Restructuring http://wardsauto.com/taxonomy/term/53312/more en UPDATE 5-VW cuts 2016 capital spending plan as cheating scandal widens http://wardsauto.com/update-5-vw-cuts-2016-capital-spending-plan-cheating-scandal-widens <div class="node-body reuters_news-body"><p>* VW cuts 2016 capex plan to 12 bln euros from 13 bln</p> <p>* Says 75,000 more U.S. vehicles have excess emissions</p> <p>* Details of vehicle fixes provided to US regulators (Adds EPA saying VW provided initial proposal on vehicle fixes)</p> <p>By Andreas Cremer and David Shepardson</p> <p>WOLFSBURG, Germany/WASHINGTON, Nov 20 (Reuters) - Volkswagen AG cut 1 billion euros ($1.1 billion) from its 2016 investment plan on Friday, as its emissions cheating scandal expanded to include tens of thousands more U.S. vehicles.</p></div><p><a href="http://wardsauto.com/update-5-vw-cuts-2016-capital-spending-plan-cheating-scandal-widens" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Plants & Production Europe Industry Germany Miscellaneous Plants & Production Finance Restructuring Sat, 21 Nov 2015 00:55:30 +0000 1407151 at http://wardsauto.com India's Mahindra Nearer to Pininfarina Acquisition http://wardsauto.com/indias-mahindra-nearer-pininfarina-acquisition <div class="node-body reuters_news-body">The Italian design studio, whose clients have included Ferrari, Maserati and Rolls-Royce, says it expects to reach a deal to be acquired by the Indian conglomerate in coming weeks.</div><p><a href="http://wardsauto.com/indias-mahindra-nearer-pininfarina-acquisition" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Asia Pacific Europe Vehicles & Technology Industry India Italy Technology Miscellaneous Exterior Finance Restructuring Thu, 12 Nov 2015 18:11:00 +0000 1399941 at http://wardsauto.com VW Ex-CEO Winterkorn Steps Down as Audi Chair http://wardsauto.com/vw-ex-ceo-winterkorn-steps-down-audi-chair <div class="node-body reuters_news-body">Martin Winterkorn resigned as Volkswagen CEO last month as the scandal over falsified emissions-test results unfolded, then quit Wednesday as Audi chief after similar allegations against the VW luxury brand surfaced. </div><p><a href="http://wardsauto.com/vw-ex-ceo-winterkorn-steps-down-audi-chair" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Europe Industry Germany Miscellaneous Labor & Human Resources Restructuring Thu, 12 Nov 2015 08:13:00 +0000 1399261 at http://wardsauto.com Hyundai’s Genesis Brand Puts Bentley Designer at Helm http://wardsauto.com/industry/hyundai-s-genesis-brand-puts-bentley-designer-helm <div class="node-body article-body">The charismatic and feisty designer who slammed the Lincoln Continental as an apparent Bentley knockoff, Luc Donckerwolke also was responsible for the Audi R8 Le Mans and Lamborghini Murcielago.</div> <p><a href="http://wardsauto.com/industry/hyundai-s-genesis-brand-puts-bentley-designer-helm" target="_blank">read more</a></p> http://wardsauto.com/industry/hyundai-s-genesis-brand-puts-bentley-designer-helm#comments Public Auto Makers Management & Strategy Sales & Marketing Asia Pacific Industry South Korea Miscellaneous Hyundai Sales & Marketing Product Development Restructuring Wed, 04 Nov 2015 19:09:00 +0000 1391851 at http://wardsauto.com <p><strong>Hyundai Vice Chairman Euisun Chung announces launch of Genesis luxury marque.</strong></p> New EPA Discovery Further Dents VW’s Credibility http://wardsauto.com/industry/new-epa-discovery-further-dents-vw-s-credibility <div class="node-body article-body">The latest round of vehicles uncovered during recently heightened federal test activity of VW vehicles would add thousands of units to an expected recall by the automaker.</div> <p><a href="http://wardsauto.com/industry/new-epa-discovery-further-dents-vw-s-credibility" target="_blank">read more</a></p> http://wardsauto.com/industry/new-epa-discovery-further-dents-vw-s-credibility#comments Public Auto Makers Management & Strategy Politics Vehicles & Technology North America Industry Engines Diesel U.S. Technology Miscellaneous Audi Porsche Volkswagen Politics California Air Resources Board (CARB) Diesel Emissions Environmental Protection Agency (EPA) Laws/Law Enforcement Restructuring Turbocharger Mon, 02 Nov 2015 19:59:00 +0000 1388831 at http://wardsauto.com <p><strong>Audi A7, Q5 3.0L TDI V-6 now implicated in VW emissions-cheating scandal.</strong></p> Volkswagen Hires Opel's Ex-CEO http://wardsauto.com/volkswagen-hires-opels-ex-ceo <div class="node-body reuters_news-body">Thomas Sedran was interim CEO at the General Motors subsidiary in 2012-2013 and headed its Chevrolet and Cadillac brands in Europe until June.</div><p><a href="http://wardsauto.com/volkswagen-hires-opels-ex-ceo" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Europe Europe - Regional Industry Miscellaneous Labor & Human Resources Restructuring Mon, 26 Oct 2015 12:20:00 +0000 1381121 at http://wardsauto.com VW Faces Uphill Slog in Emissions Recall http://wardsauto.com/industry/vw-faces-uphill-slog-emissions-recall <div class="node-body article-body">Legally, experts say, VW has few levers to pull. Unless a state requires annual emissions inspections, owners are free to keep their TDIs as-is.</div> <p><a href="http://wardsauto.com/industry/vw-faces-uphill-slog-emissions-recall" target="_blank">read more</a></p> http://wardsauto.com/industry/vw-faces-uphill-slog-emissions-recall#comments Public Auto Makers Management & Strategy Politics Vehicles & Technology North America Industry Engines Diesel U.S. Technology Miscellaneous Audi Volkswagen Politics California Air Resources Board (CARB) Diesel Emissions Environmental Protection Agency (EPA) Laws/Law Enforcement Product Development Restructuring Fri, 16 Oct 2015 10:54:00 +0000 1372671 at http://wardsauto.com <p><strong>Owners relish Volkswagen 2.0L 4-cyl. turbodiesel.</strong></p> VW Confirms Phaeton EV, Revises Future Strategy http://wardsauto.com/miscellaneous/vw-confirms-phaeton-ev-revises-future-strategy <div class="field-byline"> Greg Kable </div> <div class="node-body article-body">Meant to battle the high-profile Tesla Model S, the Phaeton EV forms the point of sweeping strategic changes revealed by VW brand CEO Herbert Diess.</div> <p><a href="http://wardsauto.com/miscellaneous/vw-confirms-phaeton-ev-revises-future-strategy" target="_blank">read more</a></p> http://wardsauto.com/miscellaneous/vw-confirms-phaeton-ev-revises-future-strategy#comments Public Auto Makers Management & Strategy Europe Vehicles & Technology Industry Alternative (EVs, HEVs, FCVs) Engines Diesel Germany Technology Miscellaneous Audi Volkswagen Diesel Electric Vehicles Flex-Fuel Vehicles Gasoline Hybrid Vehicles Product Development Restructuring Tue, 13 Oct 2015 14:16:00 +0000 1369891 at http://wardsauto.com <p><strong>Audi Q6 e-tron concept part of Volkswagen&rsquo;s new electrification strategy.</strong></p> Winterkorn Reported Quitting All VW Posts http://wardsauto.com/winterkorn-reported-quitting-all-vw-posts <div class="node-body reuters_news-body">German media report Winterkorn, who quit as CEO last month after VW admitted cheating on U.S. diesel-emissions tests, also will step down as CEO of Porsche and chairman of Audi.</div><p><a href="http://wardsauto.com/winterkorn-reported-quitting-all-vw-posts" target="_blank">read more</a></p> Public Gated Auto Makers Management & Strategy Europe Industry Germany Miscellaneous Labor & Human Resources Restructuring Mon, 12 Oct 2015 11:02:00 +0000 1368271 at http://wardsauto.com GM Begins Paying Price of Withdrawal From Russia http://wardsauto.com/miscellaneous/gm-begins-paying-price-withdrawal-russia <div class="node-body article-body">GM estimates the overall cost of closing its Russian business at $600 million, with a significant portion earmarked for reimbursing former dealers for their investments. But some dealers have filed lawsuits claiming the compensation is inadequate.</div> <p><a href="http://wardsauto.com/miscellaneous/gm-begins-paying-price-withdrawal-russia" target="_blank">read more</a></p> http://wardsauto.com/miscellaneous/gm-begins-paying-price-withdrawal-russia#comments Premium Auto Makers Management & Strategy Dealers Sales & Marketing Europe Industry Russia Dealer Miscellaneous Cadillac Chevrolet Opel/Vauxhall Sales & Marketing Dealership Management Finance Restructuring Fri, 09 Oct 2015 09:07:00 +0000 1366621 at http://wardsauto.com <p><strong>Russia left out of Opel reshuffle.</strong></p>