Automakers BMW will step up cost-cutting after warning of profit decline BMW warned of a significant profit decline this year that it will try to offset by embarking on a $14 billion cost-cutting program. Automakers Renault-Nissan pick Leaf, Clio as first cars for Microsoft connectivity Automakers Nissan said to cut China sales target on lack of new models, slowing market Automakers Ghosn trial expected to start in September, report says Automakers Mexico and Brazil reach light-vehicle free trade agreement Automakers Tesla factory injuries idled workers three times as much in 2018 Automakers Vietnam-tied hackers said to target auto industry Automakers EV startup Evelozcity in talks with Magna Steyr for U.S. production Automakers Peugeot family would support more PSA acquisitions Automakers Renault postpones decision over Ghosn's 2018 pay Renault has postponed a decision regarding the 2018 pay package for ousted boss Carlos Ghosn. On the Move VW's former China chief and Skoda boss joins Volvo's board Former Volkswagen Group executive Winfried Vahland will join Volvo's board of directors, succeeding Carl-Peter Forster. Automotive News Europe Lynk & CO's Visser to speak at 2019 Europe Congress Lynk & CO CEO Alain Visser will be among the speakers at the annual Automotive News Europe Congress to be held in Sweden on May 21-22. Automakers Will Saikawa's signature undermine case against Ghosn? Concern is mounting within Nissan that the upcoming trial of ousted Chairman Carlos Ghosn will turn an embarrassing spotlight on the man who now runs the company — CEO Hiroto Saikawa. Automakers Renault's Senard suggests streamlining decision-making with Nissan, report says Renault and Nissan need to "considerably simplify" decision-making processes in their alliance, Renault Chairman Jean-Dominique Senard said in a newspaper interview. Automakers BMW, Varta apply for funds in EV battery cell push BMW and Varta have both applied for state funding aimed at cutting Germany's reliance on Asian battery suppliers for the next generation of electric cars. Automakers Volkswagen's oversight board criticizes CEO's remark evoking Nazi slogan Volkswagen's supervisory board distanced itself from a remark made by CEO Herbert Diess that appeared to play on the slogan on the gates of the Auschwitz concentration camp: "Work sets you free." Automakers Mercedes will build Maybach SUV at its U.S plant Mercedes picked its U.S. plant to build an ultraluxury Maybach-badged SUV for global markets. Automakers VW, Audi look to parts bin to cut EV development costs Nearly all of Volkswagen Group's wave of 70 electric models will use a pair of common platforms, one for mass-market cars and another for premium vehicles. Automakers BMW may source transmissions in U.S. BMW could begin sourcing transmissions locally for its U.S. plant in a move that would be an insurance policy against possible import tariffs. Load More Monthly E-Magazine View latest issue See our archive Sign up for free newsletters Europe Breaking News Alerts (as needed) Europe Daily Summary (weekdays) Europe E-Magazine (monthly) Automotive News China Newsletter (twice weekly) EMAIL ADDRESS Please enter a valid email address. Please enter your email address. Please select at least one newsletter to subscribe. You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.
