Volkswagen Truck & Bus on Friday selected mergers and acquisitions specialist Christian Schulz as its new finance chief, as the division looks to tap capital markets to fund an expansion
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Ford Motor and Daimler AG are winding down a joint venture established to develop automotive fuel cell technology, Ford stated on Wednesday, as both automakers prepare to take their concerning
The union that represents factory employees at the Detroit Three automakers elected regional director Gary Jones as its new president on Wednesday, before tough 2019 contract talks possible to coincide
Volkswagen has been fined one billion euros ($1.18 billion) concerning diesel emissions cheating in what totals to one of the highest ever fines imposed by German officials against a company,
Volkswagen’s new Chief Executive Herbert Diess stated the automaker was still attempting to overcome its emissions cheating scandal following the orders from German authorities that Wolfsburg-based company should pay a
The new CFO of General Motors General Motors stated on Wednesday Dhivya Suryadevara, presently vice president of corporate finance, is going to succeed Chuck Stevens on September 1 as chief
General Motors CEO Mary Barra stated on Tuesday the No. 1 U.S. automaker at present has no projects underway with ride-sharing company Lyft, where it is holding 9 percent stake.
Global deliveries by Volkswagen’s Czech automaker Skoda Auto increased 13.4 percent year-on-year in May, posting the best-ever result for the month due to double-digit expansion in China and Russia. Skoda
Nissan Motor stated on Wednesday it expects automobile sales in some markets to beat industry development, driven by nations including Saudi Arabia – important for the Japanese automaker that is
Volkswagen’s brand Skoda stated it might outsource some production to a contract manufacturer as the division seeks to reply to increasing demand. Currently grappling with stretched capacity at its Czech
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