Renault, the major carmaker with most at stake in Russia, could turn a market crisis to its advantage as Moscow considers a subsidy scheme to steady demand and a weaker ruble undermines rivals that make fewer parts locally.
India anti-trust watchdog fines carmakers $420 million
By Penelope Macrae
India’s anti-trust watchdog has fined 14 automakers a total of $420 million for restricting competition in the spare parts market and driving up prices, a official said Tuesday, a few days after Chinese regulators took similar action.
Former Porsche executives to stand trial
By Chris Bryant
Two former Porsche executives must stand trial over the sports car maker’s failed attempt to take over Volkswagen, a Stuttgart court has ruled, paving the way for one of the most keenly awaited cases in German corporate history.
Anti-UAW workers seek to form union at Tennessee Volkswagen plant
By Bernie Woodall
Employees at the Volkswagen AG auto plant in Cha ttanooga, Tennessee, are attempting to form a union that will include hourly and salaried workers as a counter to the United Auto Workers Local 42 established last month, a leading anti-UAW worker said on Tuesday.
Hollywood glamour, Parisian chic and the Peugeot 308
PSA/Peugeot-Citroen’s survival as a company largely hinges on the company selling at least half of its cars outside of Europe compared with about 40 percent now. As a glamorous means to that end, PSA is using Luc Besson’s Hollywood film “Lucy” to give the Peugeot 308 a marketing push in more than 50 markets around the world.
