Industry Voices
VW paves way for UAW representation at U.S. plant
Volkswagen AG's U.S. division said Wednesday it has agreed to steps that could allow for union representation at its plant in Chattanooga, Tennessee, where the United Auto Workers has unsuccessfully tried to organize workers.
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Continental AG CEO says Audi recall no threat to guidance
Continental (CONG.DE) said a fault with airbags installed at premium sportscar maker Audi could cost a double-digit million euro amount to fix, a sum which the German automotive supplier could absorb without revising its earnings guidance.
By Irene Preisinger; Writing by Edward Taylor; Editing by Maria Sheahan
Ford's lower profit beats estimates; sales down on F-150 launch
Ford Motor Co on Friday reported a 34 percent drop in third-quarter profit, and revenue fell due to the cost of introducing the F-150 pickup truck.
Special Report: Why Madrid's poor fear Goldman Sachs and Blackstone
Last year Madrid’s city and regional governments sold almost 5,000 rent-controlled flats to private equity investors including Goldman Sachs and Blackstone. At the time, the tenants were told their rental conditions would remain the same.
Autoliv says taking business in wake of Takata woes
Auto safety parts company Autoliv (ALIVsdb.ST) (ALV.N) has seen positive effects on its business in the wake of recent issues with Japanese auto parts maker Takata's (7312.T) air bags, the Swedish firm's top executive said on Thursday.
More lawsuits filed against Honda, Takata over air bags
The recall crisis involving Takata-made air bags exploding with too much force and spraying vehicle occupants with metal shrapnel is growing, with two more lawsuits filed over accidents in older Honda cars.
By BEN KLAYMAN
Wall St. rallies 1 percent; S&P up for fourth straight day
U.S. stocks rallied on Tuesday, with the S&P 500 on track for a fourth straight session of gains as Apple and Texas Instruments jumped following their results.
