Sweden’s Volvo Cars has raised some 2 billion Swedish crowns ($215 million) in a bond issue just five months after the Chinese-owned carmaker terminated plans for a stock market flotation,
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German prosecutors have started an investigation into Daimler for allegedly failing to avoid diesel emissions cheating, possibly resulting in a fine for the automaker, as its legal woes mount up
German automaker Volkswagen’s South African unit expects to produce a record number of automobiles this year regardless of slow domestic economy, power outages and looming discussion with union members, its
Nissan Motor’s independent committee on governance is anticipated to recommend against the company having the similar chairman as Renault SA, the Financial Times reported on Wednesday, mentioning people knowledgeable about
Volkswagen’s Audi is thinking about cutting night shifts at its Ingolstadt plant, Handelsblatt reported on Tuesday, mentioning the head of the luxury automaker’s works council. “We were verbally informed about
A German court on Tuesday ruled in favor of Volkswagen in a case brought by a customer asking compensation for having bought a diesel car affected by emissions cheating, however
Porsche is a brand associated with it’s sleek, compact yet powerful sports cars, but their models haven’t changed much in the in intervening years. That’s what makes the new 2020
Though the talks about Nissan chairmanship were avoided Top executives from Nissan and Renault on Thursday reaffirmed the necessity of an alliance that has been pressured by removal of former
Renault’s beginning of a new era Renault set a weaker full-year profit goal on Thursday, mentioning currency challenges and market uncertainties, as the French automaker presented annual results without its
Skoda Auto, the Czech unit of Volkswagen, stated on Thursday its worldwide deliveries fell 1.1 percent in January to 102,600 cars. “The main reason behind this trend is the overall
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