Volkswagen Chief Financial Officer Frank Witter on Tuesday stated the automaker was open to deeper alliances with outside companies, generally in the area of autonomous driving, where Google’s Waymo is
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Volkswagen and Intel’s Mobileye are preparing to present Israel’s first ride-hailing service using self-driving cars from early next year. The two companies are establishing a joint venture with Israeli car
With a plan to load up its renovated Ram 1500 full-size trucks with new features – varying from 12-inch touch screens on the dashboard to large battery packs and electric
Jaguar Land Rover (JLR) expects to hit annual production of 100,000 cars at its plant located in Slovakia by 2020, the chief executive of the recently opened factory, Alexander Wortberg,
A German court ordered Porsche Automobil Holding SE to pay shareholders 47.2 million euros ($53.8 million) in compensation for breaching disclosure rules over an emissions scandal at its major investment
Germany’s Daimler is forming a ride-hailing joint venture in China with Geely Group, in an indication the Chinese firm is making progress in its drive for closer relations with the
Japan’s Calsonic Kansei, owned by U.S. private equity firm KKR, has is set to purchase Fiat Chrysler’s Magneti Marelli for 6.2 billion euros ($7.1 billion) to establish the seventh-largest independent
Audi’s first electric sport utility vehicle (SUV) will hit showrooms four weeks after the planned date due to a software development issue, a representative for the German luxury car brand
Daimler stated its operating profit would decrease by over 10 percent this year, its second earnings warning since June, putting blame on “government proceedings and measures in various regions” as
Volkswagen’s China venture with SAIC Motor has started constructing a $2.5 billion new energy vehicle (NEV) plant in Shanghai, that will make automaker’s luxury Audi brand cars, a potential first
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