Audi’s Hungarian unit will spend 120 billion forints ($320.2 million) to increase electric engine production at its factory located in western Hungary, Foreign Minister Peter Szijjarto said on Tuesday. Szijjarto
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Volkswagen AG and its unit Porsche AG agreed to a class-action settlement worth at least $80 million to resolve claims it skewed emissions and fuel economy information on 500,000 Porsche
Ferrari named former jewelry executive Carla Liuni as its new chief brand officer on Monday. Liuni’s appointment is the recent move in a management reshuffle announced earlier this year by
The former Hollywood movie producer Harvey Weinstein, currently serving prison time after being convicted of rape and criminal sexual act, on Tuesday sued the U.S. business of Fiat Chrysler Automobiles
Volkswagen prepares to continue operations at its plant located in Xinjiang, China despite reports of human rights violations there, CEO Herbert Diess said according to the Handelsblatt newspaper on Monday.
Germany’s Economy Ministry is declining to provide automaker Volkswagen with guarantees to cover new investments in China due to the concerns over human rights, Der Spiegel reported on Friday. The magazine
Volkswagen AG is exploring a partnership to provide electric components to Indian automaker Mahindra and Mahindra, the automakers said on Thursday. Both automakers are evaluating the scope of the collaboration
Renault revealed a prototype hydrogen fuel cell-powered sports utility vehicle (SUV) on Thursday, as the French automaker scrambles to catch up with competitors in the race to cleaner driving. The
Renault is set to sell its majority stake in Russian automaker Avtovaz to a Russian science institute, the French automaker said on Monday, adding that the deal consists of a
Renault said on Thursday that the two business units that would emerge from its planned separation of electric and conventional car production could both employ 10,000 staff by 2023. Renault
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