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Cost squeeze helps VW brand back to profit after diesel debacle
Cost squeeze helps VW brand back to profit after diesel debacle
Volkswagen's mass-market VW brand returned to profit in the first quarter, in a sign deep cost cutting is starting to revive the business at the heart of the German carmaker's emissions test cheating scandal.
Sodecia buys 40 acres in east-end industrial park, next to soon-to-open tech research centre
Sodecia buys 40 acres in east-end industrial park, next to soon-to-open tech research centre
A London parts maker plans to grow into a massive new plant, adding production and, industry observers say, likely jobs to the city's booming auto sector. Sodecia has bought 40 acres of land in an east-end industrial park, with plans for a new plan...
What BMW's car of the future says about its business
What BMW's car of the future says about its business
Concept cars, by design, are meant to showcase futuristic technology and unconventional ideas; they're not production-ready vehicles built for today's customer. And BMW's Vision Next 100 concept car — introduced in Munich to kick off ...
Mitsubishi Heavy to keep car stake amid fuel-testing crisis
Mitsubishi Heavy to keep car stake amid fuel-testing crisis
Mitsubishi Heavy Industries, currently the biggest shareholder in Mitsubishi Motors, will hold onto its stake in the automaker that Carlos Ghosn is seeking to turn around following a fuel-economy test scandal.