Prosecutors in Stuttgart, Germany, are looking into a possible fine for auto supplier Robert Bosch for dealing Volkswagen with engine management software that the automaker used to cheat vehicle emissions
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Fiat Chrysler Automobiles NV stated on Thursday it paid $77 million in U.S. civil penalties late last year for not meeting 2016 model year fuel economy regulations, the first major
Renault has discovered evidence that it paid part of ex-CEO Carlos Ghosn’s wedding costs and is planning to turn the investigation over to prosecutors, two weeks after the automaker’s eliminated
Ford Motor stated on Thursday it is investing over $1 billion in its Chicago operations and adding 500 jobs as it plans to launch three new SUVs this year and
France’s finance ministry reject a report from Japanese news outlet Nikkei that the French government had told Tokyo it was open to consider reducing Renault’s stake in Nissan Motor. Contact
French automaker Renault must show “total transparency” as it investigates its business practices, including a sponsorship deal stuck with the Chateau de Versailles, finance minister Bruno Le Maire stated on
General Motors on Wednesday reported a quarterly profit that surpassed Wall Street expectations, due to high-margin pickup trucks and small SUVs in the U.S. as well as cost cutting. The
Daimler slashed its dividend on Wednesday after fourth-quarter operating profit plunged by 22 percent, due to trade wars, increasing costs for developing electric cars and an industry downturn that has
Toyota Motor’s quarterly profit edged up as demand for its car models from cost-conscious Chinese customers helped offset bleak North American sales, although the company’s shares slipped as it cut
Daimler Chief Executive Dieter Zetsche on Wednesday stated the automaker is in talks about expanding its cooperation with China’s Geely, even as German politicians draw up ways to safeguard the
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