VW brand chief Diess gets backing from Porsche-Piech clan, report saysFri, 24, Feb 2017
Volkswagen Group's embattled VW brand chief Herbert Diess still has the backing of the clan that controls the carmaker, despite his recurring clashes with labor leaders over cost-cutting plans, Reuters reported.
VW exec Schmidt pleads not guilty, but must stay behind bars, judge saysThu, 23, Feb 2017
Volkswagen executive Oliver Schmidt will remain behind bars as an extreme flight risk even after not-guilty pleas were entered on his behalf during his arraignment Thursday in U.S. District Court in Detroit.
Magna says Q4 profits remained stable as revenues grewFri, 24, Feb 2017
Jeep Compass priced from $22,090Fri, 24, Feb 2017
Pricing for the redesigned 2017 Jeep Compass will start at more than $22,000, while the compact crossover will become the second most-fuel efficient Jeep after the Renegade, Fiat Chrysler said. The redesigned Compass is now built for the U.S. in Toluca, Mexico.
Mercedes mulls U.S. potential for its new pickupFri, 24, Feb 2017
Audi supervisory board backs CEO StadlerFri, 24, Feb 2017
VW board expected to support Audi's Stadler despite criticism over scandalThu, 23, Feb 2017
Audi CEO Rupert Stadler is expected to win the backing of top officials at the carmaker and parent company Volkswagen Group this week, despite criticism of his handling of the group's emissions scandal, two sources close to the matter said.
PSA's Tavares says Opel deal would find 'speedy' savingsThu, 23, Feb 2017
PSA's proposed acquisition of Opel would swiftly create savings and value for both companies, PSA CEO Carlos Tavares said. PSA could attract new customers currently reluctant to buy French cars, while generating savings from shared technical underpinnings, he said.
Ghosn hands Nissan reins to cost-focused lieutenantThu, 23, Feb 2017
Nissan names Saikawa CEO, president; Ghosn to remain chairmanWed, 22, Feb 2017
Carlos Ghosn, the long-serving chief executive who rescued Nissan from bankruptcy, is stepping down as CEO, having nearly finished his latest business plan and driven the Renault-Nissan Alliance to new heights with the acquisition of Mitsubishi. Hiroto Saikawa, who currently serves as co-CEO, will become sole chief executive.