Russian manufacturer OAO Sollers said Friday it will pursue a joint venture with Ford, after ending talks on a similar partnership with Fiat. It's a setback for Fiat and Chrysler because the Italian automaker, which owns 25% of Chrysler, will now need to grow a substantial presence in the rapidly growing Russian market.
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CODA Holdings Appoints Former General Motors International Executive Philip Murtaugh as Chief Executive Officer
CODA Holdings, a California-based leading developer of advanced Lithium-ion power battery systems and all-electric vehicles, today announced that its Board of Directors has named Philip Murtaugh, a seasoned executive with extensive operating, manufacturing, sales and marketing experience in both the United States and Asia, as its new Chief Executive Officer.
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