Renault SA Chief Operating Officer Carlos Tavares proposed taking on a wider role at the French carmaker in meetings this week with Chief Executive Officer Carlos Ghosn, two people familiar with the matter said.
As the top lieutenant to Renault SA Chief Executive Officer Carlos Ghosn, Carlos Tavares admits he’s unlikely to succeed his boss, who’s just 59. So he wants to run General Motors Co. or Ford Motor Co. instead.
General Motors Co. has fired several employees after an internal investigation into the recall of a sport-utility vehicle built and sold exclusively in India uncovered violations of company policy, the automaker said.
Republican presidential nominee Mitt Romney, attacking President Barack Obama for his auto industry policies as he battles for votes in Ohio, is drawing pointed rebuttals from General Motors Co. and Chrysler Group LLC, which are being pulled into the election against their will.
Mitsubishi Corp. will pay partner Murchison Metals Ltd. A$325 million ($315 million) in cash for stakes in two ventures, giving Japan’s largest trader control of an iron ore mine and a rail and port project in Australia.
General Motors Co. and Walgreen Co. are the latest companies to end their membership in the American Legislative Exchange Council, a public policy organization that championed “Stand Your Ground” gun laws that gained public attention after a Florida killing.
General Motors Co., the largest U.S. automaker, denied today that it is seeking increased compensation for Chief Executive Officer Dan Akerson a day after reports that the company proposed an $11.1 million package.