Turkey revealed its first fully domestically-produced car on Friday, stating it intended to eventually produce up to 175,000 annually of the electric vehicle in a project expected to cost 22
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The Volkswagen brand is going to launch 34 new models globally next year, consisting of twelve SUVs and eight electric or hybrid vehicles. Volkswagen COO Ralf Brandstätter commented: “We are
German automaker BMW AG stated on Monday that it was being investigated by the U.S. Securities and Exchange Commission after a report of an investigation associated with the company’s sales
China’s Dongfeng Motor and Peugeot maker PSA are extending their business cooperation, regarding the Chinese company decreasing its stake in PSA to help smooth the French automaker’s merger with Fiat
Volkswagen has seen bids from Europe’s Innio, Japan’s Mitsubishi Heavy and U.S.-based Cummins for its MAN Energy Solutions, which makes diesel engines for ships and power generators, people knowledgeable with
Australia’s competition regulator stated the federal court has penalized Volkswagen AG a record A$125 million ($86 million) for supposedly making false representations regarding compliance with the nation’s diesel emission standards.
Volkswagen’s namesake core brand is on its way to post a record operating profit this year due to cost savings and its boosted sales of sports utility vehicles (SUV’s), a
Fiat Chrysler will meet Italian trade unions in Turin on Friday to talk about the details of a merger deal with French competitor PSA, the FIM-CISL union stated on Wednesday.
BMW and Daimler stated Wednesday they plan to leave the North American car-sharing market, with the joint venture partners stopping operations in Montreal, New York, Seattle, Washington, D.C., and Vancouver,
Britain’s biggest union is looking forward to guarantees on the long-term future of Peugeot’s plants located in Britain following the French automaker’s binding of a deal on Wednesday with Fiat
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