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Volkswagen Group management reduces the range of possible car model versions and their sets to make up the losses from the emission scandal. This way the German manufacturer hopes to save 1.9 billion euros.The top manager of Volkswagen, Bernd Osterloh, said that this decision, reduce labor costs and complexity, was taken for a long time. Osterloh said reducing the variety of car models and options could enable Volkswagen to "take out costs there on a large scale" without forcing the company to cut jobs, Bloomberg reported. VW has one major U.S. factory, located in Chattanooga, Tenn.V...
Audi is one of the favored car in China, it is very popular among female consumers that now make up about a third of the automaker's buyers in the market. “Audi drivers are the progressive, white-collar workers and it’s an image I identify with,” said the 32-year-old furniture designer, who’s deciding between an A4L sedan or the Q5 SUV. “I work hard and want to make sure my money is well spent.”Audi slows the growth in luxury sales in China, carmakers have to spread their bets and appeal to as many demographic groups as possible. Audi’s sales ...
The United Auto Workers union on Friday night said it had ratified a contract with Ford Motor.The UAW-Ford deal comes after a resurgence in car sales and profits. That's one of the issues workers have raised -- many hadn't received a raise in over a decade despite economic strength within the industry.The four-year deal with Ford barely passed with a 51.4-percent majority. The Blue Oval's production workers voted 51.3 percent in favor of the contract, and 52.4 percent of those from skilled trades accepted it."This agreement provides a good foundation for Ford Motor Company, ou...
Ford is recalling 450,000 cars in the USA for fuel tanks that can crack.Ford has not received any reports of accidents or fires related to this condition."Affected vehicles include certain 2010-2011 Ford Fusion and Mercury Milan vehicles built at Hermosillo Assembly Plant from July 21, 2008 through March 4, 2011."The second recall affects 13 F-650 trucks. The column shifter's park position mechanism may fracture and let the truck roll away unexpectedly. Those 2016 models built in Ohio between July 29 and September 3, 2015 are all located in the US. Fixing the problem will require...
The Electric Vehicle Charging Association has released “The State of the Charge,” a report documenting the charging industry’s rapid growth in California and the economic opportunity it presents.According to the report, there are now more than 9,000 workplace charging outlets in California and in its residences – more than 20,000. The number of public charging outlets in California has grown by 652% since 2011. With 150,000 EVs on its highways, the report adds, California has 40% of the U.S. electric car market, and the industry is expected to generate roughly $4.5 bill...
