Problems with a braking system supplied by Continental and the continued weakness of the market in China: profits at German car manufacturer BMW plummeted...
Volkswagen's management is planning a cost-cutting programme: not only will bonus payments be scrapped, but employee salaries will also be reduced by ten percent...
Magna's engine is sputtering: the number of vehicles produced in Graz continues to decline and overall sales are declining. An important order from Jaguar...