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Ford Names Fields COO, Odell Expands Role in Europe
11/1/2012Ford Motor Co.'s board has selected Mark Fields to become its chief operating officer.
Ford Makes Fields COO, Mulally to Stay Until 2015
11/1/2012Ford Motor Co.'s board has selected Mark Fields to become its chief operating officer.
GM to Buy Out Pensions of 12,600 Retirees
11/1/2012General Motors Co. says that about one-third of its 42,000 eligible U.S. salaried retirees opted to take one-time cash payments in lieu of continuing to receive monthly pension benefits.
Fiat to Dismiss 19 Workers So It Can Hire Others
11/1/2012Fiat SpA says it will comply with the ruling of an appeals court in Rome that it must bring back to work 19 laid-off members of the Fiom-CGIL union at the company's assembly plant in Pomigliano, Italy.
BorgWarner Income Slides 9%
11/1/2012BorgWarner Inc. posted net earnings of $101 million in the third quarter of 2012 compared with $142 million in the same period last year.
Dura CEO Joins Visteon in Finance Post
11/1/2012Visteon Corp. has named Jeffrey Stafeil as executive vice president and CFO, effective Friday.
Renault to Begin Talks with French Unions
11/1/2012Renault SA says it will begin negotiations with its unions in France next week about a new labor agreement that would give the company a "sound and permanent" foundation to maintain domestic manufacturing and R&D.
GM Earnings Drop 14% As European Losses Deepen
11/1/2012General Motors Co.'s net income fell to $1.8 billion (€1.4 billion) in the third quarter from $2.1 billion (€1.6 billion) in the same period a year earlier.
GM Profit Drops 14% As Europe, U.S. Units Weaken
10/31/2012General Motors Co.'s net income fell to $1.8 billion in the third quarter from $2.1 billion in the same period a year earlier.
TRW Third-Quarter Earnings Rise 3%
10/31/2012TRW Automotive Holdings Corp. netted $163 million from July through September this year compared with $158 million in the same period of 2011.