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VW’s truck subsidiary MAN SE to seek further cost cutting


The name of the game among Volkswagen Group’s affiliates lately seems to be “cost cutting,” with the latest being truck maker MAN SE – which announced it would seek to expand an already ongoing program. Germany's MAN SE will spread the cost cutting strategy from its core trucking business to all of its other divisions as the parent company has asked ...
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China could be Tesla’s deal breaker
Tesla Motors Inc. has risen to prominence as the electric luxury automaker to be in the span of a few short years, but the global ambitions of the California-based company ...
US: auto industry braces for Silicon Valley vs. Motor City turf war
It appears that a new chapter in the global history of the automotive industry is being written as we speak, with the rapid emergence of the San Francisco Bay Area ...
China: Uber says ride-hailing ban has little impact
Uber Technologies Inc., the well-known ride-hailing service provider, believes its strategy to partner with vehicle-rental companies in China can allow it to operate undeterred by the governmental ban of unlicensed ...
Ford’s CEO fears for the future of the automobile
Ford Motor Co’s Chief Executive Officer Mark Fields believes automakers are today increasingly challenged by companies from other industries that enter the auto market and seek to impose their different ...
Daihatsu signals the phase out of the Japanese “keiretsu” system
Japan’s Daihatsu Motor Co is well known for two things – it’s a Toyota Motor, the world’s largest carmaker, affiliate and has strong expertise in the field of small, affordable ...
Analyst opinions diverge on Tesla opportunities
Tesla Motors, the California based automaker that only produces luxury electrically-driven autos, has been the sweetheart of US investors in the last couple of years, but now analysts seem to ...
Hankook and investment partner Hahn & Co to acquire majority stake in Halla Visteon Climate Control Corp.
South Korea’s largest tiremaker, Hankook Tire Co. and its investment partner Hahn & Co agreed to pay around $3.6 billion for the purchase of the majority stake in Visteon Corp’s ...
Hyundai wants diversity to become a core objective in US business plan
According to Dave Zuchowski, the Hyundai Motor America CEO, who spoke during the Rainbow PUSH Coalition Automotive Project conference held in Detroit, diversity and inclusion are now an integral part ...
New plan set to test Fiat – Chrysler strength
Just recently Fiat acquired full control of its US unit Chrysler and the newly merged entity is ready to present on May 6th its first overall business plan – putting ...

latest automotive news
Mercedes-Benz GLC Coupe teased for Shanghai
Mercedes-Benz will be officially pulling the wraps off the brand new GLC Coupe during the 2015 Shanghai Motor Show, in ...
Kaege tunes the Porsche Macan S Diesel
The aftermarket specialists from Kaege have released the first details and images with their very own version of the Porsche ...
Teased – Honda compact crossover
The first official sketch with the new compact crossover signed by Honda has been released by the company and this ...
2015 New York Auto Show: Volkswagen Golf SportWagen Alltrack
The Volkswagen Golf SportWagen Alltrack has been officially introduced over-seas at the 2015 New York Auto Show. After debuting last year ...
2015 New York Auto Show: Mysterious Subaru BRZ spotted
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2015 New York Auto Show: New-gen Jaguar XF
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[VIDEO] Ferrari LaFerrari revving its engine in underground parking lot
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Hyundai chairman receives slight payment uptick
Chung Mong-koo, the chairman of Hyundai Motor Co, the fifth largest carmaker in the world when considered with affiliate Kia ...
Recall roundup: BMW 4-Series Convertible
The BMW 4-Series Convertible is the subject of a recall because of a problem with its airbags. BMW has recently issued ...
Opel Corsa LPG unveiled
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Mercedes-AMG Sprinter 63 S goes official on April Fool’s Day
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UAW’s ranks lifted by 12,000 new members in 2014
The United Auto Workers union had a membership surge last year, with 12,000 new people being affiliated for a total ...
2015 New York Auto Show: Four Volkswagen Beetle Concepts unveiled
No less than four concept versions of the Volkswagen Beetle have been officially unveiled by the carmaker during the 2015 ...
Auto parts maker Robert Bosch to plead guilty in US price fixing case
Robert Bosch GmbH, the German auto parts maker that counts as the largest supplier in the world, has opted to ...
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The US auto industry is tracking towards achieving its sixth annual sales growth, one of the longest positive streaks in ...
2015 New York Auto Show: Rolls-Royce Wraith Inspired by Film special edition
The Rolls-Royce Wraith Inspired by Film special edition has made its public debut recently, during the 2015 New York Auto ...
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