Ferrari pushing for $12.4 billion valuation in stock offering, report says

4:11 pm U.S. ET | Oct. 8, 2015

Ferrari’s coveted status as a maker of cars for the super rich is helping push up its value in an initial public offering to as much as $12.4 billion, people familiar with the matter told Bloomberg.... Read More »


Older VW diesels will need software and hardware fixes, Horn tells lawmakers

12:01 pm U.S. ET | Oct. 8, 2015

A software fix won't be enough to bring most of the 482,000 vehicles involved in its emissions violations scandal into compliance with U.S. clean air laws, Volkswagen Group of America CEO Michael Horn testified in a congressional hearing today.... Read More »

Audi picks ex-China boss to replace de Meo as sales chief

Oct. 8, 2015 11:42 CET

Audi has picked its former China boss, Dietmar Voggenreiter, as its new sales and marketing chief to succeed Luca de Meo. During Voggenreiter's nearly nine years of leadership, Audi's China sales grew sevenfold to 579,000.... Read More »

Audi's global sales rise 7% despite diesel-emissions scandal

Oct. 8, 2015 14:44 CET

Audi's global sales rose nearly 7 percent last month despite the brand being caught up in a diesel emissions-rigging scandal that has rocked its parent, Volkswagen Group.... Read More »


VW cheat software was switched on in Europe, report says

Oct. 8, 2015 09:08 CET

Volkswagen's software used to cheat emissions tests was switched on in diesel vehicles in Europe, a German newspaper reported.... Read More »

Aston Martin to cut jobs as part of turnaround

Oct. 8, 2015 10:54 CET

Aston Martin is planning job cuts as part of a restructuring that will involve the money-losing automaker expanding into electric vehicles and crossovers. The cuts will come from office staff, a company spokesman said, but they will not affect any production staff.... Read More »

VW picks Skoda r&d chief to run technical development, report says

Oct. 8, 2015 10:13 CET

VW Group will pick Skoda development chief Frank Welsch to replace suspended executive Heinz-Jakob Neusser as head of technical development at VW brand, a report said.... Read More »


BLOG: So long side mirrors, hello cameras

12:01 am U.S. ET | Oct. 8, 2015

Audi and Mercedes-Benz are among the automakers that believe they will be able persuade legislators in key global markets that side mirrors need to be replaced by cameras to make future models more aerodynamic and fuel efficient.... Read More »


Ford of Europe boss bullish about brand's rebound

Oct. 7, 2015 06:01 CET

New Ford of Europe boss Jim Farley is bullish about the brand's chances of making a profit again soon despite a huge slump in Russia, where the automaker has invested heavily in products and plants. Farley explained to Automotive News Europe why he expects to benefit from the comittment to Russia and a much-improved SUV lineup.... Read More »


BLOG: How Marchionne could forfeit his big win on Tier 2

12:30 pm U.S. ET | Oct. 7, 2015

The FCA boss got the UAW to go along with his reset of the prevailing industry wage. But the FCA rank-and-file saw that losing proposition from a mile away... Read More »

VW withdraws EPA application for 2016 diesels

3:11 pm U.S. ET | Oct. 7, 2015

Volkswagen withdrew its application for EPA certification for 2016 models with 2.0-liter diesel engines until they comply with U.S. emissions standards. Without EPA certification, the cars can't be sold, which means there could be a longer wait for certain diesel models.... Read More »


New VW chairman says it will take time to clear up emissions scandal

Oct. 7, 2015 16:15 CET

New VW Group Chairman Hans Dieter Poetsch said it would take time to get to the bottom of the automaker's rigging of diesel emissions tests.... Read More »

U.S. hearing into VW violations puts industry, EPA under scrutiny

12:01 am U.S. ET | Oct. 7, 2015

Volkswagen's top U.S. executive will field questions from U.S. lawmakers Thursday on how the company managed to evade pollution rules, kicking off a probe into the scandal and whether other automakers might be implicated. The high-profile proceedings will also scrutinize the EPA's failure to identify the VW violations for years.... Read More »

New VW chairman says it will take time to clear up emissions scandal

9:42 am U.S. ET | Oct. 7, 2015

New Volkswagen Chairman Hans Dieter Poetsch said it would take "some time" to clear up a diesel emissions scandal that has hammered the company's stock and reputation.... Read More »

Renault-Nissan said to discuss new structure as Ghosn seeks to counter French control

Oct. 7, 2015 09:21 CET

Renault and Nissan have entered discussions to reorganize their capital alliance structure in a bid to contain the growing influence of the French government, reports said. Renault may lower its stake in Nissan to allow its Japanese partner voting rights.... Read More »


Pischetsrieder, Bernhard deny involvement in VW diesel scandal

Oct. 6, 2015 06:01 CET

Former VW Group CEO Bernd Pischetsrieder and ex-VW brand chief Wolfgang Bernhard deny involvement in the automaker's use of software capable of cheating vehicle emissions tests.... Read More »


VW CEO Mueller warns staff of 'painful' cutbacks

Oct. 6, 2015 13:06 CET

VW Group CEO Matthias Mueller said the automaker will delay or cancel non-essential projects as pressure mounts to slash spending in the wake of its diesel-emissions crisis. "This won't be painless," he told 20,000 employees at the company's headquarters in Wolfsburg.... Read More »


VW says 8 million cars in EU are affected by cheat software

Oct. 6, 2015 11:00 CET

VW has told lawmakers that 8 million diesel vehicles in the EU were fitted with software capable of cheating vehicle emissions tests. Vehicles with 1.2-, 1.-6 and 2.0-liter diesel engines of the type EA 189 are affected.... Read More »

VW to recall Europe diesels starting in January; U.S. sales to continue for now

6:03 pm U.S. ET | Oct. 6, 2015

Volkswagen's CEO told a German newspaper that the company will launch a recall in Europe of cars with software designed to skirt diesel emissions tests starting in January and complete the fix by the end of next year.... Read More »

VW under pressure for answers as emissions scandal deadlines loom

11:03 am U.S. ET | Oct. 6, 2015

Hans Dieter Poetsch's first board meeting as chairman of Volkswagen on Wednesday could turn out to be his most important, coming just hours before a deadline set by German regulators and testimony by the company's top U.S. executive in Congress.... Read More »

VW stops the music as diesel scandal buries culture of spending

3:46 pm U.S. ET | Oct. 6, 2015

VW's lavish parties typically featured a surprise guest, from the Pet Shop Boys to Robbie Williams to Justin Timberlake. Now the music is about to stop.... Read More »

U.S. House panel prepares to grill VW on cheating timeline

4:38 pm U.S. ET | Oct. 6, 2015

VW waited two months after acknowledging a software abnormality in its cars to tell regulators the algorithm was designed to cheat emissions tests, according to a staff memo prepared for lawmakers investigating the automaker.... Read More »


BLOG: GM flexes engineering prowess with 2016 Chevy Volt, Colorado diesel

11:45 am U.S. ET | Oct. 6, 2015

GM is starting to flex its engineering muscles in just about every area of its business.... Read More »


Jaguar Land Rover CEO Speth says brand's 'heart and the soul' will remain in the UK

Oct. 6, 2015 06:01 CET

Jaguar Land Rover is branching out of the UK with a factory in China and plans to build cars in Brazil and Slovakia. Another big change is Jaguar's addition of its first SUV. JLR CEO Ralf Speth explained to Automotive News Europe how both of the moves will help the automaker.... Read More »

A clash of styles for Cadillac

12:01 am U.S. ET | Oct. 5, 2015

Cadillac President Johan de Nysschen and GM product development boss Mark Reuss are having a running debate over Cadillac's edgy styling.... Read More »

Automotive News Cover
Special Video Report
Mazda marketer slams autonomous cars, protects 'Zoom-Zoom'

Mazda marketer slams autonomous cars, protects 'Zoom-Zoom'

Russell Wager says he has a 'real problem' with self-driving cars because they could erase popular tag lines and even brands.
» Watch the Video
News by Brand