Porsche workers will be paid a bonus of up to 8,911 euros ($9,881) each, up from 8,600 euros a year earlier, despite the emissions scandal at parent Volkswagen that has sparked cost reductions.
New vehicle sales in Thailand fell further in February, by 10.7% to 57,090 units from 63,948 units a year earlier, according to data released by the Federation of Thai Industries (FTI).
Toyota said three models formerly under the Scion banner will have new names when they're sold as Toyotas starting in the 2017 model year.
VW is in talks with U.S. authorities to establish remediation funds as punishment for pollution from its cars, Bloomberg reported. One fund would be used to promote clean transportation, while the other would promote zero-emissions vehicles.
Chinese automaker Chery Automobile is returning to the Egyptian market with the relaunch of models previously sold under the Speranza brand.
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17 Mar, 2016
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17 Mar, 2016
Nissan reveals teaser image showing distinctive GT-R lights, hinting at new model for New York Motor Show
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17 Mar, 2016
Hyundai's luxury brand Genesis will reveal a new executive saloon at the New York Motor Show
China's BAIC Motor Corporation has acquired a 35% stake in Fujian Benz, a joint venture with Germany's Daimler AG, to become the company's second-largest shareholder - according to local reports.
Automotive and industrial supplier Schaeffler says it expanded its revenue by 9.1% to EUR13.2bn in 2015.
Fears that young people no longer view learning to drive or owning a car as a rite of passage appear to be unfounded according to a recent study.
VW Group brand SEAT says it closed 2015 with a profit after-tax of EUR6m, which compares with an EUR66m loss in 2014. It's the first profit for the Spain-based brand since 2008.
PSA/Peugeot-Citroen named veteran manager Olivier Mornet as president of its Chongqing Changan Auto partnership. The joint venture is struggling to establish a niche in China for its DS brand.
VW Group's core brand, which is grappling with the effects of its diesel-emissions scandal, may have turned the corner in European after a "period of weakness," its sales and marketing chief, Juergen Stackmann, said.
PSA/Peugeot-Citroen named veteran manager Olivier Mornet as president of its Chongqing Changan Auto partnership. The joint venture is struggling to establish a niche in China for its DS brand.
Renault will unveil a sport-car concept that will begin a new series of brand-defining concepts, its design chief, Laurens van den Acker, said.
AMG, the high-performance wing of Mercedes-Benz, has turned its wrenches on the GLC compact crossover. The AMG GLC43, a V-6, twin-turbo-powered, two-row utility vehicle will debut at the 2016 New York auto show.
Nissan is not revealing what model it is. But the low-roof, wide stance silhouette of the car in its New York auto show teaser can be little other than its GT-R supercar.
Ricardo Reyes has left Tesla Motors after less than 18 months as vice president of global communications just as the electric-car maker prepares to sell its most important new model.
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