Last Updated: Friday, September 11, 2015, 10:53
German automaker Audi AG sold 128,650 cars in August, a year-on-year increase of 2.7 percent, marking its best August sales figures ever.
Last Updated: Monday, August 31, 2015, 09:16
Japan`s Suzuki Motor Corp said on Sunday it would buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court ordered the German automaker to sell its holding.
Last Updated: Saturday, August 8, 2015, 16:11
The Brazilian unit of German automaker Daimler said it is suspending production at one of its four plants for two weeks as a result of a steep decline in sales.
Last Updated: Sunday, April 26, 2015, 08:52
Ferdinand Piech, chairman of the board of Volkswagen AG and a major figure in the German auto industry, has stepped down after clashing with other board members over his criticism of the company's CEO.
Last Updated: Friday, April 17, 2015, 10:43
"We are looking at making India a low-cost manufacturing hub catering to emerging and developed export markets. In 2014, we exported 65,000 cars which is 60 per cent of our production from the Chakan plant," Kodumudi said.
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