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Volkswagen AG

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  • DETROIT, Oct 15- General Motors Co's global sales rose 2 percent in the third quarter, driven by strong demand in the two largest auto markets in the world, China and the United States. Japan's Toyota Motor Corp will report third-quarter sales on Nov. 5. Those results helped offset declines in South America, Europe and its international operations in Asia excluding...

  • VW edges GM to hold 2nd place in global sales race Wednesday, 15 Oct 2014 | 10:13 AM ET

    DETROIT— Volkswagen barely edged out General Motors for second place in the global auto sales race during the first three quarters of the year, but Toyota was expected to keep its lead to stay in first place. Volkswagen, which nudged GM out of second in the first half of the year, stayed ahead even though the Detroit automaker had its best third-quarter global sales...

  • *VW 9- month group sales in China up 15 pct to 2.72 mln cars. European and U.S. carmakers are keen to raise their presence in China, but have been confined to owning 50 percent or less of joint venture companies run together with Chinese enterprises. VW, one of the first global automakers to establish production facilities in China during the 1980 s, has the biggest...

  • *VW 9- month group sales in China up 15 pct to 2.72 mln cars. European and U.S. carmakers are keen to raise their presence in China, but have been confined to owning 50 percent or less of joint venture companies run together with Chinese enterprises. VW, one of the first global automakers to establish production facilities in China during the 1980 s, has the biggest...

  • Tesla adding all-wheel drive, safety features Thursday, 9 Oct 2014 | 3:46 PM ET

    LOS ANGELES— Electric carmaker Tesla Motors was expected to unveil an all-wheel-drive system— and perhaps more— at a much-hyped mystery event Thursday night near Los Angeles. The only hint came last week, when CEO Elon Musk tweeted, "About time to unveil the D and something else," with a photo showing what looked like Tesla's Model S sedan mostly hidden by a garage.

  • *Mercedes has stronger momentum than Audi, BMW- analyst. BERLIN, Oct 9- Audi chalked up its best ever September sales result but was still edged out by Mercedes-Benz in a further sign that the rivalry among Germany's top luxury automakers is intensifying. Audi, which eclipsed Mercedes-Benz in 2011 to become the world's No. 2 premium automaker behind BMW, has seen its...

  • *VW brand sales flat for 2nd month as Americas, Russia fall. BERLIN, Oct 7- Mercedes-Benz had its best-ever month for sales in the company's 88- year history in September, benefiting from the release of new models and surging demand in China. Mercedes-Benz also posted its best-ever quarterly sales between July and September of just over 412,000, up 12 percent from...

  • Oct 3- The United Auto Workers on Friday announced the formation of UAW Local 112 for hourly workers at Daimler AG's Mercedes-Benz plant in Alabama, and confirmed it will work with two German labor groups to organize the plant. "What happens here is important to the future of the labor movement," said UAW president Dennis Williams, who swore in the initial members of...

  • UAW forms new local for Daimler Alabama workers Friday, 3 Oct 2014 | 5:51 PM ET

    Oct 3- The United Auto Workers on Friday announced the formation of UAW Local 112 for hourly workers at Daimler AG's Mercedes-Benz plant in Alabama, and confirmed it will work with two German labor groups to organize the plant. The American union's efforts at the plant will be similar to a strategy it employed for the Volkswagen AG plant in Chattanooga, Tennessee,...

  • PARIS, Oct 3- Bentley, the venerable British carmaker known for comfort and style, is moving into the fast lane of ultra-luxury cars with a new version of its flagship saloon, aiming to grab a bigger slice of a market tipped to double in size by 2018.. The 95- year-old brand, whose customers include Queen Elizabeth II and the Sultan of Brunei, is using this month's Paris...

  • DETROIT, Oct 2- It could be a defining element of Chief Executive Mary Barra's legacy at General Motors Co: A drastic shift over the next 10 years from 26 global vehicle production platforms to just four by 2025, a bold stroke that could eventually save the U.S. automaker many billions of dollars in production costs. However, to get there GM faces a challenge of...

  • DETROIT, Oct 2- The United Auto Workers and two German labor groups will announce on Friday plans to work together to organize Daimler AG's Mercedes-Benz plant workers in Alabama, sources close to one of the German labor groups said on Thursday. The goal is for the UAW to eventually represent Daimler workers in Alabama in negotiations with the luxury automaker.

  • Lew warns China on antitrust probes: WSJ Sunday, 14 Sep 2014 | 4:28 PM ET
    Treasury Secretary Jack Lew

    He warned that a recent spate of antitrust investigations against foreign companies could have serious implications for relations, the WSJ reported.

  • Ferrari set to replace chairman with Fiat chief Wednesday, 10 Sep 2014 | 8:19 AM ET
    Ferrari 250 GTO Berlinetta.

    Luca Cordero di Montezemolo will step down as chairman of Ferrari, and will be replaced by Sergio Marchionne, who also serves as CEO of Fiat.

  • Western firms appear to resist Chinese crackdown Thursday, 4 Sep 2014 | 1:56 AM ET

    Foreign companies in China appear to be pushing back against increased scrutiny from Chinese government anti-trust enforcers. The New York Times reports.

  • European shares slipped to close marginally lower, as investors monitored events in eastern Ukraine and reacted to economic data from the region.

  • German auto suppliers asked to form JVs in China Sunday, 24 Aug 2014 | 7:47 PM ET

    German car parts suppliers have been told they can no longer manage their Chinese units independently but need to form partnerships with local peers.

  • Mercedes guilty of price manipulation: China media Monday, 18 Aug 2014 | 1:04 AM ET
    Mercedes-Benz launches their new S-Class series

    Mercedes-Benz has been found guilty of manipulating prices for after-sales services in China, the official Xinhua news agency reported.

  • No more work emails on vacation? This firm thinks so Thursday, 14 Aug 2014 | 5:44 AM ET

    Well-known work-related hazards could soon be a thing of the past, if one German company's idea catches on.

  • GM recalls another 269,000 cars for various defects Friday, 8 Aug 2014 | 2:21 PM ET
    202,115 model year 2002-2004 Saturn VUEs because the ignition key can possibly be removed when the vehicle is not in the off position.

    GM recalled 202,115 Saturn VUEs on Friday, citing an ignition key issue that it says is possibly tied to two know crashes and one injury.