Volkswagen anticipates money outflows of 4-5 billion euros ($4.7-5.9 billion) next year in relation to the dieselgate emissions cheating scandal, the automaker’s Chief Financial Officer Frank Witter told reporters on
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Ford Motor sales in China dropped 8 percent in November from a year earlier, following a 5 percent decline in October, the United States automaker stated. The company’s sales in
German trade union IG Metall on Monday stated a first round of wage talks at Volkswagen failed to produce a result, adding it was dissatisfied the automaker did not present
Italy’s Investindustrial is not in discussion about boosting its stake in Aston Martin and no decision has been made on a possible stock market listing for the British automaker, the
South Korean automakers dealing with a significant headwind from a weakening Japanese yen, which will enhance competitors like Toyota Motor next year, a Hyundai Motor think tank stated. The fall
Volkswagen executive Oliver Schmidt, convicted in the United States last week for his role in the German automaker’s emissions scandal, can ask to serve his prison sentence in Germany, German
Truck and construction devices maker AB Volvo stated on Friday it had appointed Martin Weissburg, presently head of Volvo’s construction equipment arm, to head its Mack Trucks brand. Weissburg has
Volkswagen stated on Friday it had stopped providing the T6 multivan to dealers after discovering that the diesel model released excessive nitrogen oxide levels and had reported the findings to
Phil Ting, a California state assembly member, and chair of the state’s budget plan committee, prepares to introduce a bill that, starting in 2040, would only permit the DMV to
Russia’s standards agency Rosstandart said on Friday it had been informed about the recall of 30,777 Volkswagen Polo cars sold in Russia in 2015-2017. The vehicles were being recalled due
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