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  • Newswire

    UPDATE 2-VW cancels night shifts amid Golf production problems  

    * Sunday shifts at largest factory cancelled -VW * Company cancels extra shifts amid production glitches * Wolfsburg to miss production target of 850,000 -sources (Adds comments from VW, works council) FRANKFURT, Sept 3 (Reuters) - Volkswagen has agreed with German labour representatives to cut back on night shifts at Wolfsburg, it said on Wednesday, as it seeks to root out glitches that have stifled output of Golf cars at its largest plant....More
  • Newswire

    Audi CEO Says 2014 Sales to Top 1.7 Million  

    Rupert Stadler, chief executive of the Volkswagen-owned premium automaker, says developed economies outperformed most developing markets in driving sales over the year's first seven months....More
  • Newswire

    Palmer Exits Nissan for Aston Martin CEO Job  

    The 51-year-old Palmer will head the low-volume U.K. sports car maker after serving as CEO of Nissan's Infiniti luxury division....More
  • Newswire

    Audi Issues Globall Recall of 70,000 Cars  

    The German luxury brand says the recall covers 3.0L diesel-engine-equipped A4, A5, A6 and A7 models with potentially defective brake boosters....More
  • Newswire

    JV With Ford Cuts Russian Automaker Sollers's Profit  

    The Russian automaker says its first-half net profit plunged to $7 million, compared with $45.7 million year-ago, mainly because its 50-50 joint venture with Ford posted a net loss of $91 million....More
  • Newswire

    Fiat Confident Chrysler Merger Will Go Through  

    The Italian automaker says it does not expect its stockholder share-buyout plan to raise enough money to jeopardize completion of the merger....More
  • Newswire

    AvtoVAZ CEO Announces Lada Price Freeze  

    AvtoVAZ's Bo Andersson says Russia's No.1 automaker has no plans to raise prices as sales continue declining....More
  • Newswire

    Russia's Troubles Not Slowing Renault  

    The French automaker, which recently increased its stake in Russian automaker AvtoVAZ, would benefit from possible government subsidies that would stabilize demand....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

    Russian Automaker AVTOvaz to Cut Lada Output  

    Russia's leading automaker cites a deteriorating domestic market as it plans to cut 25,000 units of its top-selling Lada model from its production schedule for the next three months....More
  • Newswire

    Top-End German Automakers Waging Price War  

    BMW, Audi and Mercedes-Benz have relied on heavy discounting in their fight for sales supremacy, but industry-watchers say the automakers are sacrificing exclusivity and brand equity....More
  • Newswire

    GM Russia Plant Scales Back Production  

    As vehicle sales in the country continue their tailspin, the automaker will operate its St. Petersburg assembly plant only four days in August, four in September and eight in October....More

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