Volkswagen is renting parking spaces from August to stockpile vehicles which cannot be sold because of bottlenecks as results of new engine emissions tests, a spokeswoman stated. Automakers are hurrying
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Luxury sports automaker Ferrari stated on Saturday it had selected board member Louis Camilleri as its new chief executive, replacing Sergio Marchionne who existed because of illness. In an emergency
Fiat Chrysler CEO Sergio Marchionne is going to be replaced permanently at the helm of the global automaker as well as Ferrari after suffering serious complications from surgery, sources stated
Audi’s suspended CEO Rupert Stadler has appealed to a court to be released from custody after spending month in jail, the Munich prosecutor’s office stated on Thursday. Stadler was arrested
European consumer officials criticized Volkswagen on Tuesday for no guarantee that repairs after the Dieselgate scandal would not impact cars’ performance. EU officials have asked the automaker to do more
German automaker Daimler AG and auto supplier Bosch Corp are going to deploy self-driving taxis in California’s Silicon Valley region in 2019 as part of a test program of vehicles
Volkswagen has named Thomas Sedran to head its commercial vehicles division, the automaker stated on Tuesday, confirming media reports. Currently Volkswagen’s head of strategy, Sedran will assume his new post
A federal appeals court on Monday upheld Volkswagen’s $10.03 billion settlement with the owners of almost 500,000 contaminating diesel vehicles announced in 2016. The three-judge panel of the U.S. 9th
Volkswagen has lost a legal challenge to block prosecutors from examining unpublished documents regarding its emission scandal, with Germany’s top court ruling on Friday that files seized from a U.S.
PSA is seeking to sell part of the research and development arm of its Opel affiliate as it makes efforts to revive profitability to the loss-making unit, Le Monde newspaper
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