Lower Saxony, Volkswagen’s second-largest shareholder, stated it will hold on to its stake in the automaker regardless of one of the German state’s two major parties calling for modifications in
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German automakers, are on their way for record production this year, anticipate more output development in 2018 supported by strong demand in Asia, the VDA automakers’ lobby stated. Manufacturers including
Luxury automaker Aston Martin revealed its new Vantage model on Tuesday, as it pursues a turnaround strategy designed to return it to profitability and establish a possible stock market flotation.
Uber prepares to buy up to 24,000 self-driving cars from Volvo, marking the shift of the United States firm from an app known for summoning a taxi to the owner
Volkswagen has raised its mid-term revenue outlook on demand for new sport-utility automobiles in emerging markets and upgraded a pretax revenue objective even as it pushes investments in electric cars
The U.S. National Highway Traffic Safety Administration stated Friday it is starting an investigation into potential air bag failure in 415,000 Volkswagen automobiles after the the automaker released a recall
Daimler plans to invest 5 billion yuan ($755 million) in China, with its Chinese joint-venture partner, for capability to produce electric cars and the batteries that power them – part
Volkswagen’s supervisory board is talking about a five-year spending plan amounting to over 70 billion euros ($82.5 billion) to become leader in electric cars, an individual knowledgeable about the talks
Volkswagen Group stated it prepares to spend 10 billion euros ($11.8 billion) by 2025 to develop and produce all-electric and plug-in hybrid automobiles as it seeks to abide by upcoming
German automaker Audi anticipates sales volumes in China to increase highly enough in November and December to reverse a 3 percent drop there in the first 10 months of the
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