Magna International, Canada's largest parts maker, said co-CEO Siegfried Wolf will resign Nov. 15 to join an affiliate of Russia's GAZ Group. Donald Walker will become Magna's sole CEO.
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Magna International, Canada's largest parts maker, said Co-Chief Executive Officer Siegfried Wolf will resign Nov. 15 to join an affiliate of Russia's GAZ Group. Donald Walker will become Magna's sole CEO.
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Magna International, Canada's largest auto-parts maker, said Co-Chief Executive Officer Siegfried Wolf will resign Nov. 15 to join an affiliate of Russia's GAZ Group. Donald Walker will become Magna's sole CEO.
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For some reason, Monday turned out to be auto industry musical chairs day, led by a late-break (for us in Europe) confirmation from VW of a key new US executive.
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Nissan is recalling vehicles equipped with some Garmin Nuvi model navigation devices, saying the batteries in the units could overheat and cause a fire, the National Transportation Safety Commission said on its Web site.
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Growth of so-called mega-cities is leading automakers to come up with ever-more inventive ways of propelling us to to our destinations, with General Motors recently showcasing its EN-V concept car model in London.
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Geely, China's largest privately owned car maker, plans to sell cars specially designed for internet sales at Alibaba.com, the country's biggest online marketplace.
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Hyundai will build a third plant in China with capacity to make 400,000 vehicles a year to meet rising demand in the world's largest auto market.
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Fiat will expand its Serbian investment over the next two years with plans to produce another vehicle in the Balkan country. The model should debut at the Geneva auto show in 2012.
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Hyundai Motor said on Monday it had signed a deal with Chinese government officials to build a third plant in China with production capacity of 400,000 units per year.
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Faurecia says it has put in place a manual process to avoid a repetition of last week's North American plant incident, with a permanent solution due to take effect shortly
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A report due to be issued by the UK auto lobby group The Society of Motor Manufacturers and Traders (SMMT) this week will reveal levels of finance availability substantially lower than previously thought.
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Three years after its introduction at the 2007 Tokyo motor show, the Nissan GT-R still turns heads. Some subtle upgrades over the past couple of years have made it a bit more comfortable.
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COPY EDITOR CYNTHIA L. OROSCO: This Kia was a good ride during my overnight. I really like the exterior lines; this ute looks beefy but not menacingly so. You do feel the Sorento's heft on the road, but the drag isn't terrible.
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Vehicle sales in the Philippines increased 35.6% to 14,335 units in August, from 10,575 units a year earlier, according to data released by the Chamber of Automotive Manufacturers of the Philippines Inc (CAMPI).
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Volkswagen plans to announce a new U.S. chief today to replace Stefan Jacoby. Jonathan Browning, a former General Motors executive who joined VW in June, will be named CEO, a source said.
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Volkswagen plans to announce a new U.S. chief today to replace Stefan Jacoby. Jonathan Browning, a former General Motors executive who joined VW in June, will be named CEO, a source said.
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Jonathan Browning, the new head of Volkswagen AG's U.S. unit, vowed today to reconnect the brand once revered for the Microbus and Beetle with American consumers, enhance dealer relations and generate sustained U.S. profits.
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Volkswagen AG today named Jonathan Browning CEO of its U.S. unit, putting an end to a 2 1/2 month leadership vacuum. Browning, a former General Motors and Ford Motor executive who joined VW in June, will take over on Oct.
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