Luca de Meo may become the new CEO of Kering. He is currently the CEO of Renault. Kering owns Gucci and other luxury brands. De Meo has exp...

Nissan rejects Honda’s merger terms, putting the highly anticipated auto industry deal at risk. The proposed merger aimed to create the wor...

Jagdeep Singh, CEO of Quantumscape, is the highest-paid employee in the world with an annual income of Rs 17,500 crore. Quantumscape, under...

Mahindra & Mahindra and Skoda Auto Volkswagen India are finalizing a 50:50 joint venture to share costs, technology, and vehicle platforms,...

Mobileye's "SuperVision" system allows drivers to take their hands off the wheel in certain road types and enables the car to follow naviga...

Fitch rates Samvardhana Motherson on the consolidated profile of its stronger parent, Samvardhana Motherson International Limited (SAMIL), ...

The US price cuts on the Model 3 and Model Y ranged between 6% and 20% compared with the prices that held before the discount

Twitter, which recorded more than 90% of its revenue from ad sales in the quarter ended June 30, has seen an exodus of advertisers fearing ...

China's strict zero-Covid policy, which has led to rolling lockdowns, and the escalation of tensions over Taiwan had also made it "difficul...

Volkswagen's four-member mediation committee is planning to discuss Diess' future soon, sources have said, creating uncertainty around the ...

The multi-brand car and truck maker is convening its Executive Committee to discuss Herbert Diess's demand for the contract extension, more...

Volkswagen may skip the crucial hatchback segment in India because it is low on priority for the carmaker’s vision ‘India 2.0 strategy’.

The policy revisions are part of a 12-point strategy laid out to managers by the brand's new chief, Herbert Diess, according to people fami...

Lespiaucq says India will be among the top 10 markets for the VW Group, but clarifies immediately: "We are not a cheap manufacturer and wil...

Volkswagen Group aims to get solid market share in segments where it has a presence and be among the top three, says MD Thierry Lespiaucq.

At least 16 high profile CEOs from three consumer facing industries — FMCG, automotive and telecom — switched jobs in 2013.

Data show that in the first 11 months of the current year, the German automaker sold 70,000 more units than the American giant.