Fiat Chrysler Automobiles NV stated on Tuesday it will slash almost 1,400 jobs at an Illinois assembly plant where it constructs the Jeep Cherokee sport utility vehicle. The Italian-American automaker
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French automaker PSA Group may start assembling Opel cars at its Russian plant located in Kaluga, the company stated on Tuesday, as it reintroduces the brand to the nation. As
Volkswagen on Tuesday stated it will release an entry-level JETTA brand in China in the third quarter in 2019, as a measure to grab first-time buyers in the world’s largest
Volkswagen shuffled management responsibilities at its main brand on Monday, freeing up CEO Herbert Diess to supervise the automaker’s radical strategy to mass produce electric vehicles. The German multi-brand car
Volkswagen could sell a smaller stake in its Traton trucks department than expected if markets are shaken by Brexit, two sources knowledgeable with the matter informed Reuters on Monday. The
Peugeot is the most recent major automaker to make a move in the electric vehicle sector. French automaker Peugeot has announced information about a 100 percent electric and zero emission
Munich prosecutors fined BMW 8.5 million euros ($9.65 million) for administrative failures after the German luxury automaker set up the wrong engine management software into 7,965 vehicles, resulting in higher
Former Renault and Nissan head Carlos Ghosn and his wife invited people to a $260,000 Carnival party in Brazil in 2018 and charged it to his employers, documents observed by
Fiat Chrysler Automobiles NV (FCA) has set an annual compensation target for CEO Mike Manley consisting of pay, cash and equity bonuses of $14 million, the automaker stated in a
Volkswagen cautioned on Friday of a tough year prior its preliminary yearly results were weighed down by currency effects and production bottlenecks caused by new emissions testing rules. The German
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