Porsche Automobil Holding SE's owner families have agreed with a key Volkswagen AG shareholder that controversial clauses of a law protecting VW from hostile takeovers would be absorbed into the by-laws of Europe's biggest carmaker itself, a German...
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Porsche Automobil Holding SE's owner families have agreed with a key Volkswagen AG shareholder that controversial clauses of a law protecting VW from hostile takeovers would be absorbed into the by-laws of Europe's biggest carmaker itself, a German...
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Deutsche Bank CEO Josef Ackermann has told Porsche Automobil Holding SE's owner families of the urgency to stump up cash in order to pay down the company's debts, which have risen to 14 billion euros (about $19.
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Deutsche Bank CEO Josef Ackermann has told Porsche Automobil Holding SE's owner families of the urgency to stump up cash in order to pay down the company's debts, which have risen to 14 billion euros (about $19.
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Mitsubishi Motors Corp., selling half as many cars in the United States as it did a year ago, is expected to report a group operating loss of around 20 billion yen ($211 million) for the April-June quarter, the Nikkei business daily said.
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The Porsche and Piech families were prepared to offer Porsche AG CEO Wendelin Wiedeking 140 million euros ($199 million) for his resignation, his lawyer told Reuters on Friday.
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Congress today turned up the heat on General Motors Co. and Chrysler Group with a senior lawmaker calling for a U.S. Treasury Department review of decisions to cut more than 2,000 dealers. U.S. Sen. Jay Rockefeller, D-W.Va.
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Representatives of the families that own Porsche Automobil Holding AG are set to take seats on Volkswagen AG's supervisory board vacated by former Porsche CEO Wendelin Wiedeking and his finance chief, Holger Haerter, sources close to Volkswagen said...
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Representatives of the families that own Porsche Automobil Holding AG are set to take seats on Volkswagen AG's supervisory board vacated by former Porsche CEO Wendelin Wiedeking and his finance chief, Holger Haerter, sources close to Volkswagen said...
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The Porsche and Piech families were prepared to offer Porsche AG CEO Wendelin Wiedeking 140 million euros ($199 million) for his resignation, his lawyer told Reuters on Friday.
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Felipe Massa was stretchered into the Hungaroring medical centre following a bizarre crash during the Q2 qualifying session.
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Fernando Alonso is the surprise pole sitter for the Hungarian grand prix following a bizarre qualifying session near Budapest.
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Englewood Cliffs, - As the only automaker in the luxury class that utilizes a master design firm - legendary Pininfarina - Maserati has found there is an affinity between its brand and those who appreciate fine design.
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LONGUEUIL, QC, - The Jacques Cartier Bridge will be closed to traffic Saturday night, July 25, from 8:30 p.m. to 11:30 p.m., during L'International des Feux Loto-Québec held at La Ronde, to welcome pedestrians on the bridge deck, sidewalk and cycling path.
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Every few years, there's a run on retro-styled cars that recapture the character and attitude of a famous model from years ago. Though carmakers from around the world have all taken part in the trend, one of the most visible retro cars on the road today is arguably the Volkswagen Beetle.
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The Scuderia Ferrari has announced that Felipe Massa had undergone successful emergency surgery at Budapest's AEK military hospital in Hungary.
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New measures this year including KERS and adjustable front wings have been formula one flops, according to Fernando Alonso.
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Veteran Ron Hornaday (Chevy No 33) won a record fourth NASCAR Camping World Truck race in a row.
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Felipe Massa will not start the Hungarian grand prix on Sunday.
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Dearborn, Michigan -- Only in today's shaky and high-stakes global auto industry, would burning through US$1 billion in cash be considered a "great" quarterly result.
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