More in Management & Strategy

  • Newswire

    UPDATE 4-VW veteran lined up to be North America boss quits  

    * Winfried Vahland, designated North America boss, quits * Leaves over differences of opinion over North America * Newspaper says at least 30 managers involved in cheating (Adds that the U.S. Federal Trade Commission has joined other regulators investigation VW) By Jan Schwartz and Andreas Cremer...More
  • Newswire

    UPDATE 3-VW looks to cutbacks and electric cars to overcome scandal  

    * To cut investment plans by 1 bln euros a year at VW brand * To speed up cost cutting at VW brand division * To focus more on electric, hybrid vehicles (Adds detail on electrical vehicles strategy, background) By Andreas Cremer and Jan Schwartz...More
  • Oct 13, 2015

    Can U.S. Automakers Compete? 1

    Toyota has created a new class of stock that locks shareholders into holding their certificates for at least five years. Toyota says it needs a financial instrument that will allow it to fund long-term investments that won’t pay off for years. How will U.S.-based automakers compete against that?...More
  • Newswire

    Former Exec at Chinese Automaker FAW in Bribery Probe  

    Zhang Xiaojun is suspected of taking bribes while servibng as an executive vice president in the Audi sales division at the FAW-Volkswagen joint venture....More
  • Newswire

    UPDATE 2-Ferrari needs more than racy market debut to stay ahead  

    * Ferrari's enterprise value seen at up to $12 bln * Wall Street debut in late October, spin-off due 2016 * Brand strength helps valuation but growth concerns remain (Adds details, analyst, rewrites throughout) By Agnieszka Flak MILAN, Oct 12 (Reuters) - Ferrari is being launched as a luxury stock for its Wall Street debut but may struggle to justify such a valuation in the long run given its profit margins and the investment needed to put its prancing horse logo on other products....More
  • Newswire

    Winterkorn Reported Quitting All VW Posts  

    German media report Winterkorn, who quit as CEO last month after VW admitted cheating on U.S. diesel-emissions tests, also will step down as CEO of Porsche and chairman of Audi....More
  • Newswire

    Volkswagen Pledges €4.2 Billion Investment in Spain  

    The German automaker, rocked by a scandal over falsified emissions tests, will invest billions of euros over five years at its VW-and SEAT-brand factories in Navarra and Martorell, respectively....More
  • Newswire

    UPDATE 1-Fiat Chrysler Workers Skeptical of New UAW Deal's Impact on Wages  

    Some workers complained that the first tentative deal put more of a burden on them and treated retirees unfairly, but the biggest bone of contention was over wages....More
  • Newswire

    UPDATE 4-Fiat Chrysler, U.S. union UAW reach tentative agreement, averting strike  

    * UAW Chrysler Council will meet on Friday to vote on agreement * Tentative contract was rejected by union members last week * Talks went down to the midnight deadline (Adds reaction to tentative deal, UAW member comments, background) By Bernie Woodall and Nick Carey...More

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