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Volkswagen’s cleanup of a diesel cheating scandal is going to cost it 5.5 billion euros ($6.25 bln) in 2018 and about 2 billion euros in 2019, Chief Financial Officer Frank
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German automaker Volkswagen is going to write off its investment in Gett after the Israel-based ride hailing app failed to achieve ground on bigger competitors Uber, Lyft and Didi, weekly
Volkswagen (VW) is purchasing a controlling stake in Volvo’s WirelessCar, a digital service developer skilled in connected driving, for 1.1 billion Swedish crowns ($122 million), the companies stated on Wednesday.
Nissan Motor CEO Hiroto Saikawa failed to secure an expected meeting this week with the acting boss of alliance Renault to talk about the arrest of top executive Carlos Ghosn,
German auto supplier IAV Gmbh has accepted to plead guilty and pay a $35 million fine for conspiring to help Volkswagen in its attempt to evade U.S. diesel emissions standards,
Volkswagen may have to step up its strategies for mass production of electric vehicles in order to satisfy tougher-than-expected European targets to slash greenhouse emissions from vehicles, its chief executive
The head of Nissan Motor and acting CEO of Renault will hold talks during a two day meeting of their automaking partnership starting on Tuesday, sources stated, amid a crisis
Nissan Motor’s CEO called on directors at alliance partner Renault to listen its reasons for eliminating former Chairman Carlos Ghosn over alleged financial misconduct in middle of tensions over how
German luxury automaker Mercedes-Benz on Monday stated it would provide discounts on cars imported into China from the United States until March 31 following the suspension from Beijing on additional
The German state of Baden-Wuerttemberg plans to take legal action against Volkswagen over the automaker’s cheating of emissions tests, newspaper Frankfurter Allgemeine Zeitung (FAZ) noted on Monday. The federal state’s
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