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Hyundai picks Genesis’ Megan Gillam for new product post

Hyundai Motor America appointed Genesis executive Megan Gillam as director of product line management, a new position at the Korean automaker. Gillam, who began her new job this week, will lead a team of product line managers and be responsible for understanding...

BMW management and labor reach agreement to cut costs

HAMBURG — BMW management and labor have reached an agreement on measures to reduce costs that avoids “drastic measures,” the automaker said on Wednesday. The agreement involves reducing bonuses for workers based on company profits, as well changes to...