AutoNation boosts pay for Jackson, Maroone 2:41 pm U.S. ET | March 26, 2013  AutoNation, the largest U.S. dealership group, slightly increased pay packages for its top two executives in 2012. CEO Mike Jackson received total pay and compensation of $6.6 million, up from $6.4 million in 2011. Jackson's salary of $1.2 million was unchanged. His bonus was $2.1 million, up from $1.5 million the prior year.... Read More »
PRODUCTION Dacia unions seek new wage deal after strike endsMarch 25, 2013 15:21 CET  Dacia unions are negotiating a new work agreement at the Renault unit's plant in Pitesti, Romania, after employees resumed work on Friday following a spontaneous strike over pay.... Read More »
PRODUCTION Renault's Dacia output halted by pay strike in RomaniaMarch 20, 2013 16:45 CET  Renault's Romanian unit Dacia stopped production as employees went on strike in a dispute over pay, the company said.... Read More »
Ford CEO Mulally's 2012 compensation falls 29% to $20.99 million 9:15 am U.S. ET | March 15, 2013  Ford CEO Alan Mulally's compensation fell 29 percent in 2012 as the company failed to hit several performance targets. Mulally's pay dropped to $20.99 million from $29.5 million in 2011. Mulally received $2 million in salary, a $3.95 million cash bonus and stock awards totaling $14.3 million last year, according to a proxy statement released by the company today.... Read More »
Ford awards Mulally nearly $12 million in performance bonusesMarch 6, 2013 06:01 CET  Ford CEO Alan Mulally this week was awarded performance bonuses worth nearly $12 million, Ford disclosed to U.S. regulators.... Read More »
Ford awards Mulally nearly $12 million in performance bonuses 9:55 pm U.S. ET | March 5, 2013  Ford CEO Alan Mulally this week was awarded performance bonuses worth nearly $12 million, Ford disclosed to U.S. regulators on Tuesday.... Read More »
VW cuts bonuses to German workers by 4%Feb. 27, 2013 14:36 CET  Volkswagen will pay its German workers a 7,200-euro ($9,400) bonus for 2012, a reduction of 4 percent on the previous year's payout despite posting record profits and sales last year.... Read More »
GM denies reports of proposed hike in CEO Akerson's 2013 payFeb. 26, 2013 02:11 CET  GM today strongly denied several media reports that it has requested an increase in CEO Dan Akerson's 2013 compensation. Akerson's pay last year of $11.1 million ended up being higher than the $9 million originally requested primarily because he received restricted stock units that were earned in 2011, a GM official who requested anonymity said. General Motors is proposing to pay CEO Dan Akerson $11.1 million this year, according to a document obtained by Bloomberg News.... Read More »
Daimler cuts Zetsche's pay as management bonuses are reduced 6:49 am U.S. ET | Feb. 25, 2013  Daimler has cut CEO Dieter Zetsche's total pay by 5.8 percent to 8.15 million euros for 2012 as managers' bonuses were reduced following the scrapping of profit targets.... Read More »
Daimler cuts Zetsche's pay as management bonuses are reducedFeb. 25, 2013 12:49 CET  Daimler has cut CEO Dieter Zetsche's total pay by 5.8 percent to 8.15 million euros for 2012 as managers' bonuses were reduced following the scrapping of profit targets.... Read More »
VW board cuts Winterkorn's 2012 payFeb. 25, 2013 06:01 CET  The VW supervisory board has taken steps to limit bonuses for CEO Martin Winterkorn and other top executives.... Read More »
Volkswagen CEO Winterkorn to take 20% pay cut, report saysFeb. 17, 2013 13:16 CET  Volkswagen CEO Martin Winterkorn will be paid 14 million euros ($18.7 million) for 2012, 20 percent less than the previous year, a German magazine reported.... Read More »
Winterkorn seeks to cut his VW pay ahead of wage talksFeb. 8, 2013 14:49 CET  VW CEO Martin Winterkorn proposed that he should take a self-imposed pay cut as the automaker prepares for wage talks with production staff in western Germany.... Read More »
VW mulls new growth goal as it nears 2018 targetJan. 31, 2013 18:10 CET  Volkswagen's top managers are drawing up new expansion goals stretching as far as nine years ahead as steady volume gains have already propelled the automaker within reach of its current sales target for 2018.... Read More »
Cutbacks at PSA and Renault meet growing resistanceJan. 30, 2013 06:01 CET Labor tensions at France's automakers took a turn for the worse as Renault workers protested over planned cuts and PSA/Peugeot-Citroen's restructuring plan hit a legal setback.... Read More »
EXECUTIVE COMPENSATION Mulally tops the 2011 CEO-pay list 12:01 am U.S. ET | June 4, 2012  An automaker CEO was the top-earning chief executive among publicly traded North America-based automotive companies in 2011. That may not sound surprising. But in recent years, automaker CEOs have taken a back seat to supplier and dealership group CEOs. In the past decade, no automaker CEO has been the biggest earner.... Read More »
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