FRANKFURT—Audi AG said on Monday that its capital expenditure in 2016 would likely undershoot a previous annual estimate, with the luxury car unit of Volkswagen AG scrutinizing investments amid a costly emissions scandal at the group.
That was Kermit the Frog's lament to comedian Joel McHale in an advertisement during Sunday night's Primetime Emmy Awards which touted Audi's latest innovations in low emissions technology. (See video above, around three-minute mark.) The punchline …
LOS ANGELES — Buick is cutting the price of one of its top car models, the latest in a series of moves to try to make the brand more appealing, and glamorous, to younger buyers. The starting price of the 2016 Buick Regal GS sports sedan will be $34 …
BERLIN (Reuters) – Volkswagen's Audi division will replace the head of its Chinese operations as the luxury carmaker grapples with an accelerating sales decline in its key market. Dietmar Voggenreiter, who has led Audi's business in the world's largest …
DETROIT — General Motors plans to cut Chevrolet Sonic and Buick Verano production by more than 20 percent and lay off about 100 workers — the latest result of slowing U.S. demand for small cars. GM confirmed today that it will "adjust plant …
Fiat Chrysler Automobiles, born from a heroic turnaround story after Chrysler's near-death experience, enters the New York Stock Exchange Monday amid the most turbulent stock market since 2008. The Dow Jones Industrial Average recorded its biggest gain …
ADVERTISEMENT. Leadership of Cadillac is in flux with the luxury brand's top executive dispatched to Washington and the search beginning for a replacement for Bill Peffer, Cadillac's head of U.S. sales, who left this week after less than a year on the job.
In 2008, Chrysler, one of the Big Three – or “Detroit Three” – automakers (the other two being General Motors and Ford) were all in the midst of what was being called an American car manufacturing crisis. Hat in hand (well, very expensive hat in hand …