China investigating managers at VW joint venture
AP - Tue Aug 26, 5:27AM CDT
BEIJING (AP) — The Chinese anti-corruption agency said Tuesday it is investigating one current and one former manager at Volkswagen's main joint venture in China.
China fines 12 Japanese firms in auto price probe
By JOE McDONALD - AP - Tue Aug 19, 11:16PM CDT
BEIJING (AP) — China announced Wednesday it will fine 12 Japanese auto parts suppliers a total of $202 million for colluding to raise prices in an unfolding anti-monopoly probe of the country's auto industry.
China says Mercedes guilty of price abuses
By JOE McDONALD - AP - Mon Aug 18, 5:25AM CDT
BEIJING (AP) — China's government said Monday it has concluded Mercedes-Benz violated anti-monopoly law and charged excessive prices for parts, adding to a growing number of global automakers snared in an investigation of the industry.
China panel fires adviser over Qualcomm tie
By JOE McDONALD - AP - Wed Aug 13, 11:25PM CDT
BEIJING (AP) — A panel that advises China's Cabinet on anti-monopoly policy has fired an economist who was paid to help prepare a report for Qualcomm, a U.S. company that is the target of a pricing investigation, according to state media.
Toyota says Chinese regulators looking at Lexus
By JOE McDONALD and YURI KAGEYAMA - AP - Fri Aug 08, 1:53AM CDT
BEIJING (AP) — Toyota Motor Corp. said Friday that Chinese anti-monopoly regulators are looking at its Lexus luxury unit in a spreading investigation of foreign automakers.
China probes automakers, technology firms
By JOE McDONALD - AP - Wed Aug 06, 10:15PM CDT
BEIJING (AP) — Chinese regulators have launched a series of anti-monopoly investigations of global automakers and technology providers, stepping up pressure on foreign companies that feel increasingly unwelcome in China.
Toyota profit up nearly 5 percent on sales growth
By YURI KAGEYAMA - AP - Tue Aug 05, 3:11AM CDT
TOKYO (AP) — Toyota Motor Corp. reported a 5 percent jump in quarterly profit Tuesday, outpacing expectations as vehicle sales grew in North America and Europe, offsetting a drop in Japan.
Volkswagen 2nd quarter profit up but revenue slips
AP - Thu Jul 31, 5:15AM CDT
BERLIN (AP) — Germany's Volkswagen, Europe's biggest automaker, says its net income rose 14.1 percent in the second quarter although revenues slipped even as unit sales pushed higher.
Fiat denies merger talks with VW
By COLLEEN BARRY - AP - Thu Jul 17, 12:06PM CDT
MILAN (AP) — Italian automaker Fiat and its main shareholder denied on Thursday a media report that the company is in merger talks with rival Volkswagen. The German carmaker also said it had no plans for mergers or acquisitions.
VW to build new SUV in Tennessee, add 2,000 jobs
By ERIK SCHELZIG and TOM KRISHER - AP - Mon Jul 14, 4:46PM CDT
NASHVILLE, Tenn. (AP) — Volkswagen plans to build a new seven-passenger SUV at its factory in Chattanooga, Tennessee, adding about 2,000 factory jobs as it tries to reverse U.S. sales that have fallen for the past two years.
Business events scheduled for the coming month
By The Associated Press - AP - Fri Mar 28, 1:03PM CDT
TUESDAY, April 1
Business events scheduled for the coming week
By The Associated Press - AP - Fri Mar 07, 12:58PM CST
MONDAY, March 10
Car makers pack premium features in small packages
By COLLEEN BARRY - AP - Mon Mar 03, 7:04AM CST
GENEVA (AP) — European carmakers are putting their longest ever market slump in the rear view mirror, shifting from survival to revival as they head into the Geneva Auto Show with dozens of car premiers, particularly for small models packed with premium features.
VW recalling 600,000 Caddy vehicles
AP - Thu Feb 27, 8:09AM CST
BERLIN (AP) — Germany's Volkswagen AG says it's recalling some 600,000 Caddy delivery vehicles worldwide to repair a problem with their rear doors.
French automakers seek to catch up in China
By JOE McDONALD - AP - Tue Feb 25, 2:14AM CST
BEIJING (AP) — French automakers Renault and Peugeot are looking belatedly to China to revive their flagging fortunes but picked a tough time to try to expand.
China's Dongfeng, French state invest in Peugeot
By JOE McDONALD - AP - Wed Feb 19, 7:42AM CST
BEIJING (AP) — Loss-making French carmaker PSA Peugeot Citroen is getting a 3 billion-euro ($4.1 billion) lifeline backed by Chinese investors and the French taxpayers in a deal that will see the company's founding family hand over control after more than two centuries at the helm.
5 ways China's slowdown will ripple across globe
By JOE McDONALD - AP - Tue Feb 11, 6:04AM CST
BEIJING (AP) — The reaction was slow in coming, but financial markets and corporate bosses have been jolted awake to China's relentless growth decline and are scrambling to cope with wrenching changes in global business.
Volkswagen's US workers will vote on union
By DEE-ANN DURBIN - AP - Mon Feb 03, 2:52PM CST
DETROIT (AP) — Workers at Volkswagen's only U.S. factory will decide next week whether to be represented by the United Auto Workers union.
Toyota tells dealers to stop selling 6 models
AP - Thu Jan 30, 5:29PM CST
DETROIT (AP) — Toyota has told North American dealers to stop selling six popular models with heated seats because the fabric doesn't comply with U.S. safety codes and potentially could catch fire.