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Audi targets 10% of management jobs as it cuts costs

"One thing is clear, our cost base is too high," CEO Bram Schot told German newspaper Handelsblatt.

So long, 'Cobo': Detroit auto show venue to get new name

A bank has purchased the naming rights of Cobo Center in a 22-year deal that will change the brand of the city's convention center.

Nissan recalls 86,265 Muranos in U.S. for braking issue

The valves within the 2009 Murano's ABS hydraulic control units may react with brake fluids containing specific corrosion preventative additives.

Sonic Automotive cuts 6% of corporate staff

Sonic Automotive, preparing for a tough year ahead, said interest rate hikes in 2019 could erode profits.

German prosecutors start penalty proceedings against Daimler in diesel probe

Investigators are examining whether Daimler executives have neglected their legal duties, the prosecutors' office said.