Annual, Special Meetings

Ford profit decline poised for a reversal in 2015, Fields says

11:15 am U.S. ET | May 14, 2015

Ford CEO Mark Fields, presiding over his first annual meeting, addressed shareholder concern about the company's lagging stock by promising the company is poised for a profit liftoff in the year's second half....
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Piech avoids family showdown over VW

May 13, 2015 11:41 CET

Ferdinand Piech avoided a showdown with his cousin, Wolfgang Porsche, by not attending today's annual shareholders meeting of his family's holding company that controls a majority stake in Volkswagen Group....
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Reithofer's board role at BMW backed by fund firm

May 12, 2015 12:36 CET

UK fund firm Hermes Investment Management said it supported the election of BMW CEO Norbert Reithofer to the automaker's supervisory board. The proposal has drawn criticism for the lack of a cooling off period after Harald Krueger, the automaker's production chief, succeeds Reithofer as CEO....
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BMW faces opposition to CEO Reithofer's elevation to supervisory board, report says

May 10, 2015 10:56 CET

BMW faces opposition at its upcoming annual shareholders meeting to the appointment of outgoing CEO Norbert Reithofer as its supervisory board chairman, a German newspaper reported....
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CHRISTIAAN HETZNER

BLOG: Piech's absence dominates VW annual meeting

6:43 am U.S. ET | May 5, 2015

Ferdinand Piech may cause VW's leadership more headaches than ever before. At VW's annual meeting today, the shadow of the VW patriarch seemed to follow CEO Martin Winterkorn wherever he went....
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CHRISTIAAN HETZNER

BLOG: Piech's absence dominates VW annual meeting

6:43 am U.S. ET | May 5, 2015

Ferdinand Piech may cause VW's leadership more headaches than ever before. At VW's annual meeting today, the shadow of the VW patriarch seemed to follow CEO Martin Winterkorn wherever he went....
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VW board to discuss recruitment of new chairman, reports say

May 4, 2015 13:35 CET

Volkswagen's supervisory board was meeting to discuss finding a new chairman to fill the void left by Ferdinand Piech's departure, reports said. The meeting precedes what is likely to be a tense annual gathering of VW shareholders on Tuesday....
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Ghosn's clash with French state comes to the boil

April 30, 2015 12:36 CET

The dispute between Renault CEO Carlos Ghosn and the French government was set to come to a head at the automaker's annual meeting today as the state moves to keep the automaker under French control. The government is nearly certain to win....
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Piech denies reports saying he wants to oust Winterkorn

April 23, 2015 13:07 CET

Volkswagen Chairman Ferdinand Piech denied reports that he is seeking to oust CEO Martin Winterkorn, a German newspaper reported, quoting Piech. Separate German media reports had said that Piech aims to push out Winterkorn ahead of the carmaker's May 5 annual shareholder meeting....
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Daimler predicts profit rise on boost from China

April 1, 2015 10:49 CET

Daimler predicted higher profit this year, lifted by stronger demand in China, where first-time buyers often opt for an upscale car. The company targets a 9 percent return on sales after generating a margin of 7.8 percent in 2014....
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REPORT TO WALL STREET

A revamped pitch for the 'new GM'

12:01 am U.S. ET | Oct. 6, 2014

General Motors CEO Mary Barra outlined for investors an ambitious global strategy that includes a parade of new technology-packed models and cutting costs with a modular-platform strategy. The goal? A profit margin of 10 percent by early next decade....
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REPORT TO WALL STREET

A splash of cold water from Ford

12:01 am U.S. ET | Oct. 6, 2014

Under new CEO Mark Fields, Ford Motor Co. has big ambitions for global sales growth, plans to put big money into its struggling Lincoln brand and expects a risky redesign of its most important vehicle to pay off big. But Fields warned that profits this year would come in as much as $2 billion below estimates....
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