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VW will invest 86 billion euros chasing Toyota for global car sales lead

Nov. 21, 2014 12:57 CET | UPDATED: Nov. 21 15:00 CET - adds details
Volkswagen will invest 85.6 billion euros ($106 billion) over the next five years on new vehicles, technology and factories as it tries to pass Toyota and become the world's largest automaker.... Read More »

Opel names new engineering chief

Nov. 21, 2014 10:25 CET
Opel named Charlie Klein as its new engineering chief, promoting the executive from his current post as the brand's chief engineer for light commercial vehicles.... Read More »

Suzuki plant in Hungary will return to double shifts ahead of Vitara launch, report says

Nov. 21, 2014 06:01 CET
Suzuki will return to two-shift production at its plant in Hungary as it prepares to launch the new Vitara subcompact crossover, a report said.... Read More »

U.S. to be main market for Mercedes-AMG GT

Nov. 21, 2014 06:01 CET
The United States will be the biggest market for the new Mercedes-AMG GT and is expected to account for 25 percent of the car's worldwide volume.... Read More »

Gestamp expects China to be its No. 3 market by 2015

Nov. 21, 2014 06:01 CET
Gestamp, a Spanish supplier of metal auto parts, predicts that by 2015 China will become its third-largest market worldwide, after Germany and Spain.... Read More »

German builder of crash-test facilities forms China unit

Nov. 21, 2014 06:01 CET
Messring, a German manufacturer of crash-test facilities, has established a wholly owned Chinese subsidiary.... Read More »

GM approves Opel SUV and engine investments in Germany, Poland

Nov. 20, 2014 16:22 CET
GM CEO Mary Barra said Opel will add a flagship SUV to its lineup. The model will launch by the end of the decade.... Read More »

BMW may need to increase i8 production to cut waiting lists

Nov. 20, 2014 18:26 CET
BMW may have to increase production of its i8 plug-in hybrid supercar to meet high demand.... Read More »

Alfa Romeo midsize sedan will be unveiled next June

Nov. 20, 2014 10:04 CET
Alfa Romeo's new midsized sedan will be unveiled next June, according to sources.... Read More »

Mercedes presents Maybach S class as luxury executive cocoon

Nov. 20, 2014 06:01 CET
Mercedes's new Maybach version of its flagship S class is challenging Bentley and Rolls-Royce for supremacy among customers who enjoy a chauffeured...... Read More »

UK car production likely to miss full-year target on weak overseas demand

Nov. 20, 2014 12:09 CET
UK car production is unlikely to hit a full-year goal of 1.... Read More »

TRW shareholders approve $13.5 billion takeover by ZF

Nov. 20, 2014 13:21 CET
TRW Automotive shareholders today approved a $13.... Read More »

Volvo plots U.S. resurgence with model overhaul

Nov. 20, 2014 06:01 CET
Volvo said an overhaul of its model range over the next five years would propel annual car-sales volumes in the U.S. back above 100,000 vehicles.... Read More »

BMW CEO to join Siemens supervisory board, report says

Nov. 20, 2014 15:46 CET
BMW CEO Norbert Reithofer will be nominated to join the supervisory board of German engineering company Siemens, German monthly Manager...... Read More »

LOS ANGELES AUTO SHOW

Fiat expects new crossover to outsell 500 minicar in U.S.

Nov. 20, 2014 11:11 CET
Fiat expects its Fiat 500X SUV to be even more popular in North America than its retro-styled 500 minicar as it appeals to customers seeking a larger...... Read More »

GM shuffles top execs for quality, purchasing, powertrain

Nov. 20, 2014 22:14 CET
GM said Grace Lieblein will replace Alicia Boler-Davis as head of global quality as the company caps a year of record recalls.... Read More »

Schaeffler posts 36% jump in Q3 profit on car demand rebound in Europe

Nov. 20, 2014 15:12 CET
Schaeffler said profit rose 36 percent in the third quarter because of recovering car demand in Europe and growth in China.... Read More »

Ford to cut 20% of staff at B-Max plant in Romania

Nov. 19, 2014 15:35 CET
Ford will lay off 20 percent of the workforce at the Romanian plant that builds the B-Max as it adjusts to falling sales of the subcompact minivan.... Read More »

PSA plans to cut 3,450 French jobs in 2015, report says

Nov. 19, 2014 17:27 CET
PSA/Peugeot-Citroen is preparing to cut another 3,450 French jobs next year, sources said, as the troubled carmaker pursues a recovery plan under new...... Read More »

Audi's China PR director faces corruption probe, report says

Nov. 19, 2014 10:39 CET
Audi's public relations chief in China, Lu Minjie, is under investigation by the central Chinese government's anti-corruption task force, according...... Read More »

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