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Ex-Porsche CEO Launches Restaurant Chain
11/19/2012Wendelin Wiedeking, who was ousted as CEO of Porsche AG in 2009, has founded an Italian restaurant group in Germany, according to Manager Magazin.
Honda Stands by Outlook for 25% U.S. Sales Gain
11/19/2012Honda Motor Co. still expects its American sales to hit their target of 1.46 million vehicles this year from 1.15 million units in 2011 despite a modest 9% increase last month, Bloomberg News reports.
Economists Predict Stronger-Than-Expected U.S. GDP
11/19/2012The American economy expanded at about a 2.9% annual pace in the July-September period compared with the Dept. of Commerce's initial estimate of 2% growth, analysts tell Bloomberg News.
Schaeffler Names Former GM Exec to Head India Unit
11/19/2012Schaeffler Group has appointed Dharmesh Arora as president and CEO of its operations in India.
Schaeffler Names Former GM Exec to Head India Unit
11/19/2012Schaeffler Group has appointed Dharmesh Arora as president and CEO of its operations in India.
New Chinese Premier May Favor Dongfeng
11/19/2012Nissan Motor Co. expects its Chinese partner Dongfeng Motor Group Co. to benefit from the expected elevation of Li Keqiang as China's premier early next year, The Nikkei reports.
Europe Rolls Out Tire Performance Labels
11/19/2012Beginning this month, tires made for sale in the European Union must bear a simple rating label that indicates relative noise, fuel efficiency and wet traction performance.
Court Dismisses Lawsuit of Fired Mercedes Exec
11/19/2012A German court has rejected a wrongful dismissal lawsuit against Daimler AG that was brought by Ernst Lieb, former CEO of its Mercedes-Benz USA unit.
Court Rejects Lawsuit of Fired Mercedes USA Exec
11/19/2012A German court has thrown out a wrongful dismissal lawsuit against Daimler AG that was brought by Ernst Lieb, former CEO of its Mercedes-Benz USA unit.
Web Surfing Behind the Wheel Could Rival Texting
11/19/2012The number of Americans who check their e-mail and surf the Web while driving is rising quickly especially among those under 30 years old, according to an annual report on distracted riving from State Farm.