Latest News Updates From Elisabeth Behrmann

VW has come through some tumultuous weeks, with a worsening business outlook prompting renewed pressure to make cuts.

Robert Bosch CEO Stefan Hartung is stepping down after leading a push to cut thousands of jobs and make the world’s biggest automotive supplier more competitive.

High-voltage battery packs in Jeep Wrangler and Grand Cherokee models may have been built with cells susceptible to separator damage, according to a notice posted to NHTSA’s website.

Continental Chief Financial Officer Katja Garcia Vila won’t extend her contract and plans to leave the auto supplier she joined nearly three decades ago.

Magna International Inc. has agreed to buy a driver-assistance unit from SSW Partners for about $1.5 billion following a drawn-out battle to control previous parent Veoneer Inc.

Volkswagen AG will invest 2 billion euros in a planned battery hub in Germany as part of a decision to create a dedicated company for the carmaker’s battery business.

Daimler AG said it intends to dispose of all of its stake in Renault SA, valued at about $364 million.

Continental AG, Europe’s second-biggest supplier of car parts, warned the global bottleneck in chip supply and raw material cost inflation will drag on the auto industry through the rest of the year.

Barely three weeks ago, Daimler AG dialed back profit expectations for the year. The move was seen as a housekeeping exercise to allow CEO Ola Kallenius to start with a clean slate.

Volkswagen AG is stepping up the pace of its digital transformation with a plan to pool some 5,000 digital experts into a single unit that will develop “vw.os,” a uniform software operating system across all new models.