Finance

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  • Newswire

    Volkswagen, Domestics Plan Big India Investment  

    Volkswagen will join Indian automakers Tata, Bajaj and Mahindra & Mahindra in investing a total of $1.9 billion to expand production capacity in Mararashtra state....More
  • Newswire

    More Than 100 Death Claims Filed With GM Ignition-Switch Fund  

    A spokeswoman for Kenneth Feinberg, the attorney overseeing the automaker's compensation program, says claims for 107 fatalities allegedly linked to faulty ignition switches are among the 309 total claims submitted so far....More
  • Newswire

    Former Porsche Execs Face Trial Over VW Takeover Bid  

    A German appeals court rules former Porsche CEO Wendelin Wiedeking and ex-finance chief Holger Haerter can be tried for allegedly concealing a scheme to take over Volkswagen in 2008....More
  • Newswire

    Chinese Automaker Geely Says First-Half Profit Down 20%  

    Geely, a major domestic producer in the world's biggest automotive market, posted an RMB1.11 billion profit that beat analysts' forecasts despite a 29% drop in first-half sales compared with year-ago....More
  • Newswire

    Fuel Systems Cuts Revenue Forecast Amid Europe Slump  

    The New York-based company, whose products allow vehicles to run on propane and natural gas, says business is down in Europe, which accounts for about 40% of its revenues and is its largest market....More
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