More in Management & Strategy

  • Newswire

    German Union Decries VW's 2.2% Pay-Raise Offer  

    The IG Metall union, which is demanding a 5.5% salary increase for workers at VW's German facilities, accuses the automaker of "impudence."...More
  • Newswire

    New Models Drive Renault Resurgence  

    The French automaker says strong sales of new models such as the Captur and Clio subcompacts contributed to a 3.2% boost in global volume in 2014 and a more than tripling of full-year profit....More
  • Newswire

    Faurecia Says Weak Euro Will Strengthen Bottom Line  

    The French auto-parts maker says it is targeting 5% full-year revenue growth, citing strong growth in key markets such as China as well as the euro's weakening against the U.S. dollar and Chinese yen....More
  • Feb 11, 2015
    blog

    Dial Out Noise of GM Activist Shareholder

    Harry Wilson’s bluster should be taken as nothing more. Sure, he’s got some big hedge fund names behind him and investors outside their circle would stand to profit too if the buyback were to happen. But it won’t....More
  • Newswire

    Former Hyundai Sales Chief Named Ssangyong CEO  

    Choi Johng-sik, a 30-year Hyundai veteran, will head the loss-making Korean automaker as it prepares to enter the resurgent U.S. market....More
  • Newswire

    GM's Top Lawyer's Stint Extended  

    Michael Milliken was to have retired early this year but now will step down in July as head of GM's legal department, whose role in the automaker's defective ignition-switch crisis has come under scrutiny....More
  • Newswire

    UPDATE 1-Nissan lifts profit guidance on forex windfalls, cost cuts  

    * Sees FY op profit of 570 bln yen vs previous forecast 535 bln * Q3 op profit 156 bln yen vs 121 bln yen analyst view * Q3 op profit margin 5.3 pct, still off 8 pct goal (Adds company comment, U.S. discounts, margins, graphic) By Chang-Ran Kim YOKOHAMA, Feb 9 (Reuters) - Nissan Motor Co lifted its annual earnings forecast on Monday, expecting its highest operating profit in seven years due to favourable currency movement and further cost cuts....More
  • Newswire

    Labor Disputes at U.S. Port Disrupt Japanese Production  

    Automakers including Honda, Nissan and Subaru manufacturer Fuji Heavy are resorting to air-freight services to ship parts to the U.S. as labor talks between dockworkers and shipyard operators continue....More
  • Newswire

    General Motors Reports China Sales 2.4% Off in January  

    Last month's decline followed a 31.9% year-on-year jump in December, which marked the end of a year in which the automaker and its Chinese joint ventures saw deliveries rise 12%....More
  • Newswire

    UPDATE 1-Daimler's Q4 adj. EBIT up on Mercedes sales gains  

    * Daimler says sees higher sales, EBIT in 2015 * Daimler proposes dividend of 2.45 euros a share * Q4 return on sales at Mercedes-Benz Cars 8.7 pct (Recasts, adds CEO, analyst comment, details on dividend) STUTTGART, Feb 5 (Reuters) - Daimler said sales momentum at its Mercedes division would help it achieve significantly higher revenue and operating income this year, as it reported a 10 percent jump in fourth-quarter operating profit....More
  • Newswire

    Automakers' Business Model in Flux, Ford CEO Says  

    Mark Fields notes automakers face new competition from nontraditional businesses and must respond without necessarily falling back on tradition....More
  • Newswire

    Smaller Japanese Automakers Ride Exchange Rollercoaster  

    Mazda says it will be profitable this year despite the weak Russian ruble cutting into European revenue, while Subaru maker Fuji cites the yen's weakness against the dollar in raising its profit forecast....More

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