The German automaker's profit warning puts pressure on CEO Ola Kallenius and CFO Harald Wilhelm to deliver on their proposal to rein in costs and restore profitability,
Continue Reading the above article 'Daimler's new leaders confront old issues as diese...
Nissan shareholders are expected to back CEO Hiroto Saikawa at the company's annual shareholders meeting on Tuesday, days after the executive resolved a tussle with Renault over Nissan's corporate governance reforms.
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Executives at Fiat Chrysler and Renault-Nissan remain open to the idea that a merger deal could still happen, but they warn that conditions imposed by each side could hurt efforts to restart talks, the Wall Street Journal reported.
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Velodyne is looking to surpass its private valuation of $1.8 billion and go public before the end of 2019, Business Insider added, citing a source.
Continue Reading the above article 'Velodyne Lidar hires bankers for stock offering, r...
BMW's effort to shore up dealer profitability for its Mini brand is not going over well with some U.S. retailers. Just ask David Peterson, past chairman of the dealer council, whose store has closed.
Continue Reading the above article 'Mini rescue plan provokes lawsuit amid store closu...
FCA is jumping into the world of in-vehicle transactions this year with Uconnect Market, which will enable users to order pizza, make restaurant reservations, pay for gasoline and parking and schedule vehicle service.
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Heating up the sales race between the Chevrolet Silverado and Ram pickups this year will be a battle for the fuel-economy crown held by the Ford F-150.
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Genesis is finally seeing light at the end of the tunnel after its efforts to establish a dealer body that's separate from the Hyundai brand's.
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Our annual ranking of the top global suppliers reveals that as the industry’s main players build revenue, transform and change direction, they remain in much the same order of size as they were a year ago. There's a good reason why.
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The bankrupt dealership group's former finance chief faces up to 20 years in prison and a $250,000 fine. It's unclear if others will be charged, but court documents note "co-conspirators."
Continue Reading the above article 'CFO criminal charges show conspiracy at Reagor Dyk...