VW hopes to finalize plans this year to reduce its German workforce by a net 14,000 workers by the end of the decade without using costly severance packages, as the brand seeks to save 3 billion euros in domestic labor costs to help offset the costs...
Foreign exchange rates and spiraling costs hammered profits at Toyota, derailing the automaker from a third-straight year of record results and spurring President Akio Toyoda to warn of an impending "sense of crisis."
Foreign exchange rates and spiraling costs hammered profits at Toyota, derailing the automaker from a third-straight year of record results and spurring President Akio Toyoda to warn of an impending "sense of crisis."
BMW is not above using a little humor to spread the word about its new M performance sub-brand website.
Ford's board is turning up the pressure on CEO Mark Fields to better explain the company's fading fortunes and his plan to turn things around, reports said.
Daimler dropped plans to seek U.S. approval to sell 2017 Mercedes-Benz diesel models, but has not decided whether to exit the American passenger diesel market.
Automotive supplier Roush Industries has opened an engineering center in suburban Detriot that will create about 150 jobs, mostly in engineering and data science.
Location is everything in the real-estate biz, so it's not entirely surprising that a map changed former developer Donald Trump's mind.
BMW plans to raise its annual production capacity by about 27 percent to 3 million vehicles by 2020 and plans to build its X5 offroader in China, German daily Handelsblatt reported.
Tesla's rush to produce the Model 3 has a subplot that shows how much the company's ambitions depend on German expertise -- and why German automakers are confident they can match anything Tesla throws at them.
Russia's fledgling market recovery may turn into a rapid turnaround says one analyst - but only on condition several economic stars align.
General Motors plans only minor changes to the interior of the Chevrolet Silverado as part of the redesign coming next year, according to pictures of a test vehicle being driven on Detroit-area roads recently.
Hertz lost almost twice as much as expected in the CEO's first quarter at the helm as rental prices tumbled and the company's fleet took a hit from falling used-car values.
Troubled Mitsubishi Motors Corporation (MMC) has reported that its fiscal year 2016 (year ended March 31, 2017) result was a net loss of 198.5 billion yen, compared to prior year's profit of 72.6 billion yen.
Valeo, which recently posted strong first quarter financial results, is targeting the Chinese auto sector for future growth.
As pressures to improve air quality intensify, it is becoming harder for automakers to find new, affordable ways to improve fuel economy through established measures such as engine downsizing. Not yet high on the industry agenda but of growing importance, sustainability in fast-growing new markets must also be addressed. Continuing QUBE/just-auto's series of interviews, we spoke to Dr Oliver Taylor about a new approach to engine lubrication that could address both issues. Dr Taylor is chief engineer with Nexcel, an innovation business within BP's Castrol subsidiary.
In cooperation with sales partner Fahrzeug-Werke LUEG AG, Mercedes-Benz Van Sales Germany is starting an innovative and completely new operator programme at the parking area connected to the recently inaugurated Amazon Logistics Distribution Centre in Bochum.
Gestamp has has recorded first quarter net profit up 33% to EUR55m (US$60m) with revenues rising 16.1% to EUR2.1bn (US$2.3bn).
Zwickau-Mosel has been named by Volkswagen as the production location for not only its I.D. electric car but three other EVs. All will use the MEB architecture.
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