Volkswagen’s new chief executive has pledged to make the automaker “more honest” as it fights to recover from 2015’s diesel emissions scandal, but its wary investors asked for outside vetting
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Britain’s biggest automaker Jaguar Land Rover (JLR) is replacing its director for production as it preparation for its plants for an electrified future, the firm stated on Thursday. JLR runs
Shareholder adviser Hermes EOS stated on Wednesday it had recommended clients vote against the election of two candidates to the supervisory board of automaker Volkswagen and called for an evaluation
Volkswagen’s Czech division Skoda stated it will move some production of sport-utility vehicles (SUVs) to Germany to meet increasing demand for its models. Executives at Europe’s largest automotive group and
Volkswagen is in talks to establish a joint venture with China’s Didi Chuxing to manage part of the ride-hailing company’s fleet of vehicles and assist with development of “purpose-built” vehicles
Volkswagen expects productivity at its core autos brand to keep expanding in the months before because of cost cuts and full availability of higher-margin models launched in 2017. “We have
Volkswagen group’s second-quarter operating profit should compare with 2017’s level of 4.55 billion euros ($5.54 billion) at least, finance chief Frank Witter stated. Underlying profit in the April-to-June period should
German automaker BMW expects the pace of growth of its China sales to nearly halve this year, the firm’s chief executive stated on Wednesday, amid a broader slowdown in the
German luxury automaker Audi AG is looking to double China production with regional partner China FAW Group under five years, its chief executive stated on Wednesday, as worldwide automakers seek
Volkswagen AG’s luxury unit Audi stated on Tuesday that it was recalling 1.16 million vehicles globally due to concerns that an electric coolant pump could overheat or short-circuit due to
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