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TOYOTA CEO RESIGNATION
INSIGHT-How Honda's old guard tried, and failed, to oust its CEOHonda is encountering significant disputes as a faction of retired executives pushes for the removal of CEO Toshihiro Mibe. Citing his fail...- Toyota CEO Sato to step down, to be replaced by CFO KonToyota's Chief Executive Koji Sato is stepping down after three years. Chief Financial Officer Kenta Kon will take over as the new CEO. Thi...
- Volkswagen to overhaul India business amid market pressures, company memo showsVolkswagen Group is restructuring its India business amidst a $1.4 billion import tax demand and struggling market share. Skoda Auto, leadi...
- US stocks tick higher on tariff exemption hopesWall Street sees a surge in stocks despite President Trump's new tariffs. The S&P 500 nears a record high. The Dow Jones Industrial Average...
- Why mergers of carmakers such as Honda and Nissan often falterJapanese automakers Honda and Nissan are in merger talks to share costs amid industry challenges. The merger aims to develop electric vehic...
- Why mergers of carmakers such as Honda and Nissan often falterJapanese automakers Honda and Nissan are considering a merger to share costs and better compete in the changing automotive industry. Despit...
- Automakers thrived in the pandemic. Many are now struggling.Each carmaker has its own problems, but there are some common threads. They include a tricky and expensive technological transition, politi...
- Why auto companies are feeling lost this festive seasonAhead of the festival season, here's a look at some key themes playing out in Motown – in India and overseas.
- Tokyo shares end higher on tech gainsThe Tokyo market stayed comfortably in positive territory throughout the day as investors were heartened by a 0.4 percent gain on the tech-...
- Ford announces Jim Farley as new CEO as it eyes bigger electric pushHackett, 65, will hand over the job to Farley, 58, on October 1, but stay on as a special advisor through March 2021. Hackett joined Ford i...
- Nikkei hits 6-week peak, higher bond yields lift banking sectorThere were 161 advancers on the Nikkei index against 64 decliners.
- Volkswagen to cut engineering frenzy to revive profits amid emission scandalThe policy revisions are part of a 12-point strategy laid out to managers by the brand's new chief, Herbert Diess, according to people fami...
- Fear and respect: Volkswagen's culture under Martin WinterkornBut now that VW's problems are coming out into the open and Winterkorn has gone, some executives are declaring that the company needs to ch...
- How Volkswagen’s US ambitions planted the seeds of its downfallTo regain relevance in the US, Winterkorn had bet that Americans, who were rapidly shifting to Japanese-made hybrids, could be convinced to...
- Sanjay Jalona quits Infosys, may join L&T InfotechAs head of manufacturing, Jalona was overseeing over $2 billion of annual business from a vertical that counts the likes of Toyota and Daim...
- Volkswagen Chairman Ferdinand Piech resigns amid leadership crisisVolkswagen said in a statement that Piech had resigned from his position as Chairman as well as member of the supervisory board and any oth...
- Rajan & Sunil Mittal's trusted strategist Raj Jain makes a comeback as Bharti Retail advisorRaj Jain is popular because he is a good strategist, calm in nature and, most importantly, has excellent people-management skills, say Bhar...
- Chrysler Remake: New CEO shakes up exec team againThe changes show Marchionne's penchant for moving quickly and demanding performance, industry analysts say.
- US forces Wagoner to quit as GM revival plan fails to clickGeneral Motors Chief Executive Officer Rick Wagoner was forced out after President Barack Obama’s task force decided he was unable to craft...
- Yahoo to face shareholder wrath at annual meetingYahoo Chief Executive Jerry Yang, in particular, will probably get an earful after spurning a $47.5 billion takeover bid from Microsoft. Mo...
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