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  • Newswire

    UPDATE 1-Mercedes-Benz exec says not aware of any price probe in China  

    (Recasts with quotes from executive, spokesman) SHANGHAI, July 22 (Reuters) - A China executive at Daimler AG's Mercedes-Benz said he was not unaware that the company was under any government probe into spare part prices. Local and foreign media reported last week that Mercedes-Benz as well as other foreign car makers were being probed by the National Development and Reform Commission (NDRC), the country's price regulator, for possibly over-charging customers in China....More
  • Newswire

    Top GM Lawyer, Delphi CEO to Face U.S. Senate on Ignition Defect  

    GM general counsel Michael Milliken likely will be asked about his department's handling of private lawsuits filed over crashes involving the defective switches, while Delphi CEO Rodney O'Neal is to testify about his company's production of the parts....More
  • Newswire

    EU Investigates Hungarian State Aid for Audi  

    The European Union's executive body is investigating whether the Hungarian government complied with EC rules in granting aid to the German automaker....More
  • Newswire

    China Halting Sales Tax on Eco-Friendly Cars  

    The government will stop collecting sales taxes on approved models of electric, hybrid and fuel-cell cars from Sept. 1 through the end of 2017 in a bit to reduce air pollution....More
  • Newswire

    China Approves 2 More Volkswagen Plants  

    Sources say the German automaker will build new factories in Tianjin and Qingdao, and plans to expand production capacity at its Chengdu plant to 600,000 units a year....More
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