Audi CEO Rupert Stadler met President Dilma Rousseff as Brazil now offers tax breaks for carmakers that increase domestic investments.
Union wants to avoid divisive formal election process, open door to other foreign-owned plants in South.
Descendants of German automobile entrepreneur Ferdinand Porsche have bought back a 10% stake in their holding company from Qatar's sovereign wealth fund.
A court found Holger Haerter provided false information during the German sports car marker's failed 2009 attempt to take over Volkswagen AG.
Volkswagen's German factory workers will get a two-stage raise as the automaker grapples with slipping sales and profit.
The brand earned 590 million euros before interest and taxes, compared to 1.08 billion euros in the same period a year earlier.
Chinese internet users are crying foul over the perceived unfair treatment doled out to Apple by state-run media.
The companies were singled out by state-run China Central Television (CCTV) in its annual corporate malpractice expose.
It could replace equivalent of 840,000 bpd of oil by 2030 and may help ease its cities' toxic smog problem. | Blouin Video: China's polution problem
Toyota, Honda gain market share in 2012.
