Porsche’s new CEO Michael Macht may have just taken over the helm at Porsche, but already he’s talking about some big changes in store for Porsche. One near-term goal: to double sales within in the mid to long-term.
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Toyota’s top executive in the United States said the company was reviewing its entire operation here, saying executives haven’t decided whether to close a factory in California or when it will open a factory in Mississippi.
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Chrysler LLC Chairman and CEO Robert Nardelli announced Thursday he will step down as head of the automaker, which is filing for bankruptcy protection.

“I announced to Chrysler’s Board of Management and our senior leadership as well as the U.S. Treasury that I plan to leave the company and return to Cerberus Capital Management as an adviser,” Nardelli said in a letter to employees.
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