Chinese automaker Geely prepares to use a platform developed with input from Volvo Cars for creating new models in Malaysia for its partly owned Proton brand, a strategy that shows
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Free2Move, the car rental and car-sharing business developed by PSA Group, now has the capacity to begin to seek new outside investors, its chief executive Brigitte Courtehoux said. Started as
BMW expects to earn a profit this year if demand continues to recover, despite posting a record loss for its auto division in the second quarter after sales declined 25%
Ferrari has trimmed its full-year earnings forecast on Monday following the decline in second-quarter income of about 60% because of the impact of the coronavirus crisis but said orders were
Volkswagen’s Czech automaker Skoda Auto named VW’s South Africa boss Thomas Schaefer as its new chairman on Monday as part of a broader shake-up at the automaker. Schaefer is taking
Skoda Auto sees signs of recovery following first-half deliveries saw a 31% decline amid coronavirus lockdown measures, the Czech automaker owned by Volkswagen stated on Friday. The automaker, a bellwether
German automaker Volkswagen owned U.S. subsidiary on Thursday asked the Ninth Circuit U.S. Court of Appeals to reconsider a ruling which stated that two counties could seek financial penalties for
Automakers that once competed mostly over the power of their engines are now striving over a much less tangible sort of power as they race to develop automated automobiles –
Volkswagen reported a second-quarter operating loss on Thursday as vehicle deliveries declined by nearly a third because of the coronavirus crisis, forcing the German automaker to slash its dividend despite
Volkswagen on Thursday moved to turn down rumours that CEO Herbert Diess had been sidelined by issuing an unsolicited declaration of support, after clashes with the company’s labor leaders who
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