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VW brand chief ‘confident’ of solving cost-cutting row with labor

April 24, 2016 by · Leave a Comment 

Volkswagen's top brand executive is confident that management and labor will solve a dispute over cost-cutting at the core autos division and signaled readiness on Sunday to meet some of workers' demands. Volkswagen's (VW) powerful labor leaders earlier this …

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VW brand chief ‘confident’ of solving cost-cutting row with labor

its-misleading

Mitsubishi Motors may skip earnings forecast due to data scandal: source

April 24, 2016 by · Leave a Comment 

Mitsubishi Motors Corp is unlikely to issue an earnings forecast for the current financial year when it announces annual results this week, due to uncertainty about the financial impact of its misleading fuel economy data, a person close to the company told Reuters on Sunday. The Japanese automaker is under investigation by the transport ministry after saying last week that it overstated the fuel economy of four of its minivehicle…

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Mitsubishi Motors may skip earnings forecast due to data scandal: source