FRANKFURT - Volkswagen AG is to invest 85.6 billion euros ($106 billion) in its automotive operations over the next five years to push foreign expansion, new models and technology to back its quest for global leadership.
- VW unveils multi-billion auto investments through next five years
- Takata exec warns about ability to fix deadly air bag flaw
- Exclusive: U.S. increasing non-lethal military aid to Ukraine, U.S. officials say
- U.S. auto regulator seeks nationwide recall of Takata air bags
- Autoshow - As China's luxury car wave ebbs, foreign firms seek domestic foothold
NEWPORT BEACH, California/TOKYO - Toyota Motor Corp will introduce its first mass-market fuel cell car next month, hoping to replicate the success of its Prius hybrid with a vehicle that runs on hydrogen instead of gasoline.
NEW YORK - Takata Corp and Honda Motor Co were hit Monday with a lawsuit over an air bag linked to the death last month of a woman in Florida, the latest legal issue for the companies as they continue to recall millions of vehicles for the faulty part.
FRANKFURT - Porsche SE has warned shareholders it could be forced to return "economic benefits" from a failed takeover of Volkswagen AG if former board members are convicted, the company's quarterly report said.
NEW DELHI/MUMBAI - Tata Motors Ltd , India's biggest automaker by revenue, said profit dropped seven percent in the second quarter, disappointing market expectations of a rise after a sharp drop in car sales at home.