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CEO Jim Hackett says the company doesn't intend to lose customers with decision to ax sedans in favor of SUVs and pickups; Bill Ford says he remains frustrated by lagging stock price
VW is pondering spinoffs of noncore assets such as motorcycle maker Ducati and transmissions maker Renk, as the automaker seeks to boost its efficiency and become more nimble.
VW will expand its internal whistleblower system to give the automaker a clear moral compass, its new CEO, Herbert Diess, said. VW also is pondering spinoffs of noncore assets.
The reelection of the Porsche-Piech clan's leader and the appointment of a marketing expert to Volkswagen Group's supervisory board are being opposed by investment advisory firm Hermes EOS.
Tesla shareholders approved a compensation package potentially worth billions of dollars for CEO Elon Musk in a test of their confidence in the leader of the electric car company.
Armed with a product plan stacked with full-electric and hybrid vehicles, Volkswagen Group will rely on suppliers with greater battery expertise, CEO Matthias Mueller said.
Renault-Nissan has no current plans to introduce an additional bonus scheme for executives at the carmaking alliance, Chairman Carlos Ghosn said at Renault's annual meeting.
How does CEO Elon Musk make the "magic happen" at Tesla Motors? Ambien, red wine and a vintage record player.
Tesla recommends annual service inspections on its cars. Some of the electric-car maker's investors want its board subject to yearly checkups, too.
Ford Motor Co.'s annual shareholders meeting, normally held in Wilmington, Del., was held virtually this year for the first time in its 62-year history.
Ford didn't experience any angry shareholders storming out of its annual meeting on Thursday. They weren't able to -- they watched the proceedings on their laptops.
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