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Former Saab CEO Jonsson, two other execs arrested on tax charges

May 21, 2013 13:04 CET | UPDATED: May 21 17:41 CET - suspects released

Three former Saab executives, including former CEO Jan-Aake Jonsson and Chief Financial Officer Karl-Gustav Lindstroem, were arrested by Swedish prosecutors in an accounting-fraud probe. Read More »
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    Marchionne apologizes for 'wop engine' comment
    May 21, 2013 17:44 CET

    Chrysler-Fiat CEO Sergio Marchionne has issued a written apology to an Italian-American anti-bias organization for saying at the Detroit auto show that an Alfa Romeo need ...
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    Mercedes workers end strike in S. Africa
    May 21, 2013 10:00 CET | UPDATED: May 21 13:31 CET - Adds analyst comment

    A two-day strike at Mercedes-Benz's East London car plant in South Africa ended following crisis talks between management and a workers union. ...
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    Dongfeng-PSA sales rise 37% in April on new models
    May 21, 2013 08:49 CET

    PSA's China joint venture with Dongfeng Motor Corp. said it increased sales 37 percent last month to 45,303 units helped by strong demand for its stretched Citroen C4 and ...
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    French car orders fall 0.5% in April, survey says
    May 21, 2013 15:06 CET

    The decline in French car orders slowed to 0.5 percent in April, showing signs of stabilization in the auto market, according to a dealership survey by trade publication ...
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    BMW counts on new models to keep U.S. luxury lead
    May 20, 2013 06:01 CET

    Mercedes-Benz led the U.S. premium-brand sales race through April of 2013, but BMW of North America CEO Ludwig Willisch expects BMW to repeat as No. 1 for the year. Willi ...
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    Toyota overtakes BMW as most valuable global car brand
    May 21, 2013 01:15 CET

    Toyota has overtaken BMW as the world's most valuable automotive brand, an annual ranking of the world's top brands shows. Toyota's 2013 brand value rose 12 percent to $2 ...
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    Audi overtakes BMW as India's top-selling premium brand
    May 18, 2013 06:01 CET

    Audi has overtaken BMW as India's top seller of luxury vehicles, and Audi executives say the success is due to the automaker's rapid expansion outside large urban centers ...
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    PSA workers end 4-month strike over car plant closure
    May 17, 2013 15:05 CET

    Workers at a PSA factory near Paris have agreed to end a four-month strike in protest against the planned closure of the plant. ...
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    VW Group sales increase 7% in April
    May 17, 2013 12:06 CET

    Volkswagen Group's global monthly sales picked up pace again in April after growing at their slowest rate in more than three years a month earlier. VW Group said on Frida ...
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    VW, GM, others get unexpected boost in China
    May 17, 2013 06:01 CET

    A surprise policy shift in China is expected to give a boost to VW Group, GM and other foreign automakers planning to expand in the world's largest car market. ...
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    ANALYSIS
    New S class key to boosting Mercedes profit margins, China sales
    May 17, 2013 06:01 CET

    Daimler CEO Dieter Zetsche was leaning back in the rear seat of a prototype Mercedes-Benz S-class sedan in 2010 when he realized it didn't recline far enough. ...
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    Fiat says headquarters shift to U.S. is not on agenda
    May 17, 2013 06:01 CET

    Fiat said the idea of moving the group's legal headquarters to the United States following a planned merger with Chrysler Group is not on the company's agenda. ...
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    Audi Q7 will shed weight
    May 17, 2013 06:01 CET

    The redesigned Audi Q7 that debuts next summer in Europe will weigh about 363kg less than the current model, company insiders said, adding that Audi is also planning a hy ...
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    Tariff played a role in Mexico winning Audi plant
    May 17, 2013 06:01 CET

    At the groundbreaking for the Q5 plant in San Jose Chiapa, Mexico, Audi CEO Rupert Stadler offered another explanation for deciding not to locate in the United States: Th ...
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    U.S. and Brazil bright spots for Fiat-Chrysler as Europe declines

    U.S. and Brazil bright spots for Fiat-Chrysler as Europe declines

    12:01 am U.S. ET | May 21
    LUCA CIFERRI: Global April sales for Fiat-Chrysler show how much the Americas, especially the U.S. and Brazil, are supporting the automaker as deliveries in Europe fall.
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    Europe car sales rise for first time in 19 months

    European car sales rose for the first time in 19 months on strong demand in the UK and a rebound in Germany. Read More »
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    Continental names veteran exec Cramer as China head

    Continental names veteran exec Cramer as China head

    May 20, 2013 11:38 CET
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    Kia aims to conquer with new Carens

    Kia aims to conquer with new Carens

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    CAR CUTAWAY

    ZF gives new Opel/Vauxhall Zafira fuel-saving steering

    12:01 am U.S. ET | May 1 2013
    ZF Lenksysteme supplies the new Opel/Vauxhall Zafira Tourer's fast-responding, fuel-saving electric power steering system. ZF's so-called Servolectric system is based on the power-on-demand principle.... Read More »
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    2013 Rising Stars