VW finance chief Poetsch proposed as next chairman
8:54 am U.S. ET | Sept. 3, 2015 |
UPDATED: 9/3/15 10:05 am ET -- adds comments
Volkswagen Group's controlling parent company, Porsche Automobil Holding, said it has proposed Hans Dieter Poetsch as chairman of Volkswagen's supervisory board, a post that Ferdinand Piech quit earlier this year.
Mercedes is working on Tesla Model S fighter, r&d chief tells paper
6:08 am U.S. ET | Sept. 3, 2015
Mercedes-Benz is working on an electric car with a range of up to 311 miles that could compete with Tesla's Model S sedan, Thomas Weber, Mercedes' development chief, told a German auto magazine.
VW plans to extend CEO Winterkorn's contract until 2018
4:02 am U.S. ET | Sept. 2, 2015
Volkswagen plans to extend the contract of CEO Martin Winterkorn until the end of 2018, a victory for the executive after he clashed with former...
Former Saab CEO charged with giving false testimony
10:44 am U.S. ET | Sept. 2, 2015
Former Saab Automobile CEO Jan Ake Jonsson was charged with giving false testimony when the aftermath of the Swedish automaker's bankruptcy played...
Suzuki plans to go it alone after 4-year dispute with VW ends
5:14 am U.S. ET | Aug. 31, 2015
Suzuki says independence will be a "precondition" for future dealings after an international court ended a failed cooperation with Volkswagen after a...
Renault, Nissan halt $756 million India investment, report says
5:43 am U.S. ET | Aug. 31, 2015
Renault and alliance partner Nissan have halted plans to invest 50 billion rupees ($756 million) in India because they say they are owed 46 billion...
Volkswagen must sell shares in Suzuki, court decides
4:54 am U.S. ET | Aug. 30, 2015
Volkswagen must sell its shares in estranged partner Suzuki, an international court decided, ending a nearly four-year battle over a dysfunctional...
China's BAIC in talks to take Daimler stake, report says
12:01 am U.S. ET | Aug. 28, 2015
Chinese automaker BAIC Motor is in talks with Daimler about taking a stake in the German luxury carmaker, Reuters reported.
Ferrari considers appointing Marchionne as new CEO, report says
9:10 am U.S. ET | Aug. 27, 2015
Ferrari is considering appointing Chairman Sergio Marchionne as CEO after Amedeo Felisa retires from the post in the coming months, sources told...
2015 FRANKFURT AUTO SHOW
Kia releases Sportage pictures ahead of show debut
4:30 am U.S. ET | Aug. 27, 2015
Kia released pictures of its latest Sportage ahead of the model's debut at the Frankfurt auto show.
ZF says TRW integration on track, sees stable profits despite China slowdown
7:01 am U.S. ET | Aug. 27, 2015
ZF Friedrichshafen said the integration of rival TRW is progressing well and it expected full-year sales and profits to remain stable despite a...
Tesla Model S breaks Consumer Reports' test scale
6:43 am U.S. ET | Aug. 27, 2015
Tesla's high-performance Model S P85D scored a 103 on Consumer Reports' ratings scale meant to top out at 100, forcing the magazine to recalibrate...
2015 FRANKFURT AUTO SHOW
Hyundai concept will showcase brand's performance credentials
5:07 am U.S. ET | Aug. 26, 2015
Hyundai is trying to burnish its performance credentials and will unveil an “ultimate concept car” at next month's Frankfurt auto show...
Jaguar touts F-Pace's driving dynamics
4:37 am U.S. ET | Aug. 26, 2015
Jaguar today said its new F-Pace will offer driving dynamics "unlike anything else in the segment" as the UK sports car maker takes aim at the...
Lexus rises to No. 1 in customer satisfaction study
12:01 am U.S. ET | Aug. 25, 2015
Lexus overtook Mercedes-Benz to come out on top in a recent U.S.
Toyota tests potential alternatives to Takata airbag inflators
4:54 am U.S. ET | Aug. 25, 2015
Toyota said it is testing airbag inflators made by Autoliv and Nippon Kayaku as possible alternatives to potentially lethal parts supplied by Takata.
How GM and Perdue Farms help keep the lights on
3:25 pm U.S. ET | Aug. 25, 2015
General Motors and poultry supplier Perdue Farms now have something in common: They're both getting paid to use less power.
Toyota will ban ads below invoice
12:01 am U.S. ET | Aug. 24, 2015
Toyota is preparing to ban dealerships from advertising vehicles at below-invoice prices, in line with a similar policy at Honda.
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