More in Management & Strategy

  • Jun 2, 2015
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    Talks No Usual Throwdown for GM Korea, Union in 2015

    Employees’ specialized skills make GM Korea’s new-vehicle and engine-development centers valuable assets. Line workers, however, differ mainly from their Indian, Mexican and Chinese counterparts in that they make a lot more money....More
  • Newswire

    JLR Names New China Sales Chief After Q1 Slip  

    Mark Bishop, former managing director of Porsche China, succeeds Yi Lu as China sales chief for the luxury automaker, which saw first-quarter deliveries in the world's biggest car market drop about 20%....More
  • Newswire

    FCA Chairman Confirms CEO's Merger Overture to GM  

    Chairman John Elkann tells reporters CEO Sergio Marchionne's suggestion to GM CEO Mary Barra that the two automakers merge "was not the only email" on the topic....More
  • Newswire

    India's Mahindra 4Q Profit Drop Steepest Since 2008  

    India's leading seller of utility vehicles says profit for the quarter ending March 31 fell 39% to Rs5.5 billion, its steepest decline since an 89% skid in December 2008....More
  • Newswire

    UPDATE 3-Opel chief rules out deal with Fiat  

    * Opel CEO sees need to improve volume, scale, utilisation * Opel to focus on efficiency sharing platforms with GM * Says eyeing high-def maps, Nokia not the only supplier (Adds comment from Opel spokesman about Peugeot cooperation) By Edward Taylor RUESSELSHEIM, Germany, May 28 (Reuters) - Opel chief Karl-Thomas Neumann ruled out a deal with Fiat but said on Thursday he sees the need to improve volume, scale and utilisation in the auto industry and at his own company....More
  • Newswire

    UPDATE 2-Ford to offer access to electrified-vehicle patents for a fee  

    (Adds details on EV plans from Tesla, Ford, GM, Nissan, VW) May 28 (Reuters) - Ford Motor Co said it would give other automakers access to its electrified vehicle technologies for a fee to accelerate research and development of such vehicles. Ford's offer comes nearly a year after a move by Tesla Motors Inc, the California electric car maker, to share its patents with other companies, though at no charge....More
  • Newswire

    China's BYD to Raise Funds for Expansion Plans  

    The Chinese automaker, which is backed by U.S. investor Warren Buffett's firm, reportedly plans to raise RMB12 billion to raise battery-production capacity and develop new models....More
  • Newswire

    Source Says Lamborghini to Make SUV in Italy  

    A source familiar with the negotiations between the Italian government and Lamborghini says the Volkswagen-owned supercar manufacturer seeks up to €90 million in tax breaks and incentives for the project....More
  • Newswire

    UPDATE 2-Tata Motors net profit down 56 pct as Jaguar Land Rover Chinese sales drop  

    * Net profit 17.17 bln rupees vs 40.95 bln rupees forecast * JLR unit profit falls by a third * Analyst estimates forex loss of about 220 mln pounds (Adds executive comment, details) By Zeba Siddiqui and Aditi Shah MUMBAI/NEW DELHI, May 26 (Reuters) - Tata Motors Ltd , India's biggest automaker by revenue, reported a surprise 56 percent drop in quarterly net profit on Tuesday, hit by cooling demand for its sleek Jaguar saloons and sporty Range Rovers in the key Chinese market....More
  • Newswire

    Ford's Turkish JV Halts Output as Labor Dispute Rekindles  

    The automaker's Ford Otosan unit says it suspended operations at the Inonu plant as a precaution after some workers who took part in strikes last week did not leave the facility....More

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