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Fuel strategies aside, executives of German brands welcome competition from America and Japan, saying the diesel tide will lift all these high-mileage boats.
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There was speculation that the Swedish investor group, if successful, could tap Hakan Samuelsson, former chief executive of German truckmaker MAN, to lead a Saab restructuring.
Other high-profile figures in the corporate world who have backed May's draft agreement include Jürgen Maier, the UK chief executive of German engineering giant Siemens, and Warren East, the chief executive of Rolls-Royce.
The global figure for stocks of fish that are endangered or in a very bad shape is 20%, according to Frans Muller, chief executive of German supermarket group Metro, which he says is "by far the largest seller of fish in Europe".
Last year, two former executives of the German engineering group Siemens were convicted of bribery in connection with an Italian gas-turbine contract.
BLOOMBERG NEWS Deutsche Bank Announces Management Shake-Up | Deutsche BankBannouncednchangesnges to its management team on Friday, a sign that the incoming co-chief executives of the German bank were looking to put their stamp on the group ahead of assuming joint control.
Last year, eight former executives of the German technology giant Siemens were charged with bribing Argentine officials in what the Justice Department characterized as "a stunning level of deception and corruption".
LONDON – Deutsche Bank announced changes to its management team on Friday, a sign that the incoming co-chief executives of the German bank are looking to put their stamp on the group before they assume joint control.
In 1998, when Daimler paid $36 billion to unite with Chrysler, executives of the German automaker said they were creating a "merger of equals," but the deal was seen in Detroit as a takeover of Chrysler.
Executives of the German carmaker Volkswagen said this week that they were considering several strategies to stave off a potential hostile bid, including selling or partly spinning off its Audi luxury brand.
FINANCIAL TIMES Deutsche Bank Said to Weigh a Share Offering | Executives of the German lender are debating a plan to raise up to $3.9 billion in capital through a sale of stock, The Wall Street Journal reports, citing unidentified people familiar with the matter.
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