Volkswagen Group is preparing to name sales and marketing boss Bram Schot as interim chief at its Audi unit, Bloomberg reported. The move follows the arrest of CEO Rupert Stadler in connection with VW's diesel-emissions cheating.
Audi CEO Rupert Stadler could not have been more prophetic when he said last month: "The diesel crisis is not yet over for us." Stadler was arrested today in Germany pending a trial for fraud and false testimony on the suspicion he could destroy evidence.
The UAW's 37th constitutional convention last week produced a new slate of leaders who will be responsible for moving the union past a major corruption scandal and reaching a new labor agreement with the Detroit 3 next year.
Ford's purchase of a blighted former train station in Detroit as the centerpiece of an urban technology campus carries symbolism that factored into the decision to undertake such an ambitious rehabilitation project.
On June 8, the automaker marked its 70th birthday with celebrations around the United States, with Porsche Cars North America and its U.S. dealers hosting Sportscar Together Day events for owners and the public.
Bill Ford Jr. sat down with Automotive News and Crain's Detroit Business to talk about his company's plan for redeveloping the Michigan Central Station. Here is a transcript of that interview, edited for clarity.
Visteon, in disclosing the online porn and prostitution pursuits of former CEO Tim Leuliette, appears to have joined a movement among corporations to air executive indiscretions rather than sweep them under the rug.
President Trump pushed ahead with hefty tariffs on $50 billion of Chinese imports, including cars and auto parts, and a smoldering trade war between the world's largest economies ignited as Beijing replied with tariffs on 659 American imports, including light vehicles.
Renault shareholders approved CEO Carlos Ghosn's 7.4 million euro ($8.6 million) compensation for 2017, averting a boardroom crisis as the automaker explores closer consolidation with alliance partner Nissan.
German Chancellor Angela Merkel hinted at a new front in the trade row with the U.S., warning that Europe's strategic interests rode on the future of the region's car industry and alluding to competition probes of U.S. internet giants.
Carlos Ghosn said there are questions as to whether the Renault, Nissan and Mitsubishi alliance can continue in its current form amid talk of a full merger that could help the automakers pool resources better in the new age of electrified vehicles and autonomous driving.
President Trump announced hefty tariffs on $50 billion of Chinese imports as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world's two largest economies.