Trump's financial regulator pick grilled at confirmation hearing
President Donald Trump’s choice to lead the U.S. consumer watchdog survived aggressive questioning by lawmakers and looked on track to secure a confirmation vote.
Faurecia raises outlook after first-half profit rises 10%
Faurecia raised its 2018 outlook after reporting that first half profit rose 10.2 percent to to 342 million euros, while sales climbed 5.2 percent.
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.
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.