Volkswagen Chairman Piech resigns after dispute over CEO

Apr 26, 2015

Volkswagen Chairman Piech resigns after dispute over CEO

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. Volkswagen said in a statement Saturday that Piech, 78, was ...

Mar 31, 2015

Auto output in Japan falls for eighth straight month

Vehicle production in Japan fell 5.3 percent in February from a year earlier to 817,390 units, down for the eighth straight month, as demand shrank following a consumption tax hike last year, an industry body said Tuesday. The Japan Automobile Manufacturers Association said the ...

Mar 28, 2015

Takata sued for $1.9 billion in Canada over faulty air bags

Canadian drivers have launched three class action lawsuits against embattled auto parts supplier Takata over defective air bags linked to at least five fatalities worldwide, lawyers confirmed Friday. The plaintiffs are seeking a total of 2.4 billion ($1.9 billion) Canadian dollars for personal injuries, ...

Mar 26, 2015

Domestic auto output fell 5.8% on year in February

The combined domestic production of Toyota Motor Corp. and seven other Japanese carmakers fell 5.8 percent year on year to 771,945 units in February, down for the eighth month straight, data released by the companies says. The results, released Wednesday, underscored that last April’s ...

Mar 16, 2015

China state TV targets foreign auto firms

Foreign carmakers in China rushed to make amends Monday after being targeted by state television in a ritual naming and shaming of firms for alleged misconduct toward consumers. Jaguar Land Rover, Volkswagen and Mercedes-Benz were among those targeted Sunday by the annual China Central ...

Autonomous car readies for coast-to-coast U.S. road trip

Mar 14, 2015

Autonomous car readies for coast-to-coast U.S. road trip

Call it a preview of the cross-country road trip of the future. An autonomous car developed by Michigan-based auto supplier Delphi Automotive will soon be making a 3,500-mile (5,600-km) journey across the U.S. A person will sit behind the wheel at all times but ...