Author: Automotive News n Feed
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Audi reaches two-year wage deal with Hungary workers
Audi’s Hungarian unit has reached an agreement with its workers’ union on wage rises for the next two years.
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VW talks with union break down, leaving costs deal in limbo
VW Group’s talks with unions over the implementation of its turnaround plan were broken off on Monday, leaving in limbo a deal on cost-cutting following the automaker’s damaging diesel emissions scandal.
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VW works council says talks over strategy pact broken off without results
VW Group’s cost-cutting deal with unions was left in limbo after talks between labor leaders and top executives over the implementation of the turnaround plan were broken off without an agreement.
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VW will not retain some German temporary staff as tensions with labor leaders rise
Volkswagen Group said it will not keep a large number of temporary workers on its books in Germany following a media report which said the automaker’s VW brand would retain about 2,000 of them.
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Stocks rise despite brisk Jan. sales
Automakers and dealers started February with bulging lots after inventories grew faster than January U.S. auto sales.
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Hyundai takes down Lada in Russia upset
Last year, the unthinkable happened in Russia: For the first time ever, a non-Russian brand topped the model charts. The humble Hyundai Solaris subcompact sedan was No. 1, knocking the Lada Granta sedan to No. 2.
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BMW could shift cars to avoid tariff
BMW could conceivably shift some car production from Germany to its crossover plant in Spartanburg, S.C., if President Donald Trump follows through on threats to erect high barriers to trade.
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Good, Walsworth join Automotive News
Automotive News has made two additions to its newsroom staff. Tim Good has joined as a graphics/copy editor, and Jack Walsworth is a Subaru reporter and website producer.
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GM predicts earnings encore
General Motors projects ‘another strong year’ ahead for itself, despite challenges posed by growing inventories and flattening U.S. sales.