Audi gets new sales, purchasing, development bosses as part of VW shake-up

Heizmann will oversee China; new CEO appointed at Bentley Volkswagen CEO Martin Winterkorn replaced three Audi board members and added a board level post for China as part of a shake-up of top management to push forward his growth plans for the automaker. Read More »

China's Youngman makes new bid for Saab, report says Chinese automaker Youngman Lotus Automobile has placed a fresh bid to buy bankrupt Saab, bidding against a group led by Japanese investment firm Sun Investment and Hong K ... Read More »
German new-car sales slow 7% in May New-car sales in Germany slowed around 7 percent in May, given fewer trading days, Germany's association of international motor vehicle manufacturers VDIK told Reuters on ... Read More »
Audi's U.S. chief de Nysschen says he is leaving The president of Audi of America, Johan de Nysschen, said Friday he is stepping down after nearly 20 years with the brand. De Nysschen, 52, announced his departure in an ...
PSA hit hardest as French sales fall 17 percent in May French light vehicle sales fell 17 percent to 197,671 cars and light delivery trucks in May, the country's auto industry association said on Friday. PSA was hit hardest w ...
Mazda to cut 250 jobs in Europe, U.S., report says Mazda plans to cut 250 jobs, a quarter of its staff in Europe and the United States, as it reorganizes sales management in Japan and overseas, a newspaper reported. The c ...