GO
Loading...

Enter multiple symbols separated by commas

Carlos Ghosn

More

  • *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.

  • GENEVA, March 2- The main talking point at this week's Geneva car show is likely to be a vehicle that may never be built: the Apple car. Thilo Koslowski, vice president automotive at technology market research firm Gartner, believes there is now a race between carmakers and tech companies to control the "brain" of next generation vehicles. The ability of software...

  • GENEVA, March 1- The main talking point at this week's Geneva car show is likely to be a vehicle that may never be built: the Apple car. Thilo Koslowski, vice president automotive at technology market research firm Gartner, believes there is now a race between carmakers and tech companies to control the "brain" of next generation vehicles. The ability of software...

  • GENEVA, March 1- The main talking point at this week's Geneva car show is likely to be a vehicle that may never be built: the Apple car. Thilo Koslowski, vice president automotive at technology market research firm Gartner, believes there is now a race between carmakers and tech companies to control the "brain" of next generation vehicles. The ability of software...

  • *Over 70 pct of top firms seeing improvement in Europe. LONDON/ PARIS, Feb 23- Signs of a long-awaited recovery in Europe are starting to show through in the profits of leading global companies, even if their bosses are still giving most of the credit to strong demand in Asia or the United States. Reuters has analysed comments from more than 50 of the biggest companies...

  • DETROIT, Feb 10- Chief Executive Mary Barra's plan to keep a big cash cushion for General Motors Co is under attack from a group of shareholders led by a member of the auto task force that helped restructure the company during its 2009 bankruptcy. Harry Wilson, who was a member of the task force, notified the Detroit automaker on Monday that he wanted it to spend $8...

  • DETROIT, Feb 10- Chief Executive Mary Barra's plan to keep a big cash cushion for General Motors Co is under attack from a group of shareholders led by a member of the auto task force that helped restructure the company during its 2009 bankruptcy. Harry Wilson, who was a member of the task force, notified the Detroit automaker on Monday that he wanted it to spend $8...

  • In the third quarter alone, when Nissan's earnings eclipsed analyst estimates, discounts cost the automaker around $3,500 per vehicle, according to researcher Autodata. But the strength of dollar sales in yen terms drove up income, helping Nissan offset weaker-than-expected demand in China and Russia. Nissan raised its operating profit forecast by 6.5...

  • YOKOHAMA, Feb 9- Nissan Motor Co lifted its annual earnings forecast on Monday, expecting its highest operating profit in seven years due to favourable currency movement and further cost cuts. Nissan raised its operating profit projection to 570 billion yen for the year to end-March from the previously forecast 535 billion yen. Nissan also changed its dollar...

  • *70 pct of cars bought on credit- Citi. LONDON, Jan 23- Shares in European carmakers powered to record highs on Friday as investors bet the European Central Bank's trillion-euro bond-buying plan would drive down the cost of car financing as well as boost eurozone companies' exports. Some 70 percent of cars in developed markets are bought on credit, according to...

  • *FTSEurofirst 300 rises 1.4 pct, hits 7- year high. PARIS, Jan 23- European shares rose in early trade on Friday, enjoying their best two-week rally in five years, as investors cheered the European Central Bank's decision to buy government bonds. Cyclical stocks such as carmakers, seen as the big winners of the drop in the euro currency, featured among the biggest...

  • European shares extend rally on ECB boost Friday, 23 Jan 2015 | 3:11 AM ET

    PARIS, Jan 23- European shares rose in early trade on Friday, gaining ground for the seventh consecutive session, as investors cheered the European Central Bank's decision to buy government bonds. Cyclical stocks such as carmakers featured among the biggest gainers again, with BMW up 2.3 percent and PSA Peugeot Citroen up 2.2 percent. Ghosn told participants at...

  • PARIS, France, Jan 19- French carmaker Renault will make "massive investments" in China, it said on Monday, aiming to ramp up sales of locally-built vehicles in the world's biggest car market and cut its dependence on cash-strapped Europeans. Renault has lagged European rivals such as France's PSA Peugeot Citroen and Germany's BMW and Mercedes in expanding in...

  • Jan 12- While General Motors Co's Chevrolet on Monday pulled the wraps off a tiny, environmentally friendly electric car called the Bolt, rival Ford Motor Co was showing off a 400- plus-horsepower pickup truck better suited to burning rubber than hauling hay. The new F-150 Raptor has racing shock absorbers, a 10- speed transmission and the word FORD splayed...

  • Nissan CEO: Fed decision was logical Wednesday, 18 Sep 2013 | 9:33 PM ET
    Nissan CEO: Fed decision was logical

    Carlos Ghosn, CEO of Nissan Motor welcomes Ben Bernanke's decision and explains Nissan's push into Myanmar.

  • Renault prepared for suicides in 'spygate' scandal Friday, 12 Oct 2012 | 6:57 AM ET

    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.

  • European car market needs EU-led restructuring -Fiat boss Wednesday, 10 Oct 2012 | 11:59 AM ET

    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.

  • Cars for Developing Markets Monday, 23 Apr 2007 | 12:17 PM ET
    Renault Logan

    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.