BERLIN (Reuters) - The head of Volkswagen Group's works council, Bernd Osterloh, wants a pared-down management structure at the carmaker, he told a German magazine, as the company takes stock after the ouster of Ferdinand Piech as the automaker's chairman. Volkswagen's management board is currently... Read more

NECKARSULM, Germany (Reuters) - Audi Chairman Martin Winterkorn said it will take "a bit of time" to replace Ferdinand Piech on the carmaker's supervisory board. Former Volkswagen Group Chairman Piech quit his Audi board role along with other VW Group posts last month after a public showdown with W... Read more

General Motors is not interested in a merge with Fiat Chrysler Automobiles. FCA Chairman Sergio Marchionne sought to "mega merge" to implement it until his retirement in 2019, and the most desired partner company was General Motors. However, GM does not share similar aspirations and CEO Mary Barra... Read more

The US Justice Department accuses automobile concern General Motors for misrepresenting the defect in the ignition system that caused the death of 104 people. For these actions the company General Motors may be required to pay a fine of more than $ 1.2 billion, reports citing its sources The New Yor... Read more

Renault may review investments in Turkey after the labor dispute, which led to the suspension of production at its Turkish branch of Oyak Renault. This was stated by the head of the Eurasian department of the French carmaker. Tofaş and a division of Ford Ford Otosan, Oyak Renault and stopped becaus... Read more