Munich prosecutors investigated the offices of Volkswagen CEO Matthias Mueller as part of an investigation concerning diesel emission test cheating at Audi, Bild am Sonntag reported. Some 100 officials investigated
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Australia’s minister for resources stated on Sunday that the government would do something about it to avert an energy shortage if big gas producers did not enhance supply for the
General Motors plans next year to hire 500 Michigan assembly plant employees once again, who are to be laid off in May, mentioning increased demand for larger automobiles, the company
Hyundai Motor will recall an estimated of 978,000 Sonata cars in the United States due to a seat belt glitch that has resulted in one small injury, as per a
Volkswagen Group’s premium Audi department produced almost 100,000 fewer engines at its huge factory in the western Hungarian town of Gyor in 2016, while automobile output there also fell, the
Former Volkswagen chairman Ferdinand Piech remains in talk to offer his stake in Porsche SE in a deal that would shock the ownership structure of the business that manages Volkswagen.
Tesla Inc stated on Friday it had raised about $1.2 billion, approximately 20 percent more than it had planned, after selling common shares and convertible debt, prior the launch of
Toyota Motor on Wednesday stated it had accepted a more modest wage rise than last year, as uncertainties about the worldwide business environment trigger the Japanese automaker to tighten its
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Volkswagen CEO Matthias Mueller stated he did not eliminate he might hold merger talks with Fiat Chrysler CEO Sergio Marchionne, in a significant change of tone by the German automaker
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