American Axle and Manufacturing Holdings Inc.'s auditors are warning the auto supplier may go out of business because of pressure on its main customers, General Motors and Chrysler LLC.
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American Axle and Manufacturing Holdings Inc.'s auditors are warning the auto supplier may go out of business because of pressure on its main customers, General Motors and Chrysler LLC.
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When even the mighty Toyota is popping out numbers that show 2008 as a year of red ink, it would have been rude to do anything other than show up for Audi's triumphal 2008 results conference in Ingolstadt this week.
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Audi's Hungarian unit plans to stop production for three weeks in August to save jobs in the face of falling demand.
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James Muir, 50, is to become Chairman of the Board of Management of SEAT, S.A. (Martorell) with effect from 1 September 2009. He will succeed Erich Schmitt, 62, who joined SEAT from Audi in 2006.
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James Muir, 50, is to become Chairman of the Board of Management of SEAT, S.A. (Martorell) with effect from 1 September 2009. He will succeed Erich Schmitt, 62, who joined SEAT from Audi in 2006.
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German premium carmaker Audi's Hungarian unit plans to stop production for three weeks in August to save jobs in the face of falling demand, daily newspaper Nepszabadsag said today.
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German premium carmaker Audi's Hungarian unit plans to stop production for three weeks in August to save jobs in the face of falling demand, daily newspaper Nepszabadsag said today.
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Audi is the last member of the "Other Big Three" to jump on the premium compact SUV bandwagon. As one of the segment pioneers, BMW is already firmly established with the X3, while Mercedes-Benz is counterattacking since January with the new GLK-Class. Outside of the German hotbed, the competition includes the Land Rover LR2, Lexus RX, Acura RDX, Infiniti EX and upcoming Volvo XC60.
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Audi expects to sell about 900,000 vehicles worldwide this year, a 10 percent decline from a record 2008. But a batch of new vehicles should help buffer the U.S. market, says Audi AG CEO Rupert Stadler. "Currently we expect the U.S.
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Audi expects to sell about 900,000 vehicles worldwide this year, a 10 percent decline from a record 2008. But a batch of new vehicles should help buffer the U.S. market, says Audi AG CEO Rupert Stadler. "Currently we expect the U.S.
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Audi Group has said that it ended the 2008 fiscal year with record breaking figures for production, vehicle deliveries, revenue and profit.
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Audi expects to mark its centennial birthday with its first annual sales drop in 14 years as manufacturers grapple with an ever-deepening crisis in global car markets.
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Audi expects to mark its centennial birthday with its first annual sales drop in 14 years as manufacturers grapple with an ever-deepening crisis in global car markets.
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Volkswagen's premium brand Audi plans to cut its manufacturing costs and slash investments this year to buffer a forecast 10 percent decline in volumes, its chief financial officer said on Tuesday.
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Audi AG has developed a "second" generation diesel racing sports car and aims to win the legendary 24 Hours of Le Mans with the all-new Audi R15 TDI.
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Audi AG has developed a "second" generation diesel racing sports car and aims to win the legendary 24 Hours of Le Mans with the all-new Audi R15 TDI.
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Audi is considering a North American comeback for its allroad quattro, an all-wheel-drive wagon with extra performance features that it dropped in 2005.
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Canada said today it is reviewing General Motors of Canada's bid for government aid very closely after auditors for the U.S. parent said they doubted the company's ability to survive outside bankruptcy.
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