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Britain’s car manufacturing industry had its weakest September in 25 years due to a slump in the number of vehicles exported to the United States, industry figures showed on Thursday.
Volkswagen Group returned to profitability in the third quarter, helped by a surge in demand in China, despite an overall drop in global vehicle deliveries during the COVID-19 pandemic.
Skoda plans to shift production of some high-earning models to other VW Group plants outside the Czech Republic, the automaker’s trade union boss said on Thursday.
Volkswagen Group has begun regular production of ID.4 crossover, the second model in a planned family of electric vehicles that will be built and sold around the world.
Mitsubishi Motors Chairman Osamu Masuko retires, citing health reasons, after leading the automakers through more than a decade.
The Czechslovak manufacturer Avia has given up on the production of new vehicles and will now concentrate on building spare parts.
Volkswagen Group is not done reshuffling its management, CEO Herbert Diess told a German newspaper in an interview.
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