of Public Eye  

    Sources with the automaker say Chairman Ferdinand Piech will meet within days with cousin Wolfgang Porsche and other family members to discuss Piech's public criticism of CEO Martin Winterkorn....More
  • Newswire

    Newspaper Reports Toyota Moving Corolla Production to Mexico  

    The Globe and Mail newspaper in Toronto reports the world's biggest automaker will move Corolla production from two Ontario plants to a factory in Mexico to take advantage of lower costs....More
  • Newswire

    Toyota to Build $1 Billion Mexico Plant, Sources Say  

    The Japanese automaker's second plant in Mexico will create 2,400 jobs and have annual capacity of 200,000 cars, initially Corolla compacts, when it comes on line in 2019....More
  • Apr 10, 2015
    blog

    Tesla Faces Competition on All Fronts 4

    Tesla will have trouble making profits when its only competitors are pet projects of major automakers that only care about image and volume and expect to lose money on them....More
  • Newswire

    Report Indicates Discord Between VW Chairman, CEO  

    A German magazine quotes Volkswagen Chairman Ferdinand Piech as saying, "I have distanced myself from (CEO Martin) Winterkorn" and adds the CEO has no chance to succeed him....More
  • Newswire

    Ford to gain control of Russia JV and provide finance  

    MOSCOW, April 10 (Reuters) - U.S. auto maker Ford Motor Co will take control of its Russian venture with Sollers and provide it with additional financial support, the Russian firm said on Friday. Ford is taking control in exchange for preferred shares in the Ford-Sollers venture, while its economic interest in the venture remains unchanged at 50 percent, Sollers said. The companies agreed the changes to the venture's shareholder structure on March 31, Sollers said, without providing any financial details of the transaction....More
  • Newswire

    Chinese E-commerce Giant Forms Automotive Unit  

    Alibaba's automotive-business unit includes car-marketing services based on its big data-analysis capabilities, and e-commerce company has partnered with automaker SAIC to invest in development of Internet-connected cars....More
  • Newswire

    Former FAW-VW Executive Gets Life Sentence for Bribery  

    Shi Tao, former deputy general manager of the FAW-Volkswagen joint venture's sales arm, was convicted of taking ¥33 million for steering business orders to advertisers and car dealers....More
  • Newswire

    Unions at Volkswagen's Skoda Unit Threaten Strike  

    Unions at the Czech Republic economy-car manufacturer have rejected VW's offer a 3% pay raise and say morning- and afternoon-shift workers will take one hour off April 15 and conduct a protest....More

Sponsored Introduction Continue on to (or wait seconds) ×