DETROIT – The auto business used to be pretty simple. Crank out vehicles that people want to buy and collect profits. It’s gotten a whole lot more complicated since Mary Barra took over as CEO of General Motors in 2014. She has cut costs and streamlined management, closed factories and sold off money-losing operations in… Continue reading Q&A with General Motors CEO Mary Barra – WDIV ClickOnDetroit
Author: Interview Scanning Online
Daimler may need to cut more jobs than announced – Automotive News Europe
July 12, 2020 07:11 AM Oliver Sachgau Bloomberg Bloomberg An Daimler employee assembles a Mercedes-Benz S-Class 6-cylinder engine at the automaker’s powertrain factory in Untertuerkheim, near Stuttgart. Daimler will need to cut more jobs than the 15,000 previously announced, the company’s head of human resources told German news agency DPA in an interview. While he… Continue reading Daimler may need to cut more jobs than announced – Automotive News Europe
Daimler’s second-quarter EBIT hit by coronavirus, restructuring costs – CNA
FRANKFURT: Daimler said on Thursday (Jul 16) it will stop building Mercedes-Benz sedans in the United States and Mexico as part of cost-cutting measures to streamline production, after saying it will post a smaller-than-expected operating loss in the second quarter. The company said it will post an operating loss of 1.68 billion euros (US$1.91 billion)… Continue reading Daimler’s second-quarter EBIT hit by coronavirus, restructuring costs – CNA
VW group CEO says management reshuffle will continue – Automotive News Europe
August 01, 2020 12:02 PM Reuters Reuters Volkswagen Group CEO Herbert Diess at the automaker’s plant in Wolfsburg, Germany, in late April, as production restarted. FRANKFURT – Volkswagen Group is not done reshuffling its management, CEO Herbert Diess told a German newspaper in an interview. “We are 80 percent done with our personnel decisions. Some outstanding decisions… Continue reading VW group CEO says management reshuffle will continue – Automotive News Europe
My Life in Cars: Guz Khan
Some of my earliest memories are of brand-new leather seats in a BMW 7 Series. I was in the front seat of my uncle’s E32 back when no one cared about car seats or child safety. I must have been five or six years old. That’s one of my earliest memories of really loving cars.… Continue reading My Life in Cars: Guz Khan
TopGear.com
This website is made by BBC Studios Distribution. BBC Studios is a commercial company that is owned by the BBC (and just the BBC). No money from the licence fee was used to create this website. The profits we make from it go back to BBC programme-makers to help fund great new BBC programmes. BBC is… Continue reading TopGear.com
Volkswagen group CEO says management reshuffle 80% completed – FAZ – Reuters UK
FILE PHOTO: Volkswagen Group CEO Herbert Diess arrives on the red carpet for the automobile awards “Das Goldene Lenkrad” (The golden steering wheel) given by a German newspaper in Berlin, Germany, November 12, 2019. REUTERS/Hannibal Hanschke/File Photo FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) is not yet done reshuffling its management, group Chief Executive Herbert Diess told… Continue reading Volkswagen group CEO says management reshuffle 80% completed – FAZ – Reuters UK
VW group CEO says management reshuffle 80% completed – FAZ – Reuters
FRANKFURT, July 31 (Reuters) – Volkswagen is not yet done reshuffling its management, group Chief Executive Herbert Diess told Frankfurter Allgemeine Zeitung (FAZ) in an interview published online on Friday. “We are 80% done with our personnel decisions. Some outstanding decisions have been prepared and we will implement them in a planned manner,” Diess said.… Continue reading VW group CEO says management reshuffle 80% completed – FAZ – Reuters
Fiat Chrysler posts lower-than-expected operating loss in second quarter – ETAuto.com
Fiat Chrysler (FCA) said its adjusted earnings before interest and tax (EBIT) were negative for 928 million euros ($1.10 billion) in the April-June period, versus forecast for a 1.87 billion euro loss. MILAN: Italian American automaker Fiat Chrysler posted a smaller-than-expected operating loss in the second quarter, as it managed to contain negative effects of… Continue reading Fiat Chrysler posts lower-than-expected operating loss in second quarter – ETAuto.com
Aston Martin’s H1 loss widens as DBX deliveries begin – Automotive News Europe
LONDON — Aston Martin reported a wider first-half loss and steep cash outflows as the UK automaker invested in the launch of its debut SUV, the DBX, which has started to arrive at dealerships. Early signs from China, a key sales market for the all-important DBX, are positive, Aston Martin said Wednesday, without providing specifics.… Continue reading Aston Martin’s H1 loss widens as DBX deliveries begin – Automotive News Europe