In three cavernous former Royal Air Force hangars at an old airbase in Wales, luxury automaker Aston Martin is forging ahead with building of a new vehicle assembly plant. The
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The biggest threat to Volkswagen’s 2019 profit is possible tariffs from the United States, Chief Executive Herbert Diess informed the Financial Times. “It’s becoming tense once again,” Diess informed the
Volkswagen’s premium auto brand Audi prepares to remove one layer of management or about 10 percent of the division’s executive positions in a cost cutting drive, the unit’s chief executive
Credit rating agency Standard & Poor’s slashed its outlook on automaker Renault to “negative” from “stable”, citing wider challenges within the automotive sector that could affect its profits. “The negative
Sweden’s Volvo Cars has raised some 2 billion Swedish crowns ($215 million) in a bond issue just five months after the Chinese-owned carmaker terminated plans for a stock market flotation,
German prosecutors have started an investigation into Daimler for allegedly failing to avoid diesel emissions cheating, possibly resulting in a fine for the automaker, as its legal woes mount up
Tesla Inc stated on Wednesday its general counsel Dane Butswinkas is departing from the electric automaker just two months into the job, the recent in a string of top-level departures
British Prime Minister Theresa May stated Honda’s announcement that it would shut down its factory in England in 2021 was deeply disappointing, however could not be blamed on the nation’s
German automaker Volkswagen’s South African unit expects to produce a record number of automobiles this year regardless of slow domestic economy, power outages and looming discussion with union members, its
Carlos Ghosn’s new lawyer took aim at Nissan, prosecutors and courts on Wednesday, rejecting the charges against the former chairman as an internal company matter and saying Japan was out
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