Volkswagen’s luxury division Audi stated growing expenses for upcoming model launches will weigh on fourth-quarter revenues after third-quarter earnings and profits edged up due to growing auto sales. “With this
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Volkswagen engineers informed top managers that diesel emissions manipulations went far beyond concerns in the United States two days prior to the automaker made a public announcement to that result
A German court turned down a complaint against Volkswagen brought by fish distributor Deutsche See which has taken legal action against the automaker over its diesel-test cheating. Deutsche See stated
Volkswagen’s financing division has introduced an online platform to grab a share of used vehicle sales in Germany, as it pursues a goal to nearly double its portfolio of credit,
German automakers being investigated over possible collusion did not take part in cost fixing or a prohibited cartel, Volkswagen’s CEO Matthias Mueller stated on Wednesday. European Union antitrust personnel have
PSA Group’s quarterly income increased by nearly a third, the maker of Peugeot and Citroen cars stated on Wednesday, as it added Opel-Vauxhall sales estimates for the first time. The
Fiat Chrysler Automobiles has filed a complaint with a U.S. regulator looking for “reparations” from a group of shipping business from Asia, Europe and South America that admitted to fixing
U.S. and California regulators have approved a repair for about 38,000 Volkswagen 3.0-liter vehicles with possible excess emissions, a decision that could save the car manufacturer over $1 billion, as
European Union and German antitrust authorities investigated the offices of Daimler and Volkswagen on Monday, expanding an inquiry into supposed collusion. The EU competition watchdog stated in July that it
A French judicial inquiry into Fiat Chrysler over presumed emissions-test cheating centers if the automaker misguided buyers of Fiat, Alfa Romeo, Jeep and Lancia cars about emissions levels, as per
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