Not a good week for Audi CEO Rupert Stadler whose plans for this week were interrupted somewhat in the early hours of Monday with a knock on his Ingolstadt door followed swiftly by arrest. With top ranking VW Group executives seemingly untouchable since the diesel emissions cheating scandal broke almost three years ago, Stadler's arrest was a bit of a surprise.
Over the past three decades, the global auto industry has gotten, well, more global. Manufacturers built scores of factories outside their home countries to reduce exposure to currency swings.
Having recently renamed its Truck & Bus unit TRATON to increase independence and move it "towards capital market readiness", Volkswagen Group announced another structural realignment of its organisation so one lead brand assumes "steering responsibility" for a clearly defined region of the world across the group.
Tesla's move to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial transaction, Reuters reported.
Honda in the US says it has flipped the switch on a new solar energy system at the American Honda Motor Co., Inc. campus in Torrance, Calif., one of the largest solar arrays on a commercial building in Southern California.
ZF has announced it will team with Mobileye, an Intel company, to launch the S-Cam4 family of advanced cameras in 2018.
Groupe PSA's Rennes plant is preparing add a fourth shift to ramp up production of the Citroen C5 Aircross SUV, which will be brought to market at the end of 2018, while continuing to support the successful sales performance of the Peugeot 5008 SUV, which has exceeded 90,000 unit sales since it was launched in 2017.
International Automotive Components Group (IAC) has announced Manfred Gingl has been named chief executive officer (CEO) effective immediately. President Natale "Nat" Rea, who served as interim CEO, will continue to serve as president.
Volkswagen AG is handing responsibility for managing regions to its different brands as part of a strategic overhaul to decentralize power at the automaker.
Volkswagen Group is handing responsibility for managing regions to its different brands as part of a strategic overhaul to decentralize power at the automaker.
New Volkswagen Group CEO Herbert Diess has made a visit to Israel that is seen as politically significant - given the company's history - as well as commercially beneficial due to the increasing presence of Israeli companies in advanced automotive technologies.
Chery Jaguar Land Rover Automotive (CJLR) is about to put its Changshu Plant Phase II into operation. Phase II will add 70,000 units to annual capacity. The Jaguar E-Pace will be the first product of Phase II.
Just as President Trump is threatening tariffs on imported autos, GM plans to resurrect the Chevrolet Blazer -- this time as a sleeker crossover -- made in Mexico.
Aston Martin Lagonda has announced two important additions to its UK site operations.
General Motors' Brazil brand Chevrolet will launch 20 new models in the Mercosur trading bloc by 2022.
News
22 Jun, 2018
Smartphones will soon lock, unlock and start cars after VW, BMW, Hyundai, Apple, Samsung and LG develop new specifications
PSA, which operates well below production capacity in China, will lease one of its vehicle assembly plants in Wuhan to Nissan starting this year, according to a Chinese media report.
Police in Arizona said evidence showed the safety driver behind the wheel of a self-driving Uber was streaming a TV show on her phone before a fatal accident in March.
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