German police arrested the head of powertrain development, Joerg Kerner, at Volkswagen’s Porsche business and are holding him on remand as he is considered a flight risk, a person knowledgeable
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Volkswagen is open to purchasing a majority stake in U.S. truckmaker Navistar it stated on Monday, as the German automaker plans its trucks business for a possible stock market listing
Volkswagen stated it could list its trucks business as part of expansion strategies for the division, Andreas Renschler, head of the trucks business stated on Monday. “We want to achieve
Volkswagen is worried that a row between the United States and Russia concerning new sanctions imposed by the United States could hit collaboration with its Russian partner GAZ Group, Chief
Fiat Chrysler is working with its Chief Executive Sergio Marchionne to find his successor next year, the car group’s chairman John Elkann stated on Friday. Marchionne has said before he
Volkswagen’s new CEO Herbert Diess on Friday stated he will consider asset sales and seeks to turn the multi-brand conglomerate into a slimmed down company with strong brands. Speaking during
Britain’s biggest automaker Jaguar Land Rover will slash around 1,000 jobs and production at two of its factories in the region because of fall in sales caused by uncertainty around
Volkswagen’s new CEO Herbert Diess on Friday stated the car and truck maker is open to alliances in areas like autonomous driving vehicles. Discussing in Wolfsburg, Germany, at his first
Opel’s new CEO, Michael Lohscheller, has demanded concessions from labor unions to make the loss-making automaker more competitive, before what he said would be a decisive round of pay talks
Volkswagen brand chief Herbert Diess is going to head up a volume brands division which consists of responsibility for Skoda and Seat, two sources knowledgeable about the matter stated on
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