Volkswagen could sell a smaller stake in its Traton trucks department than expected if markets are shaken by Brexit, two sources knowledgeable with the matter informed Reuters on Monday. The
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Peugeot is the most recent major automaker to make a move in the electric vehicle sector. French automaker Peugeot has announced information about a 100 percent electric and zero emission
Munich prosecutors fined BMW 8.5 million euros ($9.65 million) for administrative failures after the German luxury automaker set up the wrong engine management software into 7,965 vehicles, resulting in higher
Former Renault and Nissan head Carlos Ghosn and his wife invited people to a $260,000 Carnival party in Brazil in 2018 and charged it to his employers, documents observed by
Fiat Chrysler Automobiles NV (FCA) has set an annual compensation target for CEO Mike Manley consisting of pay, cash and equity bonuses of $14 million, the automaker stated in a
Volkswagen cautioned on Friday of a tough year prior its preliminary yearly results were weighed down by currency effects and production bottlenecks caused by new emissions testing rules. The German
General Motors stated on Friday it had expanded the production at its Detroit Hamtramck plant until January 2020, in opposition to an earlier plan to discontinue production in June this
Daimler and BMW revealed a joint ride-hailing, parking and electric vehicle charging business on Friday to rival with mobility services offered by Uber and other tech companies. The luxury car
Ford Motor stated on Thursday it has employed outside experts to probe its vehicle fuel economy and testing procedures after employees raised issues, and did not know if it would
Consumer Reports on Thursday yanked a recommendation for Tesla Inc’s Model 3, pointing out reliability issues, and the influential U.S. magazine turned up the pressure on other automakers to include
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