Chrysler lures away key Toyota executive
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Chrysler LLC on Thursday named longtime Toyota Motor Corp  executive Jim Press as vice-chairman and president, which analysts said showed Chrysler's new private owners were serious about a longer-term turnaround plan for the automaker.
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Citigroup has removed three senior executives, including Sir Deryck Maughan, its British-born vice-chairman, following a scandal which has forced the closure of one of the bank&#39;s Japanese businesses.
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ChryslerÂs top sales executive, Joe Eberhardt, is leaving to take a retail position at the American operation of Mercedes-Benz.
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Chrysler gets smaller, as wild rumors swirl about possible suitors or capital changes.
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Chief executives have been an embattled group lately. Bristol-Myers Squibb (BMY), Ford (F) and Viacom (VIA, VIA.B) each replaced their top executives in recent days.
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Buyout firm Cerberus Capital  Management LP  has hired Chrysler&#39;s former chief  operating officer to advise it on a possible bid for the U.S.  carmaker, the Financial Times reported on Wednesday.
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The tiny Toyota is cute, edgy and sized right in between its rivals. But thatâs where the story ended for Toyotaâs star of the Frankfurt auto show.
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LONDON, October 7  - Volkswagen AG (VOW.ETR) has appointed Wolfgang Bernhard, a former Chief Operating Officer at DaimlerChrysler&#39;s Chrysler unit, to turn around the sales of the Volkswagen brand, which accounts for half of the company&#39;s
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NEW YORK -- Citigroup Inc.. the financial services giant, confirmed on Wednesday that it was removing three senior executives in the wake of a banking scandal in Japan.
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Buyout firm Cerberus Capital Management LP  has hired Chrysler's former chief operating officer to advise it on a possible bid for the U.S. carmaker, a source familiar with the matter said on Wednesday.
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Chrysler LLC on Thursday named longtime Toyota Motor Corp executive Jim Press as vice-chairman and president, a move analysts said showed Chrysler's new private owners were serious about a longer-term turnaround plan for the struggling automaker.
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DETROIT -- The US auto sales story line for nearly the past year has been Toyota Motor Corp. kicking the stuffing out of the Detroit Three, but there was a new twist in February.
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General Motors Corp. , dampening weeks of media speculation, has no plans to hire former Chrysler COO Wolfgang Bernhard for a top management post, company officials said Sunday.
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The German-US automaker DaimlerChrysler has shot down plans by French President Jacques Chirac to place a Frenchman as the sole head of the European Aeronautic Defence and Space Company, the Financial Times said.
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A top executive at Toyota Motor Corp  (7203.T) said on Wednesday that achieving a rise in U.S. sales  in September might be tough because of a spike in sales in the  same month a year earlier.
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The chief executive of DaimlerChrysler  AG's (DCXGn.DE) Chrysler Group said he wants to use new  alliances to more than double sales outside North America, the  Wall Street Journal reported on Friday.
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NEW YORK/TOKYO  - Top executives at Toyota Motor Corp. are concerned the automaker has built too many factories in the United States and are urging it to hit the brakes on new plant building, the Wall Street Journal reported on Wednesday on its Web site.