Daimler’s former CEO Dieter Zetsche will not seek to become chairman of the German automaker’s supervisory board, he informed Frankfurter Allgemeine Sonntagszeitung newspaper. Zetsche, 67, a former chief executive of
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French automaker PSA has offered to boost the production capacity for Japanese rival Toyota in their joint venture in a bid to win EU antitrust okay for its Fiat merger deal, people
German automaker BMW AG and two U.S. subsidiaries agreed Thursday to pay an $18 million (£14.1 million) U.S. fine to resolve allegations that they revealed misleading information about the automaker’s
Volvo Cars expects to hit its forecast of approximately flat sales year-on-year in the second half of this year even as a recent increase in cases throughout Europe makes the
A court in Braunschweig, Germany, said on Thursday it had started proceedings against former Volkswagen CEO Martin Winterkorn, examining whether he is guilty of market manipulation as part of the automaker’s
German prosecutors said on Wednesday they had charged another eight employees of Volkswagen over the diesel emissions scandal. The eight are alleged of fraud, false certification, and breach of the law
Chinese state-backed investors are thinking about taking BMW’s main Chinese joint-venture partner Brilliance private, five individuals with knowledge of the matter informed Reuters, in the recent such deal targeting beaten
German automaker Volkswagen will pay about 36 million reais (£5.1 million) in compensation and donations to atone for the persecution of former workers during Brazil‘s 1964-1985 military dictatorship, the automaker
Volkswagen’s Traton commercial truck unit and self-driving technology startup TuSimple are going to partner for developing self-driving trucks, the companies said on Wednesday. Traton has also grabbed a minority stake in
Volkswagen is set to provide owners of its ID.4 compact electric sport utility vehicle with three years of unlimited charging in the United States at no extra cost to the
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