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  • FRANKFURT, Sept 3- Austrian Hans Dieter Poetsch, Volkswagen AG's finance chief faces a massive task in his future role as chairman- to maintain the support of the often divided stakeholders who have chosen to back him while improving the carmaker's profitability. Although Volkswagen Group has grown to become the world's largest carmaker it has proven to be one...

  • MOSCOW, Sept 3- U.S. carmaker Ford's Russian venture, Ford Sollers, opened a $275 million engine plant on Thursday, which will help make its Russian-produced vehicles less dependent on imported components and currency fluctuations. Ford does not currently make any engines in Russia. New car sales in Russia are forecast to drop 36 percent this year to 1.55 million,...

  • The Associated Press recently tried out both systems on a 2016 Honda Accord. "Anything that takes your attention away from the task of driving is not something you want to engage in," said Kathy Lane, a spokeswoman for the National Safety Council, a nonprofit organization created by Congress to promote safety. Neither system has been tested yet by the Insurance...

  • BERLIN— Volkswagen says its chief financial officer, Hans Dieter Poetsch, is set to become its new chairman— filling the position that longtime company patriarch Ferdinand Piech vacated in April. Berthold Huber, the acting chairman and previously Piech's deputy, praised Poetsch's "strategic vision, comprehensive knowledge of the automotive industry and...

  • BERLIN, Sept 3- Volkswagen's finance chief Hans Dieter Poetsch is set to become its next chairman, putting Europe's biggest carmaker on course for calmer waters after rival factions including ousted patriarch Ferdinand Piech united to back him. The company has been looking for a permanent successor to Piech, who was turfed out in April after clashing with...

  • French carmakers duel over Iran Thursday, 3 Sep 2015 | 1:30 AM ET

    *Renault takes aim at Peugeot in Iran. PARIS, Sept 3- France's PSA Peugeot Citroen, the biggest-selling European carmaker in pre-sanctions Iran, has hit a setback in its bid to reclaim that throne: domestic rival Renault. Now Renault plans to use $560 million of its cash that had been trapped in Iran to seize the advantage, after July's international deal to lift...

  • Electric car charging stations power up in Singapore Wednesday, 2 Sep 2015 | 11:43 PM ET
    Electric car charging stations power up in Singapore

    Khoo Lin-Zhuang, senior vice president at Greenlots, discusses the company's move to roll out more electric vehicle charging stations in Singapore.

  • SAN FRANCISCO, Sept 2- Tesla Motors Inc said on Wednesday it would begin delivering its first luxury electric crossovers, the Model X Signature series, on Sept. 29 to customers who have already reserved the sport utility vehicles. The premium-priced special version of the Model X, eagerly awaited since it was announced in early 2012, will be priced between...

  • Auto market: China vs. US Wednesday, 2 Sep 2015 | 3:15 PM ET
    Auto market: China vs US

    CNBC’s Mary Thompson takes a closer look at industry suppliers in the auto space as sales decline in China but rise in the U.S.

  • Honda's largest sport utility vehicle is bigger than ever on the inside, particularly in its third-row seats. The starting manufacturer's suggested retail price, including destination charge, for the 2016 Pilot is $30,875 for a base LX model with front-wheel drive. The lowest starting retail price, including destination charge, for an all-wheel drive Pilot...

  • STOCKHOLM, Sept 2- The former chief executive of carmaker Saab Automobile was charged on Wednesday with giving false testimony, as the aftermath of the Swedish company's bankruptcy played out in court. Jan Ake Jonsson was charged in a Swedish district court with giving false testimony over an import and wholesaler agreement in Ukraine in March 2011 when he was...

  • Gas is cheap, but Toyota still betting on hydrogen Wednesday, 2 Sep 2015 | 10:00 AM ET
    Toyota's Mirai is a hydrogen cell fuel based vehicle.

    Toyota is launching the hydrogen-powered Mirai during a period of low energy prices.

  • AutoNation CEO: Buy stocks because economy looks good Wednesday, 2 Sep 2015 | 7:16 AM ET
    AutoNation August new unit sales down 5% YOY

    Mike Jackson, AutoNation chairman and CEO, breaks down August sales and shares his outlook on the auto industry, U.S. economy and markets.

  • BERLIN— Top directors at German carmaker Volkswagen plan to give a two-year contract extension to CEO Martin Winterkorn, who emerged on top of a power struggle this year with company patriarch Ferdinand Piech. But the company has struggled to reduce costs and improve market share in the United States. It now faces slackening demand in China, which is a key source...

  • Fed rate hike will hurt US auto sales: Expert Tuesday, 1 Sep 2015 | 10:44 PM ET
    Fed rate hike will hurt US auto sales: Expert

    John Humphrey, senior vice president of Global Automotive Operations at J.D. Power and Associates, explains how U.S. auto sales may be affected if the Fed increases interest rates this year.

  • Growth in US auto sales was surprising: Analyst Tuesday, 1 Sep 2015 | 7:32 PM ET
    Growth in US auto sales was surprising: Analyst

    Brian Sponheimer, auto & capital equipment analyst at Gabelli & Company, discusses the above-view auto sales last month, with U.S. consumers continuing to show their penchant for pickup trucks and SUVs.

  • What's powering US auto sales Tuesday, 1 Sep 2015 | 6:19 PM ET
    What's powering US auto sales

    Karl Brauer, senior analyst at Kelley Blue Book, says a confluence of factors such as low interest rates helped the U.S. auto industry to chalk up its strongest sales pace since July 2005.

  • TORONTO, Sept 1- A healthy appetite for light trucks pushed auto sales in Canada to a monthly record in August, with Fiat Chrysler Automobiles nudging out Ford Motor Co as the top seller, according to data released on Thursday. General Motors Co's sales, meanwhile, jumped a healthy 12 percent. GM sold 24,653 cars and trucks in Canada, up from 22,111 a year earlier, as...

  • Top selling vehicles in the US in August Tuesday, 1 Sep 2015 | 5:17 PM ET

    Automakers reported U.S. sales for August on Tuesday.

  • But managers told workers that employment levels would not be affected, although they didn't provide details on how that would happen, said Bruce Baumhower, president of United Auto Workers Local 12. Automotive News first reported the decision. He told Automotive News that the only way to keep the Wrangler in Toledo would be to move it into the space now occupied...