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VW crisis deepens; automaker sets aside $7.3 billion for emissions scandal
2015-09-22 16:55:52| Automakers - Topix.net
BERLIN - The crisis enveloping Volkswagen AG, the world's top-selling carmaker, escalated Tuesday as the company issued a profit warning following a stunning admission that some 11 million of its diesel vehicles worldwide were fitted with software at the center of a U.S. emissions scandal.
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RobecoSAM annual review names Volkswagen Group worlds most sustainable automaker
2015-09-13 13:55:30| Green Car Congress
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UAW president says he hasn't picked an automaker to target
2015-09-07 22:26:14| Automakers - Topix.net
In this Dec. 15, 2014, file photo, United Auto Workers President Dennis Williams addresses the media in Detroit. With just a week left before contracts expire with Detroit's three automakers, the United Auto Workers union says it hasn't chosen a target company.
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GM's sales drop in August highlights automaker divide in China
2015-09-07 13:58:52| Automakers - Topix.net
General Motors Co reported on Monday its biggest drop in China sales in five months for August as global automakers struggle with a deepening economic slowdown and slumping equities in the world's largest auto market. Vehicle sales for GM and its joint venture partners fell 4.8 percent year-on-year in August, while Ford Motor Co and Nissan Motor Co Ltd also reported contracting sales for the month, highlighting the divide between winners and losers in the Chinese market.
China Passenger Car Sales Fall but Not Every Automaker Feeling the Pain
2015-08-14 01:42:00| Auto Dealers - Topix.net
NEW YORK -- The slowdown in China's economy and stock market with the resulting devaluation of the nation's currency are making life difficult for global automakers Volkswagen AG Passenger-car sales fell 6.6% in July , the second straight month of decline. Earlier in the year most automakers had been predicting a softening in the red-hot rate of sales growth.
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