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Porsche has been in the news quite a bit over the past few weeks. While one hand is embroiled in an emissions tax battle with the Mayor of London, the other hand is slowly scooping up shares of Volkswagen.In related news, Porsche Chairman Wolfgang Porsche was nominated today to the Volkswagen super......

The supervisory board of Volkswagen Group just gave approval for Porsche AG to take a majority stake in the people's automaker. Porsche currently owns 31% of Volkswagen, and this move will ultimately increase that share to 51%. The increase in ownership is estimated to cost Porsche upwards of $20 bi......

Ford Chairman Bill Ford hasn't been compensated for working at his great grandfather's company since May 2005, and he doesn't intend to cash in until the Blue Oval makes a sustained profit. Ford's board of directors decided that nearly three years was too long to work pro bono and tried to pay the F......

Ford is making significant strides to turn its North American operations around. In 2006, it was able to cut almost 34,000 workers from its payroll after one round of buyouts and is looking to cut even more of its workforce this year through another payoff program that's being offered to 54,000 UAW-......

Sending the Chevrolet Volt into production might be the last effort of GM's Vice Chairman for Global Product Development, Bob Lutz. The 75-year-old executive has stated that he would like to retire from the automotive giant once they get a plug-in electric vehicle on the market (nevermind that they ......

Late Friday evening, Tesla Motors issued a brief statement that company founder Martin Eberhard was transitioning from his management role as President to the company's advisory board. This announcement came barely a day after the announcement that Ze'ev Drori had been tapped to be the new CEO, taki......

Toyota's MegaWeb showcase in the center of Tokyo proudly displays 13 sedans, 11 minivans, nine hatchbacks, six 4x4s, four station wagons and zero sports cars. Since production of the MR2 went the way of the Supra and the Celica and Soarer fell under the Lexus banner, Toyota has had precious little f......

Ford Motor Company has added some manufacturing and dealer know-how to the company's board of directors with the addition of Caterpillar Inc. group president Gerald Shaheen. Gerald's expertise also branches out to the UAW, where he got major concessions for Caterpillar in 2005. Besides Shaheen's job......

You can imagine that for most automakers in today's market, shareholder meetings are about as fun as finding out your CUV only got 4 stars from the NHTSA instead of 5. Toyota has often been the exception to the rule, and its recent shareholder meeting went down unlike any other today in Toyota City,......

Jim Press, the man at the helm of Toyota Motor North America, is set to become the first non-Japanese member of Toyota's board of directors. He is currently a managing officer of the company, but when promoted the title on his desk will read "Senior Managing Director". That desk will be shipped to J......