The Prague City Court ruled on Thursday to strike down an order for Volkswagen to pay Czech consumers over 500 million crowns ($21.27 million) in damages for the Dieselgate affair,
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Volkswagen has a subsidiary now in Turkey’s western Manisa province, the country’s Trade Registry Gazette revealed on Wednesday, as the company gets close to a final decision on the location
Volkswagen this week rejected a German judge’s call to settle a customer class action lawsuit that concerns its rigging of diesel emissions tests, stating there was no case to answer.
Fiat Chrysler Automobiles NV and its U.S. unit is set to pay $40 million for misleading investors regarding its monthly sales figures and will resolve a lengthy probe by the
German automaker BMW has no interest in settling an investigations by the European Union antitrust officials against the company and other German automakers, German magazine WirtschaftsWoche reported on Friday, mentioning
Britain’s biggest automaker, Jaguar Land Rover, will stop production at its British factories for a week in November, its boss stated, joining BMW and Toyota in plans to help reduce
Volkswagen’s CEO and chairman will continue to stay in office, the company’s supervisory board stated on Wednesday, a day after German prosecutors brought charges against them for their role in
Volkswagen’s Africa boss Thomas Schaefer is placing a $50 million bet on a new business built around ride-hailing and car-sharing in Africa. VW is using Rwanda as its laboratory. “It
BMW’s finance chief Nicolas Peter wants to slash between 5,000 and 6,000 jobs by 2022, mainly at the automaker’s Munich headquarters, a German magazine reported on Thursday. Manager Magazin also
Daimler has no strategies to spin off its trucks division or to pursue a merger with BMW as a means to increase the company’s share price, Chief Executive Ola Kaellenius
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