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2019 Volvo S60 heralds 'dynamic' powertrain changes

The redesigned Volvo S60 compact sport sedan will be Volvos first U.S.-manufactured vehicle and its first new-generation model to be sold without a diesel variant. ...

Continental board plans powertrain IPO, report says

Continentals supervisory board is moving ahead with plans for an initial public offering of its powertrain unit and a new corporate structure by early July, a sign the suppliers biggest overhaul in decades is taking shape, according to people... ...

German automakers willing to drop all tariffs with U.S., report says

German automakers would abandon car tariffs between the EU and the United States in exchange for President Trump dropping a 25 percent tax threat on European auto imports, according to a report. ...

VW board was weak and indecisive over Audi CEO crisis

When a crisis strikes, a companys board must spring into action and take charge to quickly restore confidence. After Audi CEO Rupert Stadler was arrested over VW Groups diesel scandal, old loyalties took precedence over damage control. ...

Audi's detained CEO, Stadler, questioned by prosecutors, report says

Munich prosecutors questioned Audis arrested CEO, Rupert Stadler, about the automakers diesel-cheating scandal on Wednesday, Reuters reported. ...

Volvo extends global footprint with U.S. factory opening

Volvo is expanding its global manufacturing footprint with the inauguration of its first U.S. assembly plant, where it is investing about $1.1 billion to launch output this autumn of the redesigned S60 sedan for domestic and global markets. ...