More in Management & Strategy

  • Newswire

    Report Says Chrysler to Sell Mitsubishi-Built Sedan in Mexico  

    A source familiar with the deal says Mitsubishi will supply its Thailand-built Attrage sedan to Chrysler for sales in Mexico starting this year....More
  • Jun 27, 2014

    The Disconnect With Electric Cars 21

    Automakers have spent billions of dollars, euros, and yen and won to produce EVs and FCVs, fervently hoping they’ll earn a return on that investment. So far they haven’t netted a nickel, and there’s nothing on the horizon to suggest they soon will....More
  • Newswire

    Renault-Nissan Taking Control of Russia's AvtoVAZ  

    The alliance between the French and Japanese automakers now holds a 67.1% stake in the holding company that controls Russia's largest automaker....More
  • Newswire

    CORRECTED-Peugeot expects 2,500 early retirements in 2014-15  

    (Corrects 2013 payroll to 15.1 pct of revenue in paragraph 2) PARIS, June 26 (Reuters) - PSA Peugeot Citroen said on Thursday that up to 2,500 older French workers will leave the carmaker's payroll in 2014-15 as it cuts headcount under a deal struck with unions last year. Paris-based Peugeot, which employs some 70,000 people in France, has pledged to cut payroll costs to 12.5 percent of group revenue by 2016 from 15.1 percent last year, under the "Back in the Race" recovery plan unveiled in February....More
  • Jun 25, 2014

    Lincoln’s Biggest Challenge May Come From Within 4

    Ford is attempting to revive the moribund Lincoln brand, pouring considerable resources into launching new products, including the MKZ midsize sedan and the MKC CUV....More
  • Newswire

    Nissan CEO Ghosn's Fiscal 2013-2014 Pay $9.8 Million  

    Ghosn's $9.8 million salary, which excludes stock options, is 0.7% higher than the previous fiscal year's and is in addition to the $3.6 million he received in 2013 as CEO of French automaker Renault....More
  • Newswire

    India's Mahindra Hasn't Made Call on Brazil Plant  

    Responding to a news report that Mahindra is considering building a manufacturing plant in Brazil, India's largest SUV maker says only it that has no definitive plans to do so....More
  • Newswire

    UPDATE 2-Renault seeks financial partner to resume business in Iran  

    * In talks with U.S., French governments over Iran * Has been approached by Turkish, international banks (Adds Renault executive comment on Latin America) By Evren Ballim ISTANBUL, June 19 (Reuters) - French automaker Renault is looking for a financial partner to resume full operations in Iran and is in talks with the U.S. and French governments on the issue, one of its senior executives said....More
  • Newswire

    Ferrari Chief Not Interested in Alitalia Chairmanship  

    Dismissing media speculation he could become the next chairman of the financially troubled airline, Luca Cordero di Montezemolo says, "For me there is only Ferrari, to which I am very committed."...More
  • Newswire

    UPDATE 2-BMW says plans multi-million euro annual cost cuts  

    * BMW says to embark on new round of cost cuts * BMW says to save hundreds of millions of euros * BMW seeks 3-4 bln euros in annual savings -magazine * CEO has asked McKinsey to review costs -magazine (Recasts, adds BMW statement clarifying cost cuts amount to hundreds of millions) By Edward Taylor...More
  • Newswire

    Auto Industry Making Largest Share of New Thailand Investment  

    Meeting for the first time since last month's military coup, Thailand's investment agency approved applications for projects worth about TB120 billion, including TB51.5 billion by Toyota for pickup-truck and parts production....More

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