| Volkswagen AG and PSA Peugeot Citroen,
| |
| | The selection and succession of the new
|
| two of the largest automakers in Europe,
| |
| | chiefs is anchored on the auto industry's
|
| named new chief executives to lead them
| |
| | tight competition. The Big 3 automakers
|
| fight the automakers combat. Critics in
| |
| | of Japan namely Toyota, Honda and Nissan,
|
| the industry are saying that an ideal
| |
| | are launching new diesel vehicles to
|
| leader can help the automakers find ways
| |
| | amass a bigger slice of the automotive
|
| to patch things up and eventually take
| |
| | market. As a fact, diesel models account
|
| over the scene.
| |
| | for 50 percent of the car sales in
|
| Toyota Motor Corp. and Honda Motor Corp.
| |
| | Europe.
|
| are considered threats in the industry.
| |
| | Toyota, as what the auto reports are
|
| They surge and conquer a healthy slice of
| |
| | saying, is enjoying a prominent standing
|
| automotive market. The share gets bigger
| |
| | in the industry. On the other hand, auto
|
| and better moreover; it is high time for
| |
| | parts Honda as well as parts for Nissan
|
| other automakers to aim high and make
| |
| | need considerable modifications to
|
| their plan a reality.
| |
| | achieve what Toyota is enjoying these
|
| Volkswagen named Martin Winterkorn,
| |
| | days.
|
| formerly the head of the Audi luxury car
| |
| | VW and Peugeot are cutting a total of
|
| unit, as the new head of VW's most
| |
| | 30,000 jobs to limit production expenses
|
| profitable division. Winterkorn is set to
| |
| | and drop excess capacity. Critics added
|
| replace Bernd Pischetsrieder, who will be
| |
| | that this crucial phase in the life of
|
| stepping down on Dec. 31.
| |
| | the mentioned automakers must not
|
| "When Pischetsrieder's contract came up
| |
| | compromise the quality of their products.
|
| for renewal in May, there was a feeling
| |
| | Car parts for Volkswagen and Peugeot are
|
| that there were a lot of camps, including
| |
| | undergoing rigorous test and enhancements
|
| the works council backed by Piech, that
| |
| | to bring about state-of-the-art vehicles.
|
| were trying to undermine him," said Mark
| |
| | "The auto world is highly unstable right
|
| Fulthorpe, an analyst at CSM Worldwide in
| |
| | now,'' said David Cole, chairman of the
|
| Byfleet, England.
| |
| | Center for Automotive Research in Ann
|
| Consequently, Peugeot named Christian
| |
| | Arbor, Michigan. "It's changing its basic
|
| Streiff, previously the head of Airbus
| |
| | business model, so naturally you would
|
| SAS, to succeed the about to retire head,
| |
| | expect to see changes in the head offices
|
| Jean-Martin Folz.
| |
| | as well.
|
