Opel CEO Karl-Thomas Neumann (photo above)has warned top managers that the General Motors unit’s 2016 profit target is under threat from economic setbacks, according to German daily paper Bild.
Category Archives: General Talk
AvtoVAZ’s Lada loses No. 1 position, blames suppliers
Russia’s AvtoVAZ says supplier problems — not declining demand — are to blame for its Lada brand’s failure to have the No. 1-selling car in the country last month.
Ford CEO Mark Fields says Ford to focus on 5 key areas of innovation
In a pre-Christmas media event, Ford president and CEO Mark Fields said while 2014 was a good year for the company, 2015 has the potential to be a “breakthrough year”. Fields said that Ford’s investments in products, people, plants and technology, combined with industry growth, are not only delivering a year of growth in terms of revenue, pricing power, operating margins and profitability in 2014, but are setting the stage for growth in and beyond 2015.
Renault works on Citroen C4 Cactus rival
Renault is developing an affordable small car that could preview a future rival to the Citroen C4 Cactus.
Shanghai GM launches Chevrolet Sail 3
Shanghai GM launched the Chevrolet Sail 3 in Chengdu; the third-generation Sail had been unveiled last month at the Guangzhou Motor Show. Five variants of the new family car with a choice of new 1.3L and 1.5L engines are available.
