French investigators probe palace party related to Ghosn prosecution

Carlos Ghosn in Norway

French prosecutors are probing a party which former Renault-Nissan chairman Carlos Ghosn threw for his wife at the sumptuous Versailles palace will in the next few weeks ask judges to examine the case, bringing a prosecution a step closer. Prosecutors have been checking whether Ghosn – currently in Lebanon after he fled from Japan on […]

New regulations could bump emotional-support animals from planes

Animals on Planes

The times of passengers bringing their pets on airplanes as emotional-support animals could be seeing its end soon. The U.S. Department of Transportation on Wednesday proposed that only specially trained dogs eligible as service animals, which must be permitted in the cabin at no charge. Airlines could prohibit emotional-support animals including untrained dogs, cats and […]

Tesla overtakes Volkswagen as second most valuable automaker globally

Tesla Inc logo

American automaker Tesla Inc has overtaken Germany’s Volkswagen AG as the world’s second most valuable automaker behind Japan’s Toyota Motor, as the meteoric increase in the U.S. electric vehicle maker’s shares reshuffles the international market. Tesla’s stock has more than doubled in value in these three months, with its market capitalization reaching $100 billion on […]

U.S. regulator to review the complaint against Mahindra

Mahindra XUV500

A U.S. regulator stated it will review part of a recommendation made last year that Indian automaker Mahindra and Mahindra infringed upon the intellectual property rights of Fiat Chrysler Automobiles’ Jeep SUV design. The International Trade Commission (ITC) stated it would take a look into administrative law judge’s initial determination last November that Mahindra’s Roxor […]

Jeep, Suzuki models found to have broken EU emissions regulations

2016 Jeep Cherokee overland two

Fiat Chrysler’s Jeep Grand Cherokee and Suzuki’s Vitara diesel models both breach emissions rules and must be fixed or be subjected to the ban on sales across Europe, the Dutch road authority ruled on Thursday. The RDW authority, acting as the reference regulator throughout the European Union, stated Jeep had developed a software repair and […]

Peugeot merger talks progressing well, says CEO Michael Manley

FCA Peugeot

Fiat Chrysler’s CEO Michael Manley stated on Wednesday that merger talks with Peugeot owner PSA to form the world’s No. 4 automaker are progressing well and he hopes to have a deal completed under 12-14 months. Discussing with Reuters on the sidelines of an industry meeting, Manley said he doesn’t expect any major hindrance that […]

French anti-corruption agency carries out checks on Renault

Renault logo

Renault on Wednesday stated France’s anti-corruption agency was conducting checks at the company, though a source at the automaker, which was rocked by the arrest of former executive Carlos Ghosn, stated the inspection was a routine matter. French magazine Challenges was first to report the inspection though the report lacked further details. There was no […]

Canadian judge approves $149 million fine against Volkswagen over diesel emissions

Volkswagen logo

A judge in Canada has approved a C$196.5 million ($149.7 million) fine against Volkswagen AG on Wednesday once the company pleaded guilty to dozens of counts of diesel emissions infractions. Volkswagen was charged in December with importing almost 128,000 vehicles into Canada breaching emissions standards. VW pleaded guilty after being charged with 60 counts of […]