In a statement, Bosch, the world’s largest car parts supplier said, it plans to invest up to $100 million in Mexico this year; the development sees a 15% increase, mostly in new manufacturing lines and digitization projects. The resources will… Read More ›
Bosch
Airbus appoints new CFO and new COO
Airbus is continuing to overhaul its top management. On Wednesday, in efforts aimed at stabilizing its financial and operational pillars, Airbus named Dominik Asam as its next chief financial officer (CFO). Asam will replace Harald Wihelm, who has plans on… Read More ›
VW agrees to spend additional $1 billion to fix more of its 3.0 engine cars in the U.S
Volkswagen will buyback or fix another 80,000 3.0 litre diesel vehicles in the U.S for which it will spend 1, and up to 105,000 2.0 litre vehicles in Canada. In strategic efforts aimed at putting the emission cheating scandal behind… Read More ›