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Internal dossier criticises Audi top management - Bild

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FRANKFURT German luxury carmaker Audi's management board, including Chief Executive Rupert Stadler, has been sharply criticised by company managers, Bild am Sonntag reported on Sunday, citing an internal dossier.

Volkswagen's Slovak union says close to wage deal to end strike 24 Jun 2017

BRATISLAVA The union representing workers at Volkswagen's Slovak factories said on Saturday it was close to agreeing a wage deal with management to end a five-day strike that has hit production at the country's biggest private employer.

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Honda engineer debunks own claim about cause of Takata air bag failures 23 Jun 2017

DETROIT Honda Motor Co on Friday released a 2013 email in which one of its engineers suggested that he knew some hidden truth about "the root cause" of Takata Corp air bag failures, but the engineer later said he was mistaken.

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GM settles hundreds of ignition switch lawsuits 23 Jun 2017

NEW YORK General Motors Co has agreed to settle federal lawsuits by as many as 203 plaintiffs over defective ignition switches in its vehicles, a Friday court filing shows.

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Ford's China move casts new cloud on Mexican carmaking 23 Jun 2017

MEXICO CITY A second U-turn this year by Ford Motor Co in Mexico has raised the spectre of Chinese competition for local carmaking, adding to pressure on the industry after repeated threats by U.S. President Donald Trump to saddle it with punitive tariffs.

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VW brand is cutting jobs more quickly than planned -HR boss 23 Jun 2017

WOLFSBURG, Germany Volkswagen is reducing the workforce at its core division more rapidly than planned, its human resources chief said, helping the brand make progress on cost cuts needed to revive the business.

Cobalt 27 aims to tap electric car revolution with $150 million IPO 23 Jun 2017

LONDON Minerals company Cobalt 27 Capital Corp made its debut on Canada's Venture Exchange on Friday, raising C$200 million (118.40 million pounds) in a listing that offers investors exposure to cobalt, a key metal for batteries in electric cars.

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Ford recalls 15,600 cars in South Africa over fire risk 23 Jun 2017

JOHANNESBURG Ford Motor Co is recalling nearly 16,000 Ikon and Figo models in South Africa due to a potential fire risk, it said on Friday.

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VW waives appeal against German dieselgate compensation cases 23 Jun 2017

BERLIN German carmaker Volkswagen has agreed to buy back diesel cars equipped with illicit emissions control software after deciding not to appeal a German court ruling backing plaintiffs' calls for compensation.

Interpol seeks five ex-VW managers over emissions fraud - Sueddeutsche 22 Jun 2017

BERLIN The United States has issued international arrest warrants for five former Volkswagen managers accused of wrongdoing in connection with the carmaker's diesel emissions-cheating scandal, Sueddeutsche Zeitung reported on Thursday.

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