VW names cost-cutting former Chrysler exec to take over mainstay ...
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Volkswagen AG named former DaimlerChrysler AG executive Wolfgang Bernhard, a cost cutter who won plaudits for helping return DaimlerChrysler&#39;s US division to profitability, to a top management post Wednesday and said he would soon take over
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Volkswagen is moving its North American headquarters out of the Detroit area - the nation's automotive capital - to the suburbs of the nation's capital and will cut 400 jobs in the process, the German automaker said yesterday.
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Former Volkswagen AG personnel chief Peter Hartz will go on trial next month on charges linked to a corruption scandal at Europe's biggest automaker, a court said Monday.Comment
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DETROIT -- Chrysler pulled off a major coup Thursday, hiring away the highly-regarded Jim Press, Toyota's top North American executive, to run its sales and marketing operations.
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Dr. Wolfgang Bernhard is to be appointed a full member of the Board of Management of Volkswagen AG - initially without portfolio - with effect from 1 February 2005.
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German industrial group MAN would be happy to have Volkswagen as a shareholder if the company's 9.6-billion-euro (12.2-billion-dollar) bid for Swedish truck maker Scania succeeds, MAN's chief chief executive has said in an interview.
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DaimlerChrysler ( DCX ) Chief Executive Jrgen E. Schrempp is the most powerful man at the Stuttgart auto maker.
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the German vehicle producing giant Volkswagen will assemble trucks in Abu Dhabi and enter a car leasing joint venture with the Gulf emirate, it was announced Monday.
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The German automaker Volkswagen named Stefan Jacoby, left, as president and chief executive of Volkswagen of America, the company said. Mr. Jacoby, currently executive vice president for marketing and sales with the companyâs Volkswagen Group, succeeds Frank Witter, who is moving to Volkswagen Credit to become co-president with Kevin Kelly, Volkswagen said. It added that Mr. Jacoby, 49, would reorganize the automotive business in the United States âin close coordination with the board of management.â It said in a statement that âthe objective is to achieve further significant expansion in the position of Volkswagen and Audi on the U.S. market through attractive and competitive products.â.
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The first non-Japanese member of the Toyota board leaves the firm to become president of rival Chrysler.
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Volkswagen AG, the world&#39;s fourth  largest carmaker, plans to cut more than a quarter of its U.S.  staff as it moves its local headquarters from Detroit, it said  on Thursday.
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SHANGHAI, Sept. 7 -- Chrysler lured its second high-profile executive in as many days, appointing SAIC Motor's Phil Murtaugh as chief executive of its Asian operations Friday.
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CALGARY - Burgeoning international demand for Ontario-made Chryslers could add up to 1,000 jobs at the automaker&#39;s plant near Toronto, Dieter Zetsche, chief executive of Chrysler Group, said yesterday.
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The decision strikes down one of Europeâs most visible symbols of protectionism and clears the way for Porsche to take control of Volkswagen, Europeâs largest automaker.
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The German co-head of European defence and aerospace group EADS will step down when his contract expires next year. Last week Rainer Hertrich created a row over the leadership of the Franco-German group, saying
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The chief executive of DaimlerChrysler , Dieter Zetsche, said it would be difficult to break up Chrysler, as analysts and other experts have speculated recently, due to an integrated production system that binds together its various brands, The New York Times said.
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Volkswagen  plans to prices  its vehicles in the U.S. market more aggressively and drop  costly features many customers there don't want, Chief  Executive Martin Winterkorn was quoted as saying.