The Mercedes-Benz owner will buy fewer electronic components and “replace supplier development costs with personnel, building and computing costs”.  Photograph:  Michaela Handrek-Rehle/Bloomberg

Daimler will cut out traditional parts-makers in order to fund a software development push that will involve hiring thousands of coders to build an op(...)

Ferdinand Piëch died on Sunday  at the age of 82. Photograph: Julian Stratenschulte/EPA

Germany – and Austria – are in shock over the sudden death at 82 of Ferdinand Piëch, the autocratic Porsche heir who rescued Volkswagen and – with exa(...)

Ferdinand Piëch, a towering figure at Volkswagen for more than two decades, resigned as its chairman on Saturday after losing a showdown with Chief(...)