Volkswagen furloughs workers in Brazil as demand from depressed Argentina weakens
Oct 8th, 2018
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LATEST NEWS FROM business - autos
AUTOS
Exclusive: Hyundai to ship China-made cars to Southeast Asia amid erratic sales recovery
Hyundai Motor Co (005380.KS) plans to ship China-made cars to Southeast Asia, its China joint venture and two people familiar with the matte...
AUTOS
Toyota to invest $500 million in Uber for self-driving cars
Toyota Motor Corp (7203.T) will invest $500 million in Uber Technologies Inc to jointly work on developing self-driving cars, the companies sai...
AUTOS
Tesla CEO Musk drops pursuit of $72 billion take-private deal
Tesla Inc Chief Executive Elon Musk said late on Friday he would heed shareholder concerns and no longer pursue a $72 billion deal to take the luxury electric car maker private,...
AUTOS
Exclusive: In Chinese port city, Japan's Toyota lays foundation to ramp up sales
Toyota Motor Corp is likely to make 120,000 more cars a year in the Chinese port city of Tianjin as part of a medium-term strategy that's gathering pace as China-Japan ties impr...
AUTOS
Mazda, Suzuki, Yamaha Motor submit reports on improper testing: Japan ministry
Mazda Motor Corp, Suzuki Motor Corp and Yamaha Motor Co have submitted reports to Japan's transport ministry that they conducted improper fuel economy and emissions tests on the...
AUTOS
BMW Korea apologizes as 27 vehicles catch fire over January-July
BMW's (BMWG.DE) South Korean unit apologized over a spate of engine fires, estimated by the country's transport ministry at 27 over January to...
AUTOS
Daimler's workers to defend jobs if tariffs force production shift
Daimler's (DAIGn.DE) German workforce will seek to defend local jobs if the luxury carmaker attempts to shift some production to the United S...
AUTOS
Fiat Chrysler's head of Europe business steps down: source
The head of Fiat Chrysler's (FCHA.MI) Europe, Middle East and Africa business Alfredo Altavilla has stepped down, a source with knowledge of t...
BUSINESS
New Fiat Chrysler boss set to stay on course in post-Marchionne era
Fiat Chrysler's (FCHA.MI) new boss, Mike Manley, faces the task of executing his predecessor's plan to ramp up production of SUVs and catch up...
AUTOS