Sweden’s Polestar, the electric automaker controlled by Volvo Cars, and its parent, Geely, has raised $550 million in external funding, according to the company. The financing is Polestar’s first external
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German automaker BMW recorded its best-ever first quarter in China as sales boosted by 97.3 percent year-on-year to 229,748 BMW and Mini brand vehicles in the first quarter of 2021,
Volkswagen should fully compensate consumers who took out loans to purchase diesel cars that were found to be fitted with defeat devices to cheat emissions tests, a German court has
Volkswagen has agreed on a wage deal with IG Metall union on Tuesday. The deal with IG Metall will see salaries increase by 2.3% from January 2022. It also includes
French automaker Citroen marked its comeback in the esteemed large sedan market on Monday with the introduction of its flagship C5 X, hoping the model will inspire its European fortunes
Australian competition regulator said on Friday the federal court rejected Volkswagen’s appeal against a record A$125 million ($95.1 million) fine on the automaker, which was part of its global emissions
Volkswagen’s luxury sports car unit Porsche AG may need to adjust production to reflect the continued shortage of automotive chips, Handelsblatt reported. “We cannot rule out that we will reduce
FAW-Volkswagen Automobile, a passenger car joint venture between China FAW Group and Volkswagen AG, reported strong auto sales in the first quarter of this year. Its vehicle sales increased 72
TUMI, the prominent international travel, and lifestyle brand, has revealed its brand-new collection created and designed in collaboration with luxury supercar maker and Formula 1 team, McLaren. McLaren’s designers, engineers,
Google, BMW, Volvo, and Samsung SDI are the first international companies to have signed up to a World Wildlife Fund (WWF) call for a postponement on deep-sea mining, the WWF
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