Honda Motor increased its profit forecast for the year pointing out a more beneficial currency exchange rate, after posting an unexpected increase in quarterly revenues on the back of a
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Volkswagen, Daimler and BMW are dealing with expenses of a minimum of 500 million euros ($593 million) to update the engine software of diesel automobiles in Germany to suppress emissions,
Billionaire financier David Einhorn, who has been harmed by his bet against Tesla Inc, stated on that the automaker is over-valued and that the business is not sufficiently capitalized. “The
The European anti-fraud office examining if Volkswagen used EU funds and European Investment Bank (EIB) loans to make devices that cheated emission tests has sent its judicial suggestions to German
Infineon will provide parts to Tesla’s upcoming mass-market Model 3, the German chipmaker stated, after being vanquished as initial provider by Franco-Italian competitor STMicroelectronics for the desired deal. Infineon, which
Audi intends to cut expenses by 10 billion euros ($12 billion) by 2022 to construct fund a shift to electric vehicles as it looks for to proceed after the emissions
Volkswagen’s planned sale of motorcycle brand Ducati and transmissions maker Renk has presently no huge support on the automaker’s supervisory board, with opponents to asset sales feeling stimulated by the
California regulators provided Volkswagen the consent on Thursday to start broadening clean vehicle infrastructure throughout the state, after dispute over whether the German automaker’s plan would do enough to assist
Honda Motor stated on Thursday that a Takata air bag inflator burst in auto accident recently in Florida, in what could be the 19th death around the world connected to
It seems that the Toyota Prius C is looking for its identity. In 2016, Toyota’s smallest hybrid received a small upgrade that consisted of the addition of a racy lower
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