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German Union Rejects Employers’ Wage Offer
4/19/2012The IG Metall metalworkers union has turned down an offer of a 3% pay hike over 14 months from Germany's industrial employers.
American Leading Indicators Signal Growth
4/19/2012The U.S. index of leading economic indicators, which rose 0.7% from January to February, posted a 0.3% gain in March, the Conference Board reports.
VW May Boost MAN stake to 75%
4/19/2012Volkswagen AG says it may increase its stake in truckmaker MAN SE to 75% or more from about 74% now, says truck chief Jochem Heizmann.
Abu Dhabi May Sell Daimler Stake
4/19/2012Aabar Investments PJSC is considering how best to divest its remaining 3.1% stake in Daimler AG, Germany's Manager Magazin reports, citing unidentified Daimler sources.
Nippon Sheet Glass CEO Quits in Board Dispute
4/19/2012Nippon Sheet Glass Co. says CEO Craig Naylor resigned after less than two years in the job because of "fundamental disagreements" about the pace and scope of the restructuring announced by the company two months ago.
Nippon Sheet Glass CEO Quits in Board Dispute
4/19/2012Nippon Sheet Glass Co. says CEO Craig Naylor resigned after less than two years in the job because of "fundamental disagreements" about the pace and scope of the restructuring announced by the company two months ago.
Mercedes-Benz Unveils New CLA Sporty Compact
4/19/2012Daimler AG's Mercedes-Benz Cars will publicly debut a concept version of its upcoming CLA small sedan at the Beijing auto show next week.
Former Ferrari Designer Goes to BAIC
4/19/2012Beijing Automotive Industry Holding Co. has hired Italian auto designer Leonardo Fioravanti as its chief model designer.
Ex-Ferrari Designer Fioravanti Joins BAIC
4/19/2012Beijing Automotive Industry Holding Co. has hired renowned Italian auto stylist Leonardo Fioravanti as its chief model designer.
Ford Will Double Its Capacity in China
4/19/2012Ford Motor Co. and partner Chongqing Changan Automobile Co. plan to open a $750 million assembly plant in Hangzhou, China, in 2015.