More in Management & Strategy

  • Newswire

    Toyota, Union Talks Off to Rocky Start  

    The automaker on the first day of negotiations declared the union's demand for a pay raise of ¥13,300 per worker per month "impossible."...More
  • Newswire

    GKN Looks to Build on Rising 2014 Profits  

    The British engineering company credits its 4% increase in 2014 profits to sales of parts to automakers including Volkswagen that outperformed market growth....More
  • Newswire

    Germany's IG Metall Union OKs 3.4% Pay Raise  

    The pay raise approved by the metalworkers union, Germany's biggest, applies to workers in the country's southwest region, home to automaker Daimler and Tier 1 supplier Bosch....More
  • Feb 23, 2015
    blog

    Ito’s Departure a Long Time Coming

    During outgoing Honda President Ito's reign, the automaker made some major missteps, from the underwhelming '12 Civic, to the '10 Insight. He also failed to boost the volume and prestige of the Acura brand....More
  • Newswire

    GM Gets 33 New Compensation Claims Over Ignition Switches  

    The automaker now has received 4,345 claims for compensation for deaths and injuries stemming from accidents involving cars equipped with defective ignition switches....More
  • Feb 23, 2015
    blog

    Ford's Choice of Lincoln Over JLR Good a Bet as Any 7

    Some pundits have argued Ford would have been better off keeping Jaguar Land Rover over Lincoln, but in reality both brands still require massive investments....More
  • Newswire

    UPDATE 3-Honda CEO to step down, replaced by low-profile engineer  

    * Over three decades, Hachigo has worked in US, UK, China * Hachigo appointed for his broad experience - CEO Ito * Ito pushed reforms to Honda's supply chain (Adds comments from news conference) By Chang-Ran Kim TOKYO, Feb 23 (Reuters) - Honda Motor Co on Monday named an experienced, yet little known, engineer as its new chief executive, who will take over in late-June with the Japanese automaker battling the fallout from a slew of recalls that have shaken its reputation for quality....More
  • Newswire

    Samsung SDI Buying Magna's Car-Battery-Pack Branch  

    The electronics affiliate of South Korea's Samsung Electronics already manufactures rechargeable batteries for German automaker BMW's i3 electric vehicles....More
  • Newswire

    INTERVIEW-UAW Chief Wants a Raise for Workers, But Not Too Much  

    The union wants to sharply narrow the roughly $12-an-hour gap in pay between newly hired and veteran workers, and secure the first increase in hourly base wages for veteran workers in about a decade....More
  • Feb 20, 2015
    blog

    Infiniti Needs New CUVs, Stat

    While large and performance cars are important to cast a halo over the Infiniti brand, it needs updated, compelling CUVs to really increase its sales and market presence....More
  • Newswire

    ZF Offers Concessions for EU approval of TRW Takeover  

    The European Union's legislative body will decide by March 12 whether to approve the $13.5 billion transaction, but does not provide details of the German automotive supplier's proposed concessions....More
  • Newswire

    West Coast Port Dispute Cuts Into Honda's U.S. Output  

    The Japanese automaker will trim about 5,000 units from production schedules at plants in Indiana and Canada because of the port dispute that has pinched supplies of parts....More
  • Newswire

    UPDATE 2-GM names LyondellBasell lawyer as chief counsel  

    (Adds background.) Feb 19 (Reuters) - General Motors Co on Thursday named Craig Glidden, chief legal officer at chemicals company LyondellBasell Industries NV, as general counsel, succeeding Michael Millikin, who is retiring in July. Glidden, 57, helped steer LyondellBasell out of bankruptcy and through restructuring. Like GM, the chemical, plastics and oil refining company went into bankruptcy in 2009. LyondellBasell emerged from bankruptcy in 2010....More
  • Newswire

    Mahle Buys Rival Supplier Delphi's Air-Conditioning Business  

    U.S. supplier Delphi says it is selling its Thermal Systems business to Germany's Mahle for $727 million....More
  • Newswire

    Ford JV in Turkey Sees 2014 Profit Rise 7%  

    The Ford Otosan JV's net profit of 595 million lira fell short of anaysts' estimated 673 million lira....More
  • Newswire

    Daimler's Mercedes-Maybach Pullman Limo to Base at $570K  

    The 12-cyl., 21-ft.-long limousine will be unveiled at the Geneva auto show and go on sale next year....More

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