Auto News 5

Volkswagen will pay owners of its polluting diesel cars up to $7,000, and agree to fund a grant program to offset air pollution, under a $10 billion settlement being negotiated for submission to a federal judge next week, Bloomberg reported, citing...

AvtoVAZ has unveiled the composition of its new board members today (23 June) at its annual general shareholder meeting.

Iran's Central Bank says it, as well as the country's financial institutions, are compliant with international norms.

German investors' association DSW will go to court to push for an independent investigation of the diesel emissions test-rigging scandal at Volkswagen after its motion for a probe was voted down at VW's annual shareholders' meeting on Wednesday.

Fiat Chrysler's Maserati unit is recalling 13,092 Quattroporte and Ghibli luxury cars from the 2014 model year because they may roll away after drivers mistakenly believe they have engaged the vehicles in 'park' mode.

Germany's auto industry warned that a potential trade dispute between Europe and the UK in the aftermath of a Brexit could put British production sites at risk.

Iran's Ambassador to Russia is calling for more private businesses to become involved in his country as the post-sanctions landscape starts to open up real possibilities for overseas companies.

News 23 Jun, 2016

Legendary sculptor Gerry Judah pays tribute to BMW in its centenary year with eye-popping Goodwood piece

Hella has announced it is supplying claimed world first three-layered multibeam-LED headlamps for Daimler's redesigned Mercedes-Benz E-Class. The lamps were developed jointly by automaker and supplier.

Nissan North America is recalling 28,182 2014-2016 Q50 models made from 26 December 2012 to 11 December 2015 plus Q50 Hybrids made 10 December 2012 to 17 December 2015 because software may incorrectly set the direct adaptive steering at start up, altering the vehicle's steering responsiveness and turning radius.

Poor results in a special study have prompted the US Insurance Institute of Highway Safety to consider instituting a passenger-side rating as part of its Top Safety Pick criteria.

Nissan Motor chief competitive officer Hiroto Saikawa told the annual general meeting in the company's home city of Yokohama, Japan, the automaker had made continued progress on its mid-term business plan, enhanced operational efficiency and delivered "solid" financial results in fiscal 2015. He also highlighted growth in global sales volumes, reaching a new record of 5.43m units amid strong demand in North America and a continued recovery in western Europe.

Geely's Volvo Cars has started production of its V90 premium estate at Torslanda, Sweden.

Dürr has opened a US$46m campus site in Southfield, Michigan, combining activities which the mechanical and plant engineering firm previously carried out at three different locations in the Detroit area.

German supplier Leoni said PSA awarded it a contract worth 500 million euros ($566.95 million) to equip a new DS model as well as the future Peugeot 208 and 2008 with its wiring systems.

Elon Musk is betting that luxury electric car buyers and rooftop solar customers are a single market. The marketing messages of Tesla and SolarCity tell a different tale.

Hanon Systems, has inaugurated its latest climatic wind tunnel, expanding the company's capabilities to include real-world simulation testing of air conditioning, heating and engine cooling performance.

China's JAC Motors is considering opening a factory in Bulgaria as an entry point to Europe for its electric cars. The company would be the second Chinese automaker to build cars in the EU's poorest country after Great Wall.

Sale of motor vehicles in Romania rose 6.9% year on year in the first five months of the year to about 46,200 units, a local report said. But national production dropped by 6.9% according to the Automotive Manufacturers and Importers Association (APIA).