Former Nissan and Renault Chairman Carlos Ghosn, who was not allowed to leave Japan whilst awaiting trial on charges of financial misbehavior, on Tuesday stated he was in Lebanon. “I
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Carlos Ghosn has reportedly travelled to Lebanon after departing from Japan The Financial Times newspaper quotes an associate of Carlos Ghosn’s saying the former Nissan’s chairman landed in Beirut, Lebanon
Volkswagen stated on Friday that it would reach a major target in the production of electric autos earlier than previously expected. The automaker will have produced one million electric automobiles
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
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
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