Sales of higher-margin sports utility vehicles and cost cuts assisted Volkswagen to brush a 1 billion euro legal charge aside to meet first-quarter operating profit forecasts on Thursday, sending its
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Volkswagen stated it has set aside 5.5 billion euros ($6.16 billion) in contingent liabilities to cover possible dangers emerging from a diesel cheating scandal, chief financial officer Frank Witter stated
Fiat Chrysler stated on Tuesday it will use technology from Alphabet Inc’s Google and Samsung to connect all its automobiles by 2022, giving music and video and facilitating future car-sharing
Daimler, the maker of armored limousines used by North Korean leader Kim Jong Un, states it has no idea where the leader got them and has no business dealings with
Jaguar Land Rover is testing software that will permit drivers of its cars to earn the IOTA cryptocurrency as a reward for sharing data. Jaguar Land Rover, the UK’s largest
The tiny, two-person Smart cars once thought as the next big thing in urban mobility will be discontinued in the United States and Canada by the end of the current
Renault is going to propose a plan to form a joint holding company that would provide the French automaker and Japanese partner Nissan equal footing, a person with knowledge of
Volkswagen’s joint venture with China’s Anhui Jianghuai (JAC) prepares to spend 5.06 billion yuan ($750.8 million) in a new electric car factory located in eastern Hefei city, according to local
German prosecutors are probing a possible breach of fiduciary duty by Volkswagen regarding bonus payments made to an executive who was suspended following automaker’s emissions cheating scandal. German automaker was
German automaker BMW will buy cobalt, a major component for electric vehicle (EV) batteries, directly from mines in Australia and Morocco to make sure they are not produced by child
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