Earnings

Renault shareholders narrowly approve Ghosn's $8.6 million salary

June 15, 2018 17:40 CET

Renault shareholders approved CEO Carlos Ghosn's 7.4 million euro ($8.6 million) compensation for 2017, averting a boardroom crisis as the automaker explores closer consolidation with alliance partner Nissan.... Read More »

Renault boss Ghosn faces tight shareholder vote on pay

June 13, 2018 20:01 CET

Renault boss Carlos Ghosn faces a tense salary vote at the company's annual shareholder meeting when the French government, the automaker's largest shareholder, is expected to oppose his 7.4 million euro ($8.7 million) 2017 payout.... Read More »

GM 'will eventually' feel impact of trade uncertainty, Barra says

9:57 am U.S. ET | June 12, 2018

General Motors CEO Mary Barra said if trade uncertainty continues, it "will eventually" have an impact on the company's operations. The automaker has already seen higher steel and aluminum prices.... Read More »

Tesla passed over by most do-good investors

1:39 pm U.S. ET | June 4, 2018

Just 86 of about 1,200 do-gooder investment funds tracked by Bloomberg own Tesla shares. And of those, only seven count Elon Musk's company as a top-10 holding.... Read More »

Ford CEO: We're 'reinventing' the car, not trying to kill it

12:05 pm U.S. ET | May 10, 2018

CEO Jim Hackett says the company doesn't intend to lose customers with decision to ax sedans in favor of SUVs and pickups; Bill Ford says he remains frustrated by lagging stock price... Read More »

VW will get 'clear moral compass,' new CEO promises shareholders

May 3, 2018 10:47 CET

VW will expand its internal whistleblower system to give the automaker a clear moral compass, its new CEO, Herbert Diess, said. VW also is pondering spin-offs of non-core assets such as motorcycle maker Ducati, Diess told the company's annual meeting.... Read More »

Investment firm opposes key nominees for VW board

May 2, 2018 11:15 CET

The reelection of the Porsche-Piech clan's leader and the appointment of a marketing expert to Volkswagen Group's supervisory board are being opposed by investment advisory firm Hermes EOS.... Read More »

UAW says it gained almost 15,000 members in 2017

4:45 pm U.S. ET | March 29, 2018

Total membership in the UAW rose by 15,000 workers to 430,871 in 2017, marking the eighth consecutive year that the union saw an increase in total membership.... Read More »

Tesla shareholders approve Musk's $2.6 billion compensation plan

1:09 pm U.S. ET | March 21, 2018

Tesla shareholders approved a compensation package potentially worth billions of dollars for CEO Elon Musk in a test of their confidence in the leader of the electric car company.... Read More »

VW will lean on battery suppliers to power electrification blitz

9:03 am U.S. ET | March 13, 2018

Armed with a product plan stacked with full-electric and hybrid vehicles, Volkswagen Group will rely on suppliers with greater battery expertise, CEO Matthias Mueller said.... Read More »

Tesla expects to hit cap for federal tax credits in 2018

4:32 pm U.S. ET | Feb. 23, 2018

Tesla said it will likely sell its 200,000th vehicle this year -- the volume cap at which the $7,500 federal tax incentive for electric vehicles begins to be phased out.... Read More »

Renault-Nissan has no plans for executive bonus plan, Ghosn says

June 15, 2017 06:01 CET

Renault-Nissan has no current plans to introduce an additional bonus scheme for executives at the carmaking alliance, CEO Carlos Ghosn said.... Read More »

NEWS ANALYSIS

GM, Tesla: A tale of two shareholder meetings

12:42 pm U.S. ET | June 7, 2017

How does CEO Elon Musk make the "magic happen" at Tesla Motors? Ambien, red wine and a vintage record player.... Read More »

Tesla's board faces investor push for annual votes on directors

1:44 pm U.S. ET | June 5, 2017

Tesla recommends annual service inspections on its cars. Some of the electric-car maker's investors want its board subject to yearly checkups, too.... Read More »

Bosnian activists fail to secure seats on Grammer board

May 25, 2017 09:46 CET

Bosnia's Hastor family failed in a bid to get three representatives onto the supervisory board of German supplier Grammer at the annual shareholder meeting.... Read More »

Grammer rejects call to replace chairman in shareholder tussle

May 24, 2017 14:44 CET

German supplier Grammer braced for a showdown with Bosnian investor group Cascade at its shareholders' meeting, rejecting a demand to replace the chairman of the annual general meeting.... Read More »

Audi pledges transparency amid emissions probes

May 18, 2017 10:14 CET

Dealers for the FAW-VW joint venture in China fear that plans for an Audi joint venture with VW Group's southern JV partner SAIC to build and sell Audi vehicles via SAIC-VW's retail network will hit their sales.... Read More »

Virtual meeting met with mixed reviews

12:01 am U.S. ET | May 15, 2017

Ford Motor Co.'s annual shareholders meeting, normally held in Wilmington, Del., was held virtually this year for the first time in its 62-year history.... Read More »

Ford's annual meeting was virtual, but its troubles are real

6:31 am U.S. ET | May 11, 2017

Ford didn't experience any angry shareholders storming out of its annual meeting on Thursday. They weren't able to -- they watched the proceedings on their laptops.... Read More »

UAW's net assets fell in 2016 while membership grew 1.8%

3:50 pm U.S. ET | April 3, 2017

The UAW's net assets fell 7.9 percent from a year earlier to $861.7 million at the end of 2016, but membership rose 1.8 percent to 415,963 workers.... Read More »

NEWS ANALYSIS

Porsche family ready to bring in younger generation

April 1, 2017 06:01 CET

Ferdinand Piech's seat on the board of VW Group's majority shareholder could be taken by his nephew, Josef Ahorner. The move would be a step toward the Porsche-Piech's clan younger generation moving into key roles.... Read More »

Daimler shareholder demands right to be naked at annual meeting

1:52 pm U.S. ET | March 29, 2017

Daimler's annual meeting threatened to veer off course for a second year after a shareholder pontificated on his right to be naked.... Read More »

Mueller says VW 'is back on track'; CEO not ruling out talks with FCA

8:53 am U.S. ET | March 14, 2017

The world's largest automaker, Volkswagen, “is back on track” even as it works through its global diesel scandal, its CEO said. And he isn't ruling out talking about a merger with FCA.... Read More »

Magna Q4 report warns about 'protectionist sentiments' in North America

6:46 am U.S. ET | Feb. 24, 2017

Diversified Canadian auto supplier Magna International said increased protectionist measures in North America could pose a substantial risk to the supplier achieving “desired results” in the future.... Read More »

Visteon builds on electronics segment gains in Q4

3:12 pm U.S. ET | Feb. 23, 2017

Electronics supplier Visteon said it swung to a $31 million profit on its continuing operations in the fourth quarter of 2016, compared with a loss of $68 million last year.... Read More »

 
Tavares' success at PSA is a 'powerful incentive' for Renault to catch up


3:42 am U.S. ET | July 30 2018

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PSA's impressive performaance under CEO Carlos Tavares is a powerful incentive for his former company, Renault, to work hard to catch up, said Renault's No. ...
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Tavares may find it hard to maintain Opel's astonishing progress


10:00 am U.S. ET | July 24 2018

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Opel's astonishing recovery under PSA left analysts swooning. ...
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Nissan Leaf provides some twists on road to EV future

Douglas A. Bolduc
12:01 am U.S. ET | July 20 2018

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A week spent testing Nissan's new Leaf was frustrating logistically but encouraging overall. ...
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How I became a diesel believer again

Christiaan Hetzner
12:01 am U.S. ET | July 14 2018

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Like many other people, my faith in diesel has been challenged by revelations of emissions cheating. ...
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Why Ford execs are lobbying for the Focus sedan

Nick Gibbs
12:01 am U.S. ET | July 13 2018

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The pride that two key Ford executives have in the Focus sedan is so strong that they petitioned jou ...
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Goodwood turns up the heat on traditional auto shows

Nick Gibbs
12:01 am U.S. ET | July 11 2018

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The Goodwood Festival of Speed has an edge that traditional auto shows in Paris, Detroit and Geneva ...
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New refuge for abandoned minivan fans?

Andrea Malan
12:01 am U.S. ET | July 10 2018

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Loyal minivan buyers who aren't willing to join the shift to SUVs appear to have found refuge in one ...
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Opel's labor boss is ready for a fight

Christiaan Hetzner
12:14 pm U.S. ET | July 5 2018

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Opel's works council boss has spent most of the past six years quietly settling labor conflicts behi ...
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Why PSA is OK that its new compact vans are so alike

Peter Sigal
12:01 am U.S. ET | July 3 2018

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PSA Group's new compact vans have a lot in common, a trait that is often very beneficial in the ligh ...
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Western European sales jump 9% ahead of WLTP tests
Automakers pushing to sell cars before WLTP vehicle-testing rules come into effect helped to boost w ...
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Skoda, BMW among winners as Russia sales rise 11%
New-car sales in Russia rose 11 percent in July, buoyed by strong consumer confidence ahead of a pla ...
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Europe's first-half sales surged on strong SUV demand
Jeep, Seat, Dacia and VW outperformed all other brands sold in Europe in the first half, as overall ...
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BMW sees 5%-10% sales growth in China despite tariffs
BMW expects its China sales to rise between 5 percent and 10 percent this year, despite the introduc ...
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Jeep, Volvo, VW among winners as SUVs boost European demand
Europe's continuing boom in SUV/crossover sales boosted registrations in June despite slumping deman ...
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UK market 'stabilizing' despite sales falling nearly 4% on diesel plunge
UK registrations fell 3.5 percent in June as demand for diesels plunged. VW Group's Seat had the big ...
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Russia sales growth slows during World Cup
New-car sales in Russia rose 11 percent in June, down from an 18 percent leap in May, an industry lo ...
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VW Group brands gain as German market rises 4%
VW Group brands were among the winners last month as the German market rose 4.2 percent. Through Jun ...
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Italy market decline accelerates in June
Sales of new cars in Italy declined 7.3 percent in June, according to figures published by the count ...
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Spanish car sales rise 8 percent in June
New-car registrations in Spain increased 8 percent in June to 142,376 despite one fewer selling day ...
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Peugeot, Toyota commit to midsize sector despite slump
Peugeot and Toyota are the latest automakers to commit to Europe's volume midsize segment despite cu ...
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European electric-car sales growth slowed in first half
Sales growth of electric cars slowed across the EU's major markets during the first half because of ...
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CNG car sales set to rise on tougher emissions rules
European demand for cars powered by compressed natural gas has shown signs of life after a half-deca ...
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Europe's small SUV sales projected to 'grow like crazy'
European sales of small SUVs are poised to surge beyond the segment's typically strong growth, as ne ...
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Premium automakers add drivetrains, body styles to stabilize midsize sales
Europe's premium automakers are diversifying drivetrain and body style choices in the core midsize s ...
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Europe's automakers invest in sedans despite SUV surge
Automakers in Europe are continuing to invest in sedans even though the body style has been losing c ...
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Hyundai, Seat add body styles to spice up key sector
Automakers such as Hyundai, Ford, Kia and Seat are experimenting with new compact-car body styles in ...
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Audi, BMW forecast to give key SUV sector a lift with new flagships
A two-year slump in the demand for premium large SUVs in Europe is expected to end in 2019 as BMW an ...
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Tesla Model S outsells German luxury flagships in Europe
Germany's premium brands are under pressure to accelerate their plans for electric cars after Tesla' ...
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Europe's luxury compact car segment forecast to decline for second year
Aging models such as the BMW 1 series and Audi A3 as well as the continued rise of SUV alternatives ...
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Former Tesla engineering chief returns to Apple
Doug Field, who stepped down as the senior vice president of engineering at Tesla last month, is ret ...
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Audi appoints new chief for China operations
Audi, which lags premium rivals Mercedes and BMW in China, has appointed former Opel and Skoda marke ...
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VW names purchasing chief Brandstaetter as COO
Volkswagen Group said company veteran Ralf Brandstaetter will be chief operating officer of its VW p ...
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Can a tobacco guy make leap to becoming a car guy at Ferrari?
Ferrari's new boss, Louis Camilleri, has big shoes to fill, but the tobacco industry veteran may hav ...
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Fiat Chrysler's new British CEO faces many minefields
Fiat Chrysler's new CEO, Mike Manley, gained his first auto industry experience in UK dealerships. ...
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BMW manager Duesmann lined up to head Audi, sources say
BMW purchasing director Markus Duesmann will become Audi CEO in January, sources said. ...
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Fiat Chrysler's Europe chief, Altavilla, steps down
The head of Fiat Chrysler's Europe, Middle East and Africa business, Alfredo Altavilla, has stepped ...
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New Ferrari CEO will be former tobacco executive
Ferrari's new CEO will be Louis Carey Camilleri, a former chairman of tobacco company Philip Morris ...
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Fiat Chrysler picks Manley CEO to succeed Marchionne
Fiat Chrysler appointed Mike Manley to replace the seriously ill Sergio Marchionne as its CEO. ...
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Mitsubishi recruits former Maserati, Audi exec Dambrosio to head advanced design
Mitsubishi Motors has recruited former Maserati and Audi designer Alessandro Dambrosio as executive ...
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Peugeot aims sleek 508 at SUV buyers
Peugeot has transformed the 508 midsize sedan into a hatchback to add versatility and attract SUV an ...
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Jaguar showcases I-Pace's SUV skills
The Jaguar I-Pace's versatility shows it is much at home tackling tough terrain as it is blazing aro ...
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Audi adds connectivity features to bigger Q3
Audi has made its Q3 bigger and added more tech and connectivity equipment for the compact SUV's sec ...
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Porsche gives updated Macan improved handling
Porsche has updated its Macan crossover with a fresher design, improved handling, as well as more co ...
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Mahindra places big bet small crossover
Mahindra & Mahindra are hoping to get a much larger slice of the European car market with the launch ...
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Volvo counts on V60 wagon to help balance SUV surge
Volvo is counting on the V60 station wagon to provide a strong alternative to buyers who are looking ...
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Suzuki keeps Jimny's gritty look for new generation
Suzuki is gearing up to launch the fourth generation of its long-running Jimny small SUV 20 years af ...
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Audi drops A1 diesel variant due to low demand
Audi's new A1 Sportback subcompact hatchback will launch without a diesel version and will only be a ...
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Volvo's new S60 signals 'dynamic' powertrain changes
The redesigned Volvo S60 compact sports sedan will be Volvo's first U.S.-manufactured vehicle and it ...
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BMW 8 series will offer 320-hp diesel in Europe
BMW is reintroducing the 8 series with a diesel engine, which the automaker said is unprecedented in ...
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Suppliers to the new Seat Ateca
Assembly of the all-new Seat Ateca began in April 2016 at parent Volkswagen Group's plant in Kvasiny ...
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Suppliers to the new Porsche 718 Cayman
Assembly of the third-generation Porsche Cayman began in July 2016 at parent Volkswagen Group’ ...
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Suppliers to the new Nissan Micra
Assembly of the fifth-generation Nissan Micra began in December 2016 at alliance partner RenaultR ...
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Suppliers to the new Hyundai i30
Assembly of the third-generation Hyundai i30 began in December 2016 at Hyundai's plant in Nosovice, ...
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Suppliers to the new Opel/Vauxhall Insignia
Assembly of the third-generation Ope/Vauxhall Insignia began in March 2016 at the automaker's plant ...
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Suppliers to the new Ford GT
Assembly of the second-generation Ford GT began in October 2016 at Ford's plant in Markham, Canada. ...
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