Toyota quarterly profit jumps 43% on cost cutting, lower expensesMay 9
Toyota's operating profit surged 43 percent in the latest quarter as cost cutting, lower selling outlays and falling warranty expenses offset unfavorable foreign exchange rates and helped pilot the automaker to a record full-year net income.
Dealers begin to fixate on costs -- againApril 23
Renault-Nissan names teams to find more synergiesMarch 14
Renault-Nissan-Mitsubishi will speed up collaborations in key areasMarch 1
Opel will shorten workers' hours in restructuringDec. 15, 2017
Audi drops plan to sell Ducati motorcycle brandDec. 12, 2017
VW plans to shrink European dealer network, launch online salesOct. 10, 2017
Mercedes will cut costs to fund EVsSept. 11, 2017
Mercedes says the launch of its EQ electric vehicle family could mean it may not meet its profit margin target in the midterm. The automaker plans a $4.8 billion cost-cutting program to counteract the expected pressure on earnings.
Audi plans $12 billion in cost cuts to fund EV push, report saysJuly 31, 2017
Audi plans to reduce costs by 10 billion euros ($12 billion) to help fund a shift to EVs, Reuters reported. The bulk of the savings would come from cutting research and development costs, sources said.