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Volkswagen will halt production of the Eos cabriolet in May or June 2015 as it sees a shift in customer preferences away from convertibles in general and retractable hardtops in...
by - February 25, 2015
Porsche is introducing a new navigation radio as part of its response to surging demand for a built-in device for classic sports cars. While the navigation radio features classic styling,...
by - February 25, 2015
PSA/Peugeot-Citroen posted EUR905 million in group operating income in 2014, a reversal from the EUR364 million in losses last year. It also managed to significantly trim its net loss to...
by - February 24, 2015
Volvo is aiming to sell 28,800 units of the redesigned XC90 crossover in a full year. Volvo is launching the XC90 in May and has regarded it as its rebirth....
by - February 24, 2015
Retired General Motors chief executive Dan Akerson believes that Apple Inc. should not venture into car-making and instead get more involved in auto electronics. “I think somebody is kind of...
by - February 24, 2015
Judge Robert Gerber of the United States Bankruptcy Court in Manhattan remarked that if General Motors did violate car owners' constitutional rights by concealing ignition-switch defects during its bankruptcy, he...
by - February 24, 2015
Dieter Zetsche will receive EUR8.36 million for his role as chief executive of Daimler AG in 2014, around 1.2 percent higher than he got in 2013 at EUR8.25 million. His...
by - February 24, 2015
Takata Corp. is facing a $14,000-a-day fine from the National Highway Traffic Safety Administration for its failure to "fully cooperate" with the agency’s probe into its exploding airbag inflators linked...
by - February 24, 2015
Jaguar Land Rover is considering opening a new production site in either Austria or Turkey as it bids to increase its capacity, according to a report by the Birmingham Post,...
by - February 23, 2015
General Motors has tapped Craig Glidden to succeed departing chief counsel Michael Millikin. Glidden was recently in charge of legal, communications, government-affairs and compliance functions at LyondellBasell Industries. Prior to...
by - February 23, 2015
Consumers in the United States are not so positive that gas prices in the country would remain low, according to a national survey by the Consumer Federation of America. The...
by - February 23, 2015
Workers at Japanese auto makers are asking for a bigger share of the companies’ projected JPY4 trillion ($33.6 billion) in annual profit, via a raise for the next fiscal year....
by - February 23, 2015
Ford Motor Co. has tapped John Casesa as its group vice president for global strategy, a newly created position that reports directly to chief executive Mark Fields. Casesa will sit...
by - February 23, 2015
Michael Bartsch has left Infiniti in the Americas to pursue other interests, the carmaker announced. He was tapped in 2013 by former Infiniti global president Johan de Nysschen from Porsche,...
by - February 22, 2015
Apple is reportedly is pushing its secret team to commence output of an electric vehicle as early as the end of the decade, people privy with the matter told Bloomberg....
by - February 22, 2015
Hyundai Motor Co. is planning to invest around $1.8 billion by the end of the decade to finance a major offensive in commercial vehicles as it bids to keep up...
by - February 21, 2015
Rolls-Royce Motor Cars is planning to develop an SUV, confirming hints made by chief executive Torsten Mueller-Oetvoes earlier this year. The carmaker announced the plans through letters delivered by white-gloved...
by - February 21, 2015
General Motors’ top executives, including chief executive Mary Barra, were awarded shares in the company as part of a long-term incentive plan, according to filings with the United States Securities...
by - February 20, 2015
Honda Motor Co. is not aiming anymore to sell 6 million vehicles annually by 2017, as the Japanese carmaker’s effort to achieve that target contributed to the quality lapses that...
by - February 20, 2015
Ford Motor Co. is now larger than General Motors, at least in terms of the number of workers it employs in the United States. Ten years ago, GM had about...
by - February 20, 2015
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