Volkswagen plans to invest 60 billion euros ($66.12 billion) by 2024 to develop electric and hybrid cars along with digital technologies, the automaker stated on Friday. Volkswagen prepares to build
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German prosecutors sought charges against a present Volkswagen manager along with a former manager and two former board members, alleging of them awarding works council members inflated incomes. The Braunschweig
Volkswagen CEO Herbert Diess on Friday stated the German automaker has no strategy to cooperate with American electric automaker Tesla. During the interview in Wolfsburg, Germany, Diess stated that Tesla
Ferrari has now rolled out the Roma, a record fifth new model announced this year, as the Italian luxury automaker with the famous “prancing horse” logo looks to maintain profit
Stricter emissions rules are going to hit Daimler’s profits in 2020 and 2021, prompting the German automaker to seek over 1 billion euros ($1.1 billion) in savings from slashing staff
Certainly, there were fast, expensive cars prior to the arrival of Lamborghini in the market. But there was nothing was ever like a Lamborghini ever before. The Italian automaker’s innovations
Fiat Chrysler and Peugeot owner PSA’s vow not to shut down factories if they merge is probably to come under heavy strain as the combined group would have spare production
The United States is not going to announce tariffs on European vehicles next week, stated Jean-Claude Juncker, the outgoing president of the European Commission. U.S. President Donald Trump has until
The Volkswagen Group formally started series production of its ID.3 electric car this week, with the automaker aiming to become a world leader in the developing field of e-mobility. A
Audi will boost the production of engines at its Hungarian factory to 2.25 million units from 2020, Hungarian Foreign Minister Peter Szijjarto stated on Monday. An Audi spokesperson at the
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