VW finds 1.9 billion euros in savings as cost-cut push takes shape

Nov. 27, 2015 16:08 CET

VW Group has identified about 1.9 billion euros ($2 billion) in savings at its core brand that include reducing variants and trim options in a bid to help offset fines and recalls stemming from the manipulation of vehicle emissions.... Read More »

VW labor boss says CO2 scandal has hit car orders

Nov. 27, 2015 15:21 CET

VW Group is dealing with a slowdown in new-car orders in the wake of admitting this month that it understated CO2 emissions in about 800,000 vehicles, VW's top labor representative said.... Read More »

PSA stakeholder Dongfeng removes president after gov't graft probe

Nov. 26, 2015 11:41 CET

Dongfeng said it removed President Zhu Fushou from his position after the government launched an investigation into the executive for suspected graft earlier this month. Dongfeng owns a 14.1 percent stake in France's PSA and has joint ventures with PSA, Renault, Nissan and Honda.... Read More »


Audi CEO told to 'push on' with emissions probe

Nov. 26, 2015 20:26 CET

Audi's top labor representative said that CEO Rupert Stadler needs to "push on" with an investigation into the causes of emissions issues at VW Group's flagship luxury brand with no regard to who may be involved.... Read More »


Audi suspends 2 engineers following U.S. emissions stumble

Nov. 26, 2015 12:45 CET

Audi has suspended two engineers after its 3.0-liter V-6 diesel engines were found to have evaded emissions limits in the U.S., Rupert Stadler, Audi's CEO, was quoted as saying in a newspaper report.... Read More »

PSA must improve performance in Germany, CEO says

Nov. 26, 2015 16:40 CET

PSA must urgently improve its position in Germany, where its market share lags rivals VW brand and Opel as the automaker fails to convince customers of the value and attractiveness of its cars, CEO Carlos Tavares told a German magazine.... Read More »


VW sticks to 6.7 billion euro provision for diesel recall

Nov. 25, 2015 12:50 CET

VW will not reduce a planned provision of 6.7 billion euros ($7.1 billion) to cover the costs of its recall of 8.5 million diesel vehicles in Europe even though technical fixes for the affected cars will likely turn out to be less complex than initially thought.... Read More »

France opposes changes to Renault-Nissan structure

Nov. 25, 2015 21:52 CET

France's decision to secure double voting rights in Renault should not result in any changes to the structure of the automaker's partnership with Nissan, the country's economy minister said. Sources say Renault-Nissan CEO Carlos Ghosn wants to give Nissan more say over the alliance.... Read More »

Chinese automaker Dongfeng removes president under graft suspicion

7:43 am U.S. ET | Nov. 25, 2015

Dongfeng Motor Group said it removed President Zhu Fushou from his position, after the government launched an investigation on him for suspected graft earlier this month.... Read More »

PSA to launch new DS 4S hatchback in China next year

Nov. 25, 2015 06:01 CET

PSA will begin production of a third model from its near-premium DS brand, the DS 4S, at its plant in Shenzhen, China. Sales are scheduled to begin in the first half of next year. The model will be built and sold exclusively in China.... Read More »

U.S. House passes bill revoking CFPB auto lending guidance; Senate, Obama pose hurdles

12:01 am U.S. ET | Nov. 25, 2015

A bill that would limit the U.S. Consumer Financial Protection Bureau’s 2013 auto lending guidance passed the House of Representatives last week by a 332-96 vote. But the bill faces an uphill battle in the Senate and from President Obama.... Read More »

Smartphones may have role in 8.1% rise of U.S. traffic deaths

3:46 pm U.S. ET | Nov. 24, 2015

The number of deaths from traffic accidents in the U.S. jumped 8.1 percent in the first half of 2015, suggesting smartphones and other driving distractions could be making America's roadways more dangerous.... Read More »

Jaguar Land Rover will double size of UK engine plant

Nov. 24, 2015 14:16 CET

Jaguar Land Rover will spend 450 million pounds ($680 million) to double the size of its engine plant in central England, taking total spending to 1 billion pounds on the plant, which opened last year to make four-cylinder diesels.... Read More »

Can GM build on OnStar advantage?

12:01 am U.S. ET | Nov. 23, 2015

Phil Abram is leading GM's effort to stake a leadership position in connected cars that GM execs believe is critical to its future.... Read More »

Toyota monitoring suppliers to ensure disaster readiness

12:01 am U.S. ET | Nov. 23, 2015

When Hurricane Patricia slammed into Mexico last month, it offered Toyota Motor Corp. an opportunity to test its supplier monitoring system.... Read More »

Cadillac's plug-in play: Hybrids first, then EV

12:01 am U.S. ET | Nov. 23, 2015

Cadillac plans to equip most of its vehicles in coming years with plug-in hybrid versions to meet tightening regulations, especially in China, brand boss Johan de Nysschen said.... Read More »

Chip Perry, TrueCar's new CEO, seeks to rebuild dealers' trust

11:00 am U.S. ET | Nov. 23, 2015

Chip Perry said his goal as the new CEO of TrueCar will be to win back the trust of auto dealers. Perry, 62, who helped build AutoTrader from a start-up venture into a $1 billion shopping site, was named CEO of TrueCar earlier today. He replaces Scott Painter, who announced his resignation as CEO in Augus... Read More »

PSA, T&E to co-publish real-world fuel-use data

Nov. 23, 2015 20:45 CET

PSA will cooperate with Brussels-based green lobby group Transport & Environment to measure and publish the real-world fuel consumption of its vehicles, CEO Carlos Tavares said. "In these troubled times for the industry, we must keep the trust of our consumers," Tavares added.... Read More »

7 years' worth of VW diesels now under scrutiny

12:01 am U.S. ET | Nov. 23, 2015

Last week was supposed to bring some measure of clarity to Volkswagen's emissions fiasco.... Read More »

Chronicler of VW slave labor dies

12:01 am U.S. ET | Nov. 23, 2015

Hans Mommsen's name was not widely known in the English-speaking world, but the German historian exhaustively chronicled a sordid chapter in automotive history: Volkswagen's use of slave labor during Hitler's Third Reich.... Read More »

Reuss: More GM diesels coming in cars, trucks

12:01 am U.S. ET | Nov. 23, 2015

General Motors will move forward with diesel engines in cars and light trucks despite the potential chilling effect from Volkswagen's emissions scandal, GM's product chief said.... Read More »

VW CEO says diesel engine refits 'manageable'

1:36 pm U.S. ET | Nov. 23, 2015

The steps needed to fix about 8.5 million Volkswagen cars in Europe fitted with illegal emissions-control software are technically and financially manageable, the German automaker's CEO said today.... Read More »

GM turns to KBB website for targeted incentives

12:01 am U.S. ET | Nov. 23, 2015

General Motors is using Kelley Blue Book’s website to offer consumers targeted incentives, the latest sign that carmakers are keen to integrate their marketing efforts with third-party lead providers.... Read More »


12:01 am U.S. ET | Nov. 23, 2015

This week's obituaries includes Bob Bryce, who worked in automotive retail for more than 40 years; Richard Newsted, chairman of automotive supplier Chassix Holdings, Inc.; and Gene Wittenberger, a longtime auto dealer.... Read More »

Dahl takes FCA's safety post

12:01 am U.S. ET | Nov. 23, 2015

Fiat Chrysler has named a longtime executive who most recently oversaw engine development as its new head of vehicle safety and regulatory compliance.... Read More »

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GM's Barra: Tapping into ideas from Silicon Valley

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