South Korea prepares to impose a combined penalty of 70.3 billion won ($63.1 million) on units of BMW AG, Mercedes-Benz and Porsche mentioning violation of emission rules, the environment ministry
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Unlimited in every sense, the new series production Exige Cup 430 is Lotus’ wildest incarnation of its fire-breathing, point-to-point two-seater sports car. New to the Exige, the Cup 430 sees
Fiat Chrysler Automobiles NV stated it wants to reach an agreement over a fix for cars connected to a U.S. diesel emissions scandal by next spring if not before. In
Volkswagen has yet to fix 390,000 of the 1.2 million vehicles impacted by the diesel emissions scandal in Britain, for more than two years since the discoveries initially came to
Investors looking for billions of dollars in damages from Volkswagen were given a boost yesterday when a German court ruled an independent auditor ought to be appointed to examine the
Ford Motor and China’s Anhui Zotye Automobile are going to make an investment of combined $756 million to establish a 50-50 joint venture in China to build electric passenger vehicles,
Increasing costs for new models and technology will weigh on revenues at BMW for the rest of the year, it stated on Tuesday, as the German automaker fights to regain
The European Commission will propose on Wednesday harder carbon dioxide reduction targets for new automobiles and vans of 30 percent by 2030 and a crediting system to promote electric vehicles,
BMW might take until next year to conclude an internal investigation of supposed collusion between German automakers, CEO Harald Krueger stated on Tuesday. BMW, Daimler and Volkswagen were raided by
Tesla Inc stated on Tuesday it agreed to purchase privately held Perbix Machine Co, which develops automated manufacturing equipment. Financial terms of the deal were not revealed. Minnesota-based Perbix has
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