More in Management & Strategy

  • Newswire

    Indian Automaker Tata Reports 7% Q2 Profit Drop  

    India's biggest automaker by revenue says continued profitability by its Jaguar Land Rover luxury unit was offset by slumping sales of its domestically built cars....More
  • Newswire

    Subaru Manaufacturer Opposes Japan Sales-Tax Hike  

    Fuji Heavy Industries, which last month raised its full-year operating profit forecast 12%, says it is concerned the sales-tax increase under consideration by Japanese Prime Minister Shinzo Abe would harm the country's declining economy....More
  • Newswire

    UAW Expects VW to Allow Union Representation at Tennessee Plant  

    Volkswagen has no immediate response to the UAW's assertion that it will announce a new policy this week "that will lead to recognition" of the union at VW's Chattanooga, TN, plant....More
  • Newswire

    UPDATE 1-Renault targets up to 75,000 vehicles/yr at new Algeria plant  

    (Adds details, background) PARIS/Oran, ALGERIA, Nov 10 (Reuters) - French carmaker Renault opened its first plant in Algeria on Monday at a cost of 50 million euros ($62 million) to boost its presence in Africa's second-biggest auto market. The group set an initial production target of 25,000 vehicles a year that could triple for the factory in Oued Tlelat, in the Oran region, which will produce the new Renault Symbol model....More
  • Newswire

    Ford Posts 1% October Sales Dip in China  

    Despite last month's backslide, sales by the automaker and its Chinese joint ventures were up 22% year-to-date....More
  • Newswire

    Auto Supplier Visteon Posts 33% 3Q Revenue Increase  

    The revenue gain was driven by income from the company's electronics business, which more than doubled to $760 million in the period....More
  • Newswire

    UPDATE 2-Magna profit beats estimates on strong North American sales  

    (Adds details on North American results, context.) Nov 5 (Reuters) - Canadian auto parts maker and contract vehicle manufacturer Magna International Inc reported a 47 percent jump in third-quarter earnings that beat analyst expectations Wednesday, boosted by strong demand in North America. Adjusted earnings before interest and taxes in North America, the company's biggest market, grew to $470 million in the quarter through Sept. 30, from $365 million a year earlier. External production sales were up 10 percent at $4.43 billion....More

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