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Despite leading BMW to record sales and steering the company through a design controversy, chairman Helmut Panke was denied an opportunity to extend his contract and was forced to retire at 60, BMW's mandatory retirement age. Panke immediately becomes a candidate for almost any top job in the industry, though he's still waiting for a call from DaimlerChrysler.
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After the collapse of alliance talks with GM, the globetrotting CEO is going it alone - at least for now. (more)
Kerkorian selling his stock removes a big psychological barrier. But beleaguered General Motors CEO Rick Wagoner still faces many hurdles ahead. (more)
After five years, most cars are worth a fraction of their original cost. These models do the best, according to Kelley Blue Book. (more) |
