Union representatives at Volkswagen-owned Skoda Auto stated on Friday they had accepted management’s offer to increase wages by 12 percent, averting a strike at one of the largest manufacturing plants
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South Korea on Friday prompted General Motors’s local subsidiary and labor union to gain a wage deal swiftly, adding the government will be able to talk about support for the
Fiat Chrysler stated on Thursday its board had tasked management to proceed with spinning off Magneti Marelli and issuing shares in a new holding for 99-year old parts business to
A major European automaker could be brought “to its knees” by carbon dioxide emissions fines, permitting a Chinese purchaser to intervene with its own electric vehicle technology, Peugeot maker PSA
South Korea has designated the city of Gunsan an ‘industrial crisis zone’, extending its support for the area after plans by General Motors to close a plant as well as
Ford Motor on Wednesday stated it supported the U.S. and Chinese governments to “work together to resolve” concerns after China retaliated against U.S. plans to impose tariffs with a list
A trade group representing U.S. auto parts makers stated on Wednesday it is in favor of stronger bilateral engagement between the United States and China and that tariffs were not
General Motors is going to stop producing its subcompact Chevrolet Sonic by as early 2019, the Wall Street Journal reported, mentioning people knowledgeable about the matter. While GM is also
Unions at Volkswagen’s Skoda Auto have withdrawn from a deal on flexible working shifts, they stated on Wednesday, increasing pressure on the Czech automaker as they look for a double-digit
South Korea’s Hyundai Motor Group stated on Wednesday it was “confident” its plan to streamline its governance structure would help shareholders, amid investor issues that the controlling family’s interests were
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