Audi to eliminate 10% of management as it cuts cost
Audi plans to eliminate one layer of management or about 10 percent of the division's executive positions in a cost cutting drive, the unit's...
Bugatti to unveil $18 million special edition named after former VW chairman
When it comes to conspicuous consumption, Bugatti is always leader of the pack at the Geneva auto show.
This year it is marking 110 years of...
External committee against Renault chairman being named Nissan's head
An external committee tasked by Nissan to help improve corporate governance at the automaker is opposed to the idea of Renault's chairman, Jean-Dominique Senard,...
Tesla general counsel quits, returns to his legal practice
Tesla is losing the general counsel hired in the wake of Elon Musk’s run-in with U.S. securities regulators after just two months on the...
Honda closes factory in Tokyo due to collapsing market
Honda is closing its factory in Turkey as the country’s new-car sales collapse.
Vehicle sales in Turkey dropped 35 percent last year to 612,607 as...
South Korea Prosecutors raids Hyundai's office in recall probe
South Korean prosecutors on Wednesday raided the office of Hyundai Motor Co.'s quality division in Seoul as part of a probe into how the...
Nissan committee to recommend appointment of external director, report says
A Nissan governance committee will recommend the appointment of an external director as board chairman, a role distinct from company chairman, in a move...
Honda to close down car plant in Britain, 3,500 jobs at risk
Honda has confirmed it will close its Swindon car plant in 2021, with the loss of about 3,500 jobs.
The Japanese company builds 150,000 Honda...
Porsche informs customers of possible 10% hard Brexit price hike
Porsche's UK unit told customers they might have to pay as much as 10 percent more than expected if the country makes a hard...
Trump's anticipated tariffs put German automakers at most risk
The U.S. Commerce Department sent a report on Sunday to President Donald Trump that could unleash steep tariffs on imported cars and auto parts....
