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 ...

Hot cars at the Detroit auto show

Jan 13, 2015

Hot cars at the Detroit auto show

The North American International Auto Show begins this week in Detroit with media and industry previews. It opens to the public Jan. 17. Here are some of the new cars and experimental concept vehicles unveiled at the show: — FORD GT: Ford stunned the ...

Jul 30, 2014

Toyota remains world's biggest carmaker

Toyota remains No. 1 in global vehicles sales after the first six months of the year, followed by Volkswagen which bumped General Motors out of second place as the U.S. automaker grapples with a recall scandal. Toyota Motor Corp. announced Wednesday that its January-June ...

Jul 4, 2014

Sales of imported vehicles jump in first half of 2014

Sales of imported vehicles rose 8 percent in the year to June compared with the same period in 2013, with 143,965 units sold. It was the fifth consecutive year in which sales of imported cars rose in the January-to-June period, the Japan Automobile Importers ...

Maserati, others taking on Toyota at home

May 12, 2014

Maserati, others taking on Toyota at home

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Maserati, Volkswagen and other foreign automakers are riding their best sales streak in years in Japan, as the economy improves and drivers like Taichi Matsukura try to stand out amid a sea of Toyotas. “When I opened the door, the colors and interior immediately ...

May 8, 2014

Volkswagen protects top spot as imports slide 24.4%

Sales here of new imported vehicles, including those built abroad by Japanese automakers, dropped 24.4 percent in April from a year earlier to 15,578 units, the Japan Automobile Importers Association said Thursday. Sales of foreign-brand cars fell 20.6 percent to 12,915 units and those ...

Apr 4, 2014

Sales of imported vehicles up 12.7%

Sales of new imported vehicles, including those built abroad by Japanese automakers, rose 12.7 percent from the year before to 362,052 units in fiscal 2013, an industry body said Friday. Sales of foreign-brand vehicles soared 22.9 percent to 302,018 units, the second-highest figure since ...