Hyundai and Kia are setting up new regional headquarters organizations in North America and Europe in an effort to move decision making closer to the markets and react more quickly to changing trends and customer demand.
Canadian auto parts supplier Magna said it would set up two joint ventures with Beijing Electric Vehicle to build cars in China.
A magnitude 6.1 earthquake shook Osaka, killing three people, halting factory lines in an industrial area and bursting water mains, government and company officials said.
AT&T will be giving unlimited mobile customers free TV now that its mega-merger with Time Warner is done.
Randall Stephensen, AT&T’s CEO, said customers will soon get a “very, very skinny bundle” of free TV, after a federal judge approved the $85 billion megamerger of AT&T and Time Warner on June…
Volkswagen is preparing to name Bram Schot as interim leader of its Audi unit, Bloomberg reported, following the arrest of the luxury brand’s longtime chief Rupert Stadler over his role in VW’s diesel-emissions cheating.