Katrin Adt (46) is to be the new head of Smart product at Daimler.
Joyson Safety Systems, the Chinese-owned supplier that acquired the former Takata safety products business, said it appointed Guido Durrer as CEO.
News
22 Jun, 2018
American president’s tweet prompts fall in value of European car companies' shares, with BMW shares down 2%
The European Union's retaliatory tariffs on products from the United States came into force on Friday, the latest shots fired in what increasingly looks like a global trade war.
President Trump threatened to impose a 20 percent tariff on all European Union-assembled cars exported to the United States after the EU imposed more than $3 billion in levies on American goods.
Renault absorbing Nissan and Mitsubishi is not an option as the automakers look to strengthen their partnership while retaining their autonomy, alliance chairman Carlos Ghosn said.
Audi is paying more than 1.5 million euros ($1.74 million) in severance pay to an engineer caught up in its diesel-cheating scandal, a German media report said.
Volkswagen is increasing its stake in the California technology company QuantumScape Corporation and forming a new joint venture to commercialise solid-state battery technology by 2025.
News
22 Jun, 2018
Italian firm’s restoration team restores the only Miura SVR ever made to its original specification
Germany's most prestigious automaker awards will go to no one this year as manufacturers reel from the latest turns in a diesel-emissions scandal plaguing the industry.
Daimler executive Karen Adt will become the head of the Smart brand, succeeding Annette Winkler, who is stepping down after eight years running the brand.
Daimler executive Karen Adt will become the head of the Smart brand, succeeding Annette Winkler.
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.
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