Volkswagen AG’s luxury unit Audi stated on Tuesday that it was recalling 1.16 million vehicles globally due to concerns that an electric coolant pump could overheat or short-circuit due to
Volkswagen AG’s luxury unit Audi stated on Tuesday that it was recalling 1.16 million vehicles globally due to concerns that an electric coolant pump could overheat or short-circuit due to
Volkswagen trumpeted a good start to this year at the Beijing auto show on Tuesday and described spending plans for electric vehicle and autonomous driving ventures in the country. The
PSA Group posted a 42 percent boost in first-quarter revenue, raised by its acquisition of Opel-Vauxhall. Group revenue increased to 18.18 billion euros ($22.2 billion), the parent of Peugeot and
U.S. activist hedge fund Elliott Management rejected Hyundai Motor Group’s restructuring plan as insufficient on Monday and called on the South Korean conglomerate to embrace a holding company plan and
Hyundai Motor stated it would keep communicating with shareholders and investors, including Elliott Management, regarding its proposed restructuring plan. “Hyundai Motor Group will keep communicating with shareholders and investors across
The German state of Thuringia is ready to offer help to automaker Opel for keeping the region’s Eisenach plant open, state premier Bodo Ramelow informed Reuters on Monday. The state
General Motors’ South Korean unit dropped their plan of filing for bankruptcy following winning concessions on pay, bonuses and advantages from its labor union in a tentative deal reached on
Ford Motor stated on Saturday it will take bids on a number of its advertising managed by WPP, adding to uncertainty around the British ad giant after exit of founder
German prosecutors may extend an investigation into auto supplier Robert Bosch for its suspected association in emissions test cheating to include dealings with Fiat, Ford, General Motors and Hyundai, according
Nissan Motor is going to slash hundreds of jobs at its Sunderland plant, that is also Britain’s biggest automotive factory. The automaker is tackling the decreasing demand for diesel models





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