The VW brand needs higher profits to be able to finance its future, VW Group CEO Herbert Diess told the automaker's staff magazine.
New vehicle sales in Vietnam fell by 7.4% to 19,213 units in August from already weak year earlier sales of 20,746 units, according to member data released by the Vietnam Automotive Manufacturers Association (VAMA).
PSA is targeting 800,000 used-car sales by 2021 as part of its "Push to Pass" strategic plan.
Opinion
12 Sep, 2018
With the Focus back to its best, Ford has shown that it’s capable of much more, writes Jonathan Burn
British Prime Minister, Theresa May has unveiled a GBP106m (US$138m) package for projects developing green battery, vehicle and refuelling technologies at the UK's first Zero Emission Vehicle (ZEV) Summit.
News
12 Sep, 2018
Plug-in version of new range-topping C5 Aircross SUV will arrive on sale next year with 222bhp
Daimler has unveiled its Vision Urbanetic concept which, it claimed, "answers the questions of future urban mobility" as an autonomous driving platform which can be fitted either with a cargo module or with a 'people-mover' module.
Three years after admitting to cheating diesel-emissions tests, Volkswagen is still struggling to escape the scandal as it faces another wave of claims from investors and customers. Current and former executives remain under investigation.
In the latest new video to top our viral video charts, Mercedes-Benz shows off the all-electric EQC.
The redesigned, 2020 Mercedes GLE midsize luxury crossover features a longer wheelbase, roomier interior, a range of engines, a high-tech all-wheel drive system and suite of semi-autonomous technologies.
The new Mercedes GLE midsize SUV has a longer wheelbase, roomier interior, a range of engines, a high-tech all-wheel drive system and suite of semi-autonomous technologies.
Federal regulators have rejected Wells Fargo's plan to repay customers who were pushed into unnecessary auto insurance, telling the bank it must do more to ensure it has found and compensated every affected driver, three sources familiar with the...
Don Panoz, chairman of DeltaWing Technology Group, a designer of high-end sports cars and race team owner, who made millions in pharmaceuticals before jumping into the business of cars and racing, died Tuesday. He was 83.
Nissan believes it can buck a prolonged industry decline in sedan sales by stuffing the next-generation Altima with advanced technology.
Dealerships in the Carolinas and beyond spent Tuesday securing inventory and sending employees home as they prepared to close in the face of Hurricane Florence's path toward the mid-Atlantic region.
General Motors will recall 210,628 vehicles in the U.S. and 19,385 vehicles in Canada because of issues with the brake system that could increase the risk of a crash.
A U.S. regulator said it would launch an investigation into an off-road utility vehicle produced by Mahindra and Mahindra following a complaint by FCA that it infringed upon Jeep's design.
A U.S. regulator said it would launch an investigation into an off-road utility vehicle produced by Mahindra and Mahindra following a complaint by FCA that it infringed upon Jeep's design.
Mazda's upgraded MX-5 is now being rolled out in its most important European market, the UK.
Politics and government oversight aside, for automakers and suppliers it's still business as usual in raising the fuel efficiency of cars and light trucks.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up