Fast lane gets bumpy for Ghosn amid drive to turn Renault around

Fast lane gets bumpy for Ghosn amid drive to turn Renault around
By Monica Langley
The Wall Street Journal Europe
30 Oct 2006

SMaubeuge, France TALKING THE FACTORY floor of Renault SA’s plant here last month, Chief Executive Carlos Ghosn reminded managers of the car maker ’s commitment to boost its profit margin by 50% by 2009. “Commitment is a s t ro n g word,” one manager... read more...

Tech Tags: The Wall Street Journal Europe newspaper Front Page

Chrysler losses reflect declining fortunes of US car industry

Chrysler losses reflect declining fortunes of US car industry

David Gow Brussels

The Guardian

26 Oct 2006



Chrysler, America’s third-largest car company, is to start a savage cost-cutting programme and shift towards more fuelefficient models to halt mounting losses that hit €1.16bn (780m) in the third quarter. Chrysler’s losses, prompted by a 26% fall in... read more...

Tech Tags: The Guardian newspaper Financial

Auto makers criticized for missing CO2 targets

Auto makers criticized for missing CO2 targets

By William Echikson

The Wall Street Journal Europe

25 Oct 2006



BRUSSELS—About three-quarters of auto makers, led by German and Japanese companies, are failing to improve fuel efficiency to meet European targets to cut carbon-dioxide emissions, according to an environmental group’s study. The European Federation... read more...

Tech Tags: The Wall Street Journal Europe newspaper From Page One

Ford posts $5.8 billion loss

Ford posts $5.8 billion loss
By Jeffrey McCracken
The Wall Street Journal Europe
24 Oct 2006

DETROIT— Ford Motor Co. reported a staggering third-quarter loss, its biggest in 14 years, and warned that its results may be even worse from an operational standpoint in the final quarter of 2006. Thecompany, which is struggling to overhaul ailing... read more...

Tech Tags: The Wall Street Journal Europe newspaper Corporate News

Chrysler seeks to slash costs

Chrysler seeks to slash costs
By Neal E. Boudette in Detroit and Stephen Power in Frankfurt
The Wall Street Journal Europe
20 Oct 2006

DaimlerChrysler AG’s Chrysler Group will tap executives from its German parent’s Mercedes division to study restructuring moves, including the potential closure of an assembly plant, and seek longerterm relationships with its suppliers as part of a... read more...

Tech Tags: The Wall Street Journal Europe newspaper Leading The News

VW urges Scania, MAN to work out friendly deal

VW urges Scania, MAN to work out friendly deal
By Jason Singer in London, and Christoph Rauwald and Stephen Power in Frankfurt
The Wall Street Journal Europe
10 Oct 2006

A merger that would create Europe’s largest truck maker from a OE9.6 billion ($12.1 billion) acquisition of Scania AB of Sweden by MAN AG of Germany is being thrownback to the drawingboard after Volkswagen AG Chief Executive Bernd Pischetsrieder said... read more...

Tech Tags: The Wall Street Journal Europe newspaper Corporate News