News - Auto News

VW boss Diess wants fatter profit margins -- and faster

VW Group CEO Herbert Diess is pushing for faster margin improvements at the company's Porsche, Audi and VW brands, a German media report said.

BMW, VW win Beijing's OK to gain control of China JVs

Chinese Premier Li Keqiang's government allowed BMW and VW to gain control over local ventures ahead of their foreign rivals, giving the German automakers a boost in the world's largest vehicle market.

EU, Canada, automakers blast Trump auto tariff plan

The Trump administration came under criticism from the EU, Canada and automakers as officials consider imposing tariffs of up to 25 percent on imported cars and parts.

Vietnam's Vinfast will unveil Italian-designed crossover and sedan

Vietnamese automaker Vinfast will use the Paris auto show to raise its global profile by unveiling two production-ready models, designed by Italy's Pininfarina.

Actor Mark Wahlberg buys Chevy dealership in Ohio

Hollywood star Mark Wahlberg, known for both hit movies and his entrepreneurial efforts in the restaurant and nutrition supplements industries, is getting into the car business.