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VW unveils multi-billion auto investments through next five years
Volkswagen AG (VOWG_p.DE) is to invest 85.6 billion euros ($106 billion) in its automotive operations over the next five years to push foreign expansion, new models and technology to back its quest for global leadership.
By Andreas Cremer, Jan Schwartz and Edward Taylor; Editing by Kirsti Knolle and Vincent Baby
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Honda discloses fifth Takata air bag-linked fatality, widens recall
Honda Motor Co (7267.T) said on Thursday that a driver in Malaysia died in July after being hit by shrapnel from an air bag supplied by Takata Corp (7312.T) - the fifth such fatality and the first outside the United States.
Food costs eating into consumers' saving at the pump as holidays near
Martha Franco says she hadn't really noticed the sharp drop in gasoline prices, even though the mother of three is always shuttling the kids around in her SUV. She has been paying closer attention to the soaring cost of meat instead.
By NATHAN LAYNE
Ford declines comment on Europe CEO's reported departure
U.S. carmaker Ford (F.N) declined comment on Thursday on a report saying the head of its loss-making European operations will be replaced by a candidate from within the company.
By Andreas Cremer; Editing by Christoph Steitz and Crispian Balmer
Honda ordered to give Takata air bag papers to U.S. agency
U.S. safety regulators ordered Japanese automaker Honda Motor Co Ltd (7267.T) on Wednesday to provide documents and answer questions under oath about potentially defective air bags installed in millions of recalled U.S. vehicles.
Nissan recalls Infiniti hybrid sedans for software, transmission issues
Nissan Motor Co (7201.T) said on Tuesday it is recalling more than 14,000 hybrid Infiniti Q50 and Q70 luxury sedans globally due to possible software and transmission issues.
Rolls Royce to cut 2,600 staff, appoints new CFO
British engineer Rolls-Royce (RR.L) said it would cut 2,600 jobs over the next 18 months, in a battle to reduce costs almost three weeks after a major profit warning.
By Kate Holton, Additional reporting by Sarah Young; editing by Paul Sandle