Renault said on Thursday its first-half profit rose sharply as a European market recovery and currency windfall overcame pricing setbacks.» Read More
SEOUL, March 31- Hyundai Motor Co Chairman Chung Mong- koo received a 2 percent pay rise to 5.72 billion won in 2014, a year that saw weakness in the rouble and yen contributing to sluggish earnings at the South Korean automaker. Earlier this month, Chief Executive Kim Choong- ho said Hyundai- the world's fifth-biggest automaker when coupled with affiliate Kia...
DETROIT, March 24- Global automakers are readying a new generation of mass-market electric cars with more than double the driving range of today's Nissan Leaf, betting that technical breakthroughs by big battery suppliers such as LG Chem Ltd will jump-start demand and pull them abreast of Tesla Motors Inc.. At least four major automakers- General Motors Co,...
*Europe chief Didier Leroy to be first foreign EVP. *Japan aims to have women in 30 pct of top jobs by 2020. The world's biggest automaker appointed Europe chief Didier Leroy to become one of six executive vice presidents effective after the company's annual shareholders' meeting in June.
The United Automobile Workers has never tried a unionization drive quite like the one at the Nissan plant here in Canton, Miss.
Carlos Ghosn, CEO of Nissan Motor welcomes Ben Bernanke's decision and explains Nissan's push into Myanmar.
PARIS, Oct 12- French carmaker Renault, which brought scandal upon itself by falsely accusing executives of spying, had prepared draft statements in case they killed themselves, it emerged on Friday.
Marchionne, who also heads European automakers association ACEA, has repeatedly called for Europe- wide action on closing plants and cutting jobs, but has faced stiff opposition from rival carmakers that are also members of the industry group.
PARIS, Oct 5- French automaker Renault plans to build more than 70 percent of its Clio subcompacts in Turkey, union sources said, in a shift abroad that could inflame tensions with workers and the government, its biggest shareholder.
At last week's Shanghai Auto Show, the GM CEO got an up-close view of the latest trend in the auto business -- cheap cars for developing markets. Oh make no mistake; this is not a trend that Wagoner is just stumbling upon. He's known about it for some time, and in some ways, General Motors is testing out the idea of selling "mini" cars -- with presumably a rather low price point. We'll talk more about that in a bit.