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VW skids into red in wake of pollution scandal German auto giant Volkswagen said that the global pollution-cheating scam it is currently embroiled in pushed it deeply into the red in the third quarter and would hurt earnings for the whole of 2015.
28 October 2015
VW says second type of engine not fitted with cheating device German auto giant Volkswagen steered clear of a fresh blow in its emissions-rigging scandal, saying that another type of diesel engine which had raised concerns was not fitted with software designed to dupe testers.
23 October 2015
VW to recall 8.5 mn vehicles in Europe as Italian police raid offices Volkswagen said it will recall a total of 8.5 million diesel vehicles Europe-wide as police raided the carmaker's office in Italy and those of its sports car unit Lamborghini over a global pollution-cheating scandal.
16 October 2015
91,000 vehicles in Australia affected by VW cheating Volkswagen said that more than 91,000 of its vehicles in Australia are fitted with emissions-cheating technology, more than two weeks after the global scandal broke.
07 October 2015
Merkel plays down impact of VW scandal on German image Chancellor Angela Merkel said the emissions scandal that has hit car giant Volkswagen was "dramatic" but would not inflict lasting damage on Germany's reputation.
05 October 2015
VW revs up recall plan, hunts for culprits in pollution scam German auto giant Volkswagen shifted up a gear in its plans to recall millions of cars fitted with pollution-cheating software as it boosted efforts to find the masterminds behind the scam.
01 October 2015
VW says 1.8 mn commercial vehicles fitted with emission-cheating software German auto giant Volkswagen said that 1.8 million of its commercial vehicles worldwide are fitted with the sophisticated software enabling them to cheat emission tests.
29 September 2015
Porsche chief Mueller to take the wheel at VW: report The head of German luxury sports car maker Porsche, Matthias Mueller, has been picked to succeed Martin Winterkorn as the chief executive of scandal-battered auto giant Volkswagen.
25 September 2015
French minister urges 'Europe-wide' probe after VW scandal France's finance minister called for a "Europe-wide" probe after revelations that hundreds of thousands of Volkswagen diesel cars had software that secretly thwarts US pollution tests.
22 September 2015
Apple revving work on electric car Apple aims to have an electric car on the road some time in the year 2019, according to a report in the Wall Street Journal.
22 September 2015
Apple explores rules of the road for self-driving cars The California Department of Motor Vehicles (DMV) said that it met with Apple to discuss rules of the road regarding testing self-driving cars.
19 September 2015
Tesla to produce 'economical' Model 3 in two years Tesla will begin producing the "lower cost" Model 3 in two years, Elon Musk, the founder of the luxury electric carmaker said..
03 September 2015
Nissan targets growth in Brazil despite sales slump Nissan plans to maintain investment and increase its share in the Brazilian auto market.
07 January 2015
Toyota to give away fuel-cell patents to boost industry Toyota will give away thousands of patents for its fuel-cell cars, it said Tuesday, in an effort to encourage other automakers into the new industry.
06 January 2015
Photo courtesy of Africa Eco Race-2015 Three Kazakhstani crews in Top-10 after 2nd stage at Africa Eco Race-2015 Three crews from Kazakhstan make it to Top-10 after Africa Eco Race-2015's 2nd stage.
05 January 2015
BMW leads Mercedes for US luxury car market crown German automakers BMW, Mercedes-Benz and Audi are battling furiously to dominate the lucrative US luxury car market.
07 November 2014
Toyota says on track for record full-year profit Toyota said it was on track to book a record $17.5 billion full-year net profit, as the company also lifted its revenue estimate.
05 November 2014
Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance. Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance. ©REUTERS Renault chief sees Europe auto market slowing in 2015 French carmaker Renault chairman, Carlos Ghosn, said that he expects slower growth in Europe's auto market next year.
25 October 2014
Toyota shares rise on record profit report Shares in Japanese auto giant Toyota advanced in Tokyo trade following a report it is set to book a record operating profit in the six-month period to September.
24 October 2014
Peugeot says sales edge ahead in long haul out of crisis Peugeot Citroen said sales in China surged by almost half in the third quarter, keeping the French auto group on the road to meet annual targets under its turnaround plan.
23 October 2014
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