Post Tagged with: "management"

Visteon signs agreement to divest majority of Automotive Interiors Business to an affiliate of Cerberus Capital Management

Visteon signs agreement to divest majority of Automotive Interiors Business to an affiliate of Cerberus Capital Management

Visteon Corporation today announced an agreement to divest the majority of its global automotive interiors business to an affiliate of Cerberus Capital Management, L.P. The transaction, which is subject to regulatory reviews and other conditions, is expected to be completed by Dec. 31, 2014. Visteon also announced it has completed a previously announced agreement to sell its 50 percent ownership[Read More…]

Daimler Trucks announces top management changes in its Asian operations

Daimler Trucks announces top management changes in its Asian operations

  Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Daimler India Commercial Vehicles Pvt. Ltd. (DICV), today reported important personnel changes in their Board of Management, which will be effective June 01, 2014. These changes have been decided by the Board of Management, Daimler AG, but as a formality are still subject to the approval by the Shareholders’ meeting and[Read More…]