A federal judge on Tuesday approved Daimler AG’s $1.5 billion settlement to settle a U.S. government investigation into the German automaker’s use of undisclosed software that permitted excess diesel pollution
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Stellantis NV has scrapped a plan to release the Peugeot brand in the United States and will be focusing instead on the RAM pickup trucks, high-margin Jeeps, and Fiat Chrysler’s
Volkswagen’s Skoda Auto intends to cut 2% of administrative jobs in the Czech Republic this year by not replacing staff who leave rather than through redundancies, the country’s largest automaker
Volvo Cars’ worldwide sales performance continued to remain strong in February after the automaker posted 29.1 per cent growth for the first two months of the year compared with the
Spanish automaker SEAT’s parent Volkswagen wants a strong commitment from Brussels to support a potential project to manufacture electric vehicles in Spain, the German group’s CEO Herbert Diess said on
Porsche and the Volkswagen Group would think about entering Formula One if the next engine regulations set to be introduced in 2025 promote sustainable fuels, the BBC reported on Wednesday.
The global semiconductor chip shortage led Stellantis to warn that the pain could linger far into the year. Stellantis on Wednesday did not give an estimate for the financial hit
Volvo Cars will get rid of all car models with internal combustion engines by 2030, including hybrids. The automaker is also preparing to invest heavily in online sales and simplifying
Fiat Chrysler Automobiles (FCA) pleaded guilty on Monday to charges it conspired with company executives to make unlawful, lavish gifts to United Auto Workers (UAW) leaders and undermined workers’ confidence
German automaker Audi said on Monday it had named Juergen Rittersberger as its next chief financial officer, replacing Arno Antlitz who is going to become group CFO at its parent
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