The Volkswagen brand needs higher profits and it should become significantly more effective to be able to fund its future, Volkswagen group Chief Executive Herbert Diess informed the brand’s staff
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Former Volkswagen boss Martin Winterkorn was slow to address emissions test cheating that resulted in huge U.S. fines, a judge hearing a damages case brought by investors against the German
Germany’s consumer protection association and auto club ADAC on Wednesday are going to present a class action against Volkswagen over the automaker’s manipulation of emissions software. The association, called vzbv,
Volvo Cars and its Chinese owner Geely have delayed plans to float shares in the Swedish automaker, putting blame on trade tensions and a slump in automotive stocks. But while
U.S. hedge fund Tiger Global Management has raised their stake in Fiat Chrysler Automobiles (FCA) to 873.3 million euros ($1 billion), a new filing with the Dutch regulator revealed. Tiger,
Investors took Volkswagen to court on Monday to ask compensation for the hit to the automaker’s share cost from its diesel emissions scandal, with plaintiffs holding out hopes for billions
Under new CEO Louis Camilleri, Ferrari is bound to be as successful as it was under his predecessor Sergio Marchionne, the chairman of the Italian supercar maker informed a shareholder
Volkswagen faces a trial next week as investors look for 9.2 billion euros ($10.7 billion) in compensation arguing that the automaker should have told shareholders regarding a diesel pollution scandal
Fiat Chrysler new CEO Mike Manley is going to announce his organizational preparations for the automaker by the end of September, the group’s chairman stated at a shareholder meeting called
Volkswagen hiked the number of passenger cars registered for road use with the officials by 46.2 percent in Germany last month, lifting German passenger car registrations by 24.7 percent in
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