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  • Newswire

    UPDATE 1-VW keeps profit outlook after record earnings  

    * VW keeps 5.5-6.5 pct EBIT margin target * But "no guarantee" that 2015 will be success -CFO * Shares down 2.3 percent (Adds comments from CFO, analyst and detail) BERLIN, Feb 27 (Reuters) - Volkswagen stuck to its guidance for operating profit even after making record earnings last year, saying geopolitical risks and falling demand in key markets may weigh on business....More
  • Newswire

    GM Drops Thai Sonic Assembly in SE Asia Restructuring  

    The automaker's announcement that it will halt production of Chevrolet Sonic subcompacts in Thailand comes one day after saying it will close an Indonesian factory that builds the Chevrolet Spin....More
  • Newswire

    Auto Supplier Visteon's Q4 Revenues Up 21%  

    The supplier says higher sales of its air conditioners in Asia and Europe, where auto production is increasing, contributed to the increase in fourth-quarter revenues....More
  • Newswire

    GM Shutting Down Indonesia Assembly Operation  

    The automaker is shutting down assembly operations in the country after some 80 years, conceding Southeast Asia's biggest market to Japanese rivals led by Toyota....More
  • Newswire

    VW CEO Tabs BMW, Daimler Executives As Potential Successors  

    Chief Executive Martin Winterkorn lists Daimler's Andreas Renschler and BMW's Herbert Diess among the executives who might succeed him, but adds there are internal candidates as well....More
  • Newswire

    Daimler Labor Leader Suggests Rethinking U.S. Expansion  

    Michael Brecht says the automaker should reconsider moving some production of Sprinter vans from Germany to North America, as the euro's weakness against the dollar has made European factories more productive....More

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