Volkswagen has closed its $2.6 billion investment in self-driving startup Argo AI, who is based on Pittsburgh. The automaker disclosed in a blog post on Tuesday. Argo, established in 2016
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A U.S. appeals court ruled on Monday that German automaker Volkswagen AG cannot escape possible financial penalties from two counties in Florida and Utah that may amount to a “staggering”
Maruti Suzuki, Hyundai and Mercedes Benz are providing Indian auto buyers “teaser loans”, a move that sources stated came after softening of the central bank’s stance because of a coronavirus-induced
Volvo Cars USA reports 9,519 cars sold in May 2020, making it a strong month-over-month result, dropping only 2.5 percent. Overall year-to-date sales declined 18.2 percent Sales were down just
When you have a car that you can no longer drive, thoughts about what to do with it cross your mind. Should you let it just sit there, take it
Chinese electric automaker BYD will provide electric vehicle batteries to U.S. automaker Ford Motor, a document on the website of the Ministry of Industry and Information Technology revealed on Monday.
German automaker Opel is preparing to start manufacturing a compact car for French parent PSA at its main Ruesselsheim plant from mid-2021 onwards, German business daily Handelsblatt reported, and mentioned
South Korea’s Hyundai Motors stated on Monday its provisional May sales dropped 39% year-on-year to 217,510 vehicles worldwide, as the coronavirus outbreak continued to damage demand in key markets. Sales however
The Formula 1 season has yet to begin but already attention has turned to 2021 following the announcement that Sebastian Vettel will not be renewing his contract with Ferrari. A
The Mexican unit of Germany’s Volkswagen AG stated on Monday the automaker was ready to resume operations in the states of Puebla and Guanajuato on June 15 after activity was
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