Suzuki has sold its entire 1.5 percent stake in VW Group to Porsche SE and will post a special profit of 36.7 billion yen ($304 million) on the transaction.
New VW Group CEO Matthias Mueller faces a host of problems that had already been looming before the diesel scandal broke and may now be worsened by its repercussions.
Instead of the hated Tier 2 being eliminated, it will be the rich traditional auto jobs that all go away over time, replaced by a permanent class of Tier 2 autoworkers, if the UAW-FCA deal is any indication.
Hyundai has pulled back the curtain on its upscale aspirations with its unveiling of the Vision G Concept Coupe in August. Staff Reporter David Undercoffler sat down with Chris Chapman, who leads the Irvine, Calif.
Massive recalls of Toyota and GM vehicles since 2009 produced no long-term damage to those companies' used-vehicle values. But it's too early to tell how VW's diesel scandal will affect its vehicles' prices at auction
Until U.S. regulators revealed that VW admitted to cheating on its emissions tests, Volkswagen's "clean diesel" strategy largely worked. And it's no wonder that "clean diesel" has been a cornerstone of its U.S. strategy since 2008.
While Herb Chambers says he's enjoying the new-car business more than ever, the prominence in his office of a photo of him with Warren Buffett from a recent NADA meeting begs the question: is he going to sell, too?
Honda of America's manufacturing unit said today it plans to invest $210 million in a new paint line at its Marysville, Ohio, plant that will cut water use, energy consumption, and emissions.
About 5 million VW brand cars including previous-generation Golfs, Passats and Tiguans are affected by the diesel emissions scandal, VW said.
About 5 million VW brand cars including previous-generation Golfs, Passats and Tiguans are affected by the diesel emissions scandal, VW said.
Rolls-Royce North American President Eric Shepherd will step down from the position at the end of the year, the automaker said today. Shepherd will be succeeded by Pedro Mota, Porsche Cars North America's vice president for the western U.S.
Volvo Cars will produce the next-generation S60 compact sedan in Ridgeville, S.C., when the company's new plant becomes operational there in 2018.
As widely expected, Porsche chief Matthias Müller (62) has now been appointed CEO of Volkswagen with immediate effect following a meeting of Volkswagen's Supervisory Board in Wolfsburg today.
The emissions system at the heart of the global Volkswagen diesel mess comprises many complex components, all of which have to work perfectly and consistently all the time, or the vehicle will fail to meet pollution standards.
News
25 Sep, 2015
Tesla CEO reveals how he’d handle the VW emissions crisis if he was named boss
Opinion
26 Sep, 2015
No other nation would display 50 per cent of its flag when promoting its products, says Mike Rutherford - why is Britain?
Volkswagen Group chose Matthias Mueller as its new CEO to replace Martin Winterkorn. Although Mueller will be surrounded by talented and experienced advisers I would like to share seven suggestion.
Volkswagen AG executives in Germany controlled the key aspects of emissions tests whose results the carmaker now admits were faked, three people familiar with the company's U.S. operations told Bloomberg.
U.S. environmental regulators will add more spot-checks to cars already on the road following Volkswagen AG's admission that it fitted as many as 11 million diesel cars worldwide with software that rigged pollution tests.
Hyundai said it would recall 470,000 Sonata sedans in the United States to replace faulty engine parts, according to documents filed with the National Highway Traffic Safety Administration.