Days before it parted ways with former CEO Mark Fields, Ford offered retention stock bonuses to four top executives ranging from $2 million to $5 million.
Stuttgard public prosecutor's office staff are "about" to search premises of Daimler AG at several locations in Germany, the automaker said in a statement on Tuesday afternoon (23 May).
News
24 May, 2017
New Ingenium petrol engines arrive in both SUVs later this year, with new SD4 diesel also added
Mark Fields' tenure as CEO coincided with a Donald Trump presidential candidacy that cast a harsh spotlight on the company's global production base.
The Toyota Research Institute (TRI) has announced that it is exploring blockchain and distributed ledger technology for use in the development of a new mobility ecosystem that could accelerate development of autonomous driving technology.
Jaguar Land Rover's profit margin widened to 14.5 percent in its latest quarter on strong demand for SUVs in major markets including China and the U.S.
Jaguar Land Rover's profit margin widened to 14.5 percent in its latest quarter on strong demand for SUVs in major markets including China and the U.S.
The auto industries of the U.S., Canada and Mexico agree there should be no changes to rules of origin in NAFTA, the president of the Mexican automakers association said.
Honda's US proving ground in Cantil, California, is back in full operation after refurbishment, the automaker said.
German prosecutors searched 11 Daimler sites as part of a fraud probe related to false advertising and the possible manipulation of exhaust gas after-treatment in diesel cars.
Daimler has laid the foundation for its second battery factory, saying it was "taking the next strategic step in its electric offensive".
600 workers out of 1,500 at GM in South Africa will lose their jobs by July after the automaker decided to sell its local operations.
Until recently, the use of carbon fibre in vehicle manufacture has been confined to high-end, low-volume vehicles - a fashionable choice for the automotive elite. Yet times are changing. Continuing just-auto/QUBE's series of research snapshots, this is the second of two parts reviewing lightweighting developments using magnesium and carbon fibre.
While magnesium may not be as popular for lightweighting as steel alternatives like composites, its application is gradually spreading from luxury marques to mass-produced models. Continuing just-auto/QUBE's series of research snapshots, this is the first of two parts reviewing lightweighting developments using magnesium and carbon fibre.
France's Economy Minister has confirmed he asked Renault and PSA Group to increase their orders to ailing supplier, GM&S in a move which could see the stamping operator evade liquidation.
Tata Steel said it had worked with "a leading European vehicle manufacturer" to expanded its Serica premium surface finish range for automotive exposed panels.
VW Group made nearly $26 billion in sale proceeds on cars sold in the country with illegal defeat devices, France's consumer fraud watchdog believes, according to a French newspaper. The figure could be used by a court to set fines against VW.
VW Group made nearly $26 billion in sale proceeds on cars sold in the country with illegal defeat devices, France's consumer fraud watchdog believes, according to a French newspaper. The figure could be used by a court to set fines against VW.
France's consumer fraud watchdog believes VW Group made nearly 23 billion euros ($25.65 billion) in sale proceeds on cars sold in the country with illegal defeat devices, a French newspaper reported.