Fiat Chrysler Automobiles NV stated on Thursday it paid $77 million in U.S. civil penalties late last year for not meeting 2016 model year fuel economy regulations, the first major
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Renault has discovered evidence that it paid part of ex-CEO Carlos Ghosn’s wedding costs and is planning to turn the investigation over to prosecutors, two weeks after the automaker’s eliminated
France’s finance ministry reject a report from Japanese news outlet Nikkei that the French government had told Tokyo it was open to consider reducing Renault’s stake in Nissan Motor. Contact
French automaker Renault must show “total transparency” as it investigates its business practices, including a sponsorship deal stuck with the Chateau de Versailles, finance minister Bruno Le Maire stated on
Daimler slashed its dividend on Wednesday after fourth-quarter operating profit plunged by 22 percent, due to trade wars, increasing costs for developing electric cars and an industry downturn that has
Daimler Chief Executive Dieter Zetsche on Wednesday stated the automaker is in talks about expanding its cooperation with China’s Geely, even as German politicians draw up ways to safeguard the
Fiat Chrysler Automobiles NV stated on Tuesday it would recall 882,000 pickup trucks globally in two new recalls to address issues with steering and pedal. The automaker stated it was
The Renault-Nissan-Mitsubishi alliance will partner Alphabet Inc’s Google to develop autonomous taxis and other services using self-driving vehicles, the Nikkei reported. Google’s self-driving car company Waymo is going to work
Volkswagen is discussing with Swedish institutional investors AMF, AP Fund 1 and 4, Investor AB and Folksam about being cornerstone shareholders in the dual listing of its trucks unit Traton
A federal judge allowed majority of claims against Daimler AG to move forward in a 2016 lawsuit by vehicle owners that claims the automaker’s Mercedes diesel vehicles utilized illegal software
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