Amsterdam is handing out perks consisting free charging stations to residents who help rid the streets of polluting cars of the city. The Dutch city declared earlier week that it
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General Motors stated Friday it is recalling 368,000 medium- and heavy-duty diesel trucks geared up with engine-block heaters for fire dangers after 19 reports of fires. The recall concerns some
BMW’s Chief Executive Harald Krueger stated that there are no plans for the automaker to take a stake in German automaker Daimler as the two automakers continue talks on how
German automaker Volkswagen will join forces with China’s NIU to collaborate in production of battery-powered kick scooters, German newspaper Die Welt reported without mentioning sources. The companies are going to
BMW’s Chief Executive on Tuesday stated the automaker has boosted production of its X3 offroader model in Spartanburg, South Carolina, along with that one in China, a step which decreases
BMW’s first-quarter operating profit dropped 78 percent to 589 million euros, regardless of higher deliveries of luxury vehicles, as the automaker felt the effects of higher investment spending and a
German prosecutors imposed a 535 million euro ($598 million) fine on Porsche AG, a unit of Volkswagen, as punishment for lapses in supervisory duties which made it possible for the
General Motors’s majority-owned Cruise self-driving division stated on Tuesday fund manager T. Rowe Price and a group of current investors put down $1.15 billion in new equity, evaluating the unit
The used vehicle market is flourishing in the US. With the new car prices hitting another historic high, the used segment becomes increasingly appealing for buyers all over the US.
Ferrari beat forecasts on Tuesday with a 14 percent increase in first-quarter core earnings, increasing its shares on rising expectations the Italian luxury automaker might soon raise its full-year financial
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