BMW appoints Norbert Reithofer as new chairman
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German luxury auto giant BMW has named Norbert Reithofer, the current head of production at the group, to replace outgoing chairman Helmut Panke from September 1.
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Germany's BMW AG said Monday the head of its ultra-luxury Rolls-Royce car brand, Karl-Heinz Kalbfell, has resigned to take up new responsibilities outside the company, which has been struggling to meet its ...
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BMW plans to boost sales to more than 2 million cars by 2020, while pushing through cost savings worth 6bn euros.
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French interests named the head of Airbus, Noel Forgeard, to be one of two new pilots running the European aeronautics and defence group EADS after weeks of reported tension over his role.
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BMW, the world's largest premium  carmaker, posted a 0.5 percent rise in group sales to 94,276  vehicles in January, the company said on Wednesday while  forecasting continued growth this year.
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Dr. Wolfgang Bernhard is to be appointed a full member of the Board of Management of Volkswagen AG - initially without portfolio - with effect from 1 February 2005.
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SMSC (Nasdaq: SMSC) today announced that its Media Oriented Systems  Transport (MOSTÂ®)  networking technology has been selected as part of the infotainment  systems for the recently launched BMW X5, R56 MINI and 3 Series Coupe  platforms.
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Visiting German Chancellor Gerhard Schroeder delivers a speech at the foundation ceremony of the new joint-venture factory of Sino-German Benz-Daimlerchrysler automobile manufacturer in the Economic Development Zone of Beijing in China&#39;s capital on Dec.
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BMW , the world's biggest  premium car maker, will raise its production capacity at its  Chinese factory by 45 percent over the next few months to as  many as 44,000 cars a year, a top executive said on Thursday.
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Bayerische Motoren Werke AG, the world&#39;s second-largest maker of luxury cars, said Karl-Heinz Kalbfell, 54, resigned as head of its Rolls-Royce Motor Cars unit to take a position at an unidentified auto-industry company.
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The German automaker Volkswagen named Stefan Jacoby, left, as president and chief executive of Volkswagen of America, the company said. Mr. Jacoby, currently executive vice president for marketing and sales with the companyâs Volkswagen Group, succeeds Frank Witter, who is moving to Volkswagen Credit to become co-president with Kevin Kelly, Volkswagen said. It added that Mr. Jacoby, 49, would reorganize the automotive business in the United States âin close coordination with the board of management.â It said in a statement that âthe objective is to achieve further significant expansion in the position of Volkswagen and Audi on the U.S. market through attractive and competitive products.â.
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German automaker BMW Group expects the United States to be its top global market for new vehicles in 2004, cashing in on an expanded portfolio that continues to grow, the company&#39;s chairman said Monday.
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Billionaire investor Carl C. Icahn told Motorola Inc. he hopes to be elected to one of 13 seats on the cell phone maker's board of directors, company officials said Tuesday. Motorola shares rose more than 6 percent in late morning trading on the disclosure.
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BMW , the world's biggest premium car maker, will raise its production capacity at its Chinese factory by 45 percent over the next few months to as many as 44,000 cars a year, a top executive said on Thursday.
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Spanish energy company Gas Natural said it had appointed Savaldor Gabarro as chairman to replace Antonio Brufau, who is replacing Alfonso Cortina at the country's leading energy group Repsol YPF.
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The New York Racing Association hired the former chief executive of The Daily Form on Thursday to be its new CEO. Charles Hayward&#39;s appointment is effective immediately, NYRA said in a statement.
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Mario Monti, former EU competition commissioner, has been named chairman of the Brussels European and Global Economic Laboratory, an international economic research body.