Renault ousts CEO days after Nissan gets a new one
Renault ousted chief executive Thierry Bollore on Friday, as the French carmaker and its Japanese partner Nissan seek to rekindle their alliance following the scandal-hit tenure of former alliance supremo Carlos Ghosn. Tensions between Renault and Nissan, which picked a new CEO on Tuesday, have been high since Ghosn's arrest in Tokyo last year on allegations of financial misconduct, which he denies. Bollore, who was close to Ghosn and had strained relations with Nissan's pre
GM appeals directly to UAW workers: 'The strike has been hard on you, your families ...'
While emphasising GM's commitment to the collective bargaining process, the letter, signed by Executive Vice-President for Global Manufacturing Gerald Johnson, circumvents United Auto Workers (UAW) leadership and points to frustration at a lack of progress on ending a conflict that has already cost the company more than $1 billion. "The strike has been hard on you, your families, our communities, the Company, our suppliers and dealers," it read, saying the latest offer increased compensation an
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