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VW finance chief Poetsch proposed as next chairman

8:54 am U.S. ET | Sept. 3, 2015 | UPDATED: 9/3/15 10:05 am ET -- adds comments
Volkswagen Group's controlling parent company, Porsche Automobil Holding, said it has proposed Hans Dieter Poetsch as chairman of Volkswagen's supervisory board, a post that Ferdinand Piech quit earlier this year.

Mercedes is working on Tesla Model S fighter, r&d chief tells paper

6:08 am U.S. ET | Sept. 3, 2015
Mercedes-Benz is working on an electric car with a range of up to 311 miles that could compete with Tesla's Model S sedan, Thomas Weber, Mercedes' development chief, told a German auto magazine.

 
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Tesla will begin deliveries of Model X on Sept. 29

5:17 am U.S. ET | Sept. 3, 2015
Tesla will begin delivering its Model X electric crossover at the end of the month.

Lear buys downtown Detroit office building

10:16 am U.S. ET | Sept. 3, 2015
Seating and electronics suppler Lear has purchased a 50,000-square-foot building in downtown Detroit for an undisclosed price.

Alcoa plans new r&d center for advanced 3D printing processes

11:45 am U.S. ET | Sept. 3, 2015
Metals company Alcoa said today it will invest $60 million to expand its r&d center in Pennsylvania to explore ways to make 3D printing viable on an...

Bill Ford says health care co-op possible in UAW talks

12:42 pm U.S. ET | Sept. 2, 2015
Ford Motor Executive Chairman Bill Ford said the company is considering a health-care co-op, an issue the UAW has raised in negotiations on a new...

Nissan marketing exec Mohnke adds U.S. sales duties

11:50 am U.S. ET | Sept. 2, 2015
Nissan North America's chief marketing officer Dan Mohnke will add U.S.

Hyundai brings back Nissan's Hatami as U.S. sales chief

8:00 am U.S. ET | Sept. 2, 2015
Derrick Hatami, who left Hyundai last January to become U.S. sales chief at Nissan, will return to Hyundai to fill the company's new vacancy for a U.

VW plans to extend CEO Winterkorn's contract until 2018

4:02 am U.S. ET | Sept. 2, 2015
Volkswagen plans to extend the contract of CEO Martin Winterkorn until the end of 2018, a victory for the executive after he clashed with former...

Average U.S. new-vehicle mpg falls in August

2:13 pm U.S. ET | Sept. 2, 2015
The average stated fuel economy of new light vehicles sold in the United States fell in August and is down nearly 2 percent from the record high set...

German carmakers win U.S. antitrust approval to buy Nokia maps

12:14 pm U.S. ET | Sept. 2, 2015
German carmakers BMW, Audi and Mercedes have won U.S. antitrust approval to buy Nokia's maps business for around 2.5 billion euros ($2.

Former Saab CEO charged with giving false testimony

10:44 am U.S. ET | Sept. 2, 2015
Former Saab Automobile CEO Jan Ake Jonsson was charged with giving false testimony when the aftermath of the Swedish automaker's bankruptcy played...

Chinese supplier CW Bearing to build new U.S. headquarters near Detroit

6:50 am U.S. ET | Sept. 2, 2015
CW Bearing USA will invest $25.9 million to build a new U.S. headquarters and technical center in suburban Detroit, Michigan Gov.

Navistar reports a surprise Q3 loss amid U.S. investigation

2:52 pm U.S. ET | Sept. 2, 2015
Navistar International, the truck- and engine-maker that counts Carl Icahn as its biggest investor, posted a slight third-quarter loss when analysts...

GM expects to be profitable in India in 5 years

6:53 am U.S. ET | Sept. 2, 2015
General Motors expects to be profitable in India in five years as it cuts costs and works toward increasing local content in its cars, the...

2015 FRANKFURT AUTO SHOW

Mercedes S-class cabrio will bow in Frankfurt

6:15 pm U.S. ET | Sept. 1, 2015
Mercedes-Benz is adding a fourth convertible to its North American lineup: the S class.

U.S. drops estimates for vehicles equipped with defective Takata airbags by 36%

4:16 pm U.S. ET | Sept. 1, 2015
U.S. auto safety regulators now believe about 19.2 million U.S.

Hyundai's U.S. sales chief Pradzinski departs abruptly

1:09 pm U.S. ET | Sept. 1, 2015
Bob Pradzinski, the No. 2 sales executive at Hyundai Motor America behind CEO Dave Zuchowski, has left the company, Hyundai said today.

First Tesla Model X buyers now picking colors, 'Ludicrous Mode'

12:29 pm U.S. ET | Sept. 1, 2015
The first customers who reserved Tesla's Model X all-electric SUV have been alerted that, at long last, they can choose their paint color, wheel size...

FCA recalls 206,668 2014 Jeep Cherokees to fix windshield wiper defect

11:35 am U.S. ET | Sept. 1, 2015
Fiat Chrysler Automobiles is recalling 206,668 2014 Jeep Cherokee SUVs because of a defect that could cause windshield wipers to stop working.

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