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Volkswagen’s CEO Herbert Diess stated he was not one of the Volkswagen executives being investigated for fraud and breach of fiduciary trust after German prosecutors on Monday sought to push
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BMW Chief Financial Officer Nicolas Peter stated the automaker has no plans to develop a compact vehicle together with a rival German automaker. “We have no plans to develop a
Daimler plans to release an electric compact sport utility vehicle in 2021 that will be called the Mercedes EQB, the German automaker’s CEO stated on Tuesday. Dieter Zetsche made the
Rolls-Royce expects to accomplish double-digit sales growth in China this year, although it will be less than the 40 percent rate is observed in the last year, its chief executive
Volkswagen is pushing its joint venture partners consisting of SK Innovation (SKI) to construct electric car battery plants which have at least one Gigawatt manufacturing capacity, CEO Herbert Diess informed
Volkswagen expects worldwide sales of its core brand this year to be matched with the 6.24 million mark that it gained in 2018 even though China sales dropped in the
Martin Winterkorn has been charged over his involvement in the company’s diesel emissions scandal. The public prosecutor in Braunschweig charged former Volkswagen CEO Martin Winterkorn and four other managers with
Volkswagen plans to construct a completely electric sports utility vehicle (SUV) for China from 2021, competing with the Chinese market leader Tesla’s Model X as the German automaker ramps up
A lawsuit filed by three car purchasers last month in Federal District Court in Alexandria, Va., alleged the Volkswagen of defrauding consumers by selling early prototypes not certified for sale
The new management body of Nissan Motor, Renault SA and Mitsubishi Motors held its first meeting Friday and started discussing ways to improve the alliance following multiple arrests of former
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