Jaguar Land Rover estimates its annual profit could be cut by $1.47 billion if the UK leaves the EU, Reuters reported.
Russia says it is working with Iran to establish a free trade zone as historical ties between the two countries start to revive following the ending of economic sanctions imposed by the West.
Jaguar Land Rover says China's cancellation of it's patent on the Range Rover Evoque will not stop it from going after an alleged Chinese copycat in a separate unfair competition and copyright proceeding.
Lawyers acting for VW shareholders have filed the first of two lawsuits in Germany against the automaker in claims that could run into billions of euros over the carmaker's emissions scandal.
Law firm Quinn Emanuel has filed one of two lawsuits in Germany against Volkswagen Group for institutional funds in claims that could run into billions of euros over the carmaker's emissions scandal.
German financial watchdog Bafin filed a complaint with prosecutors against the entire former board of Volkswagen Group over possible market manipulation linked to the automaker's emissions scandal, Reuters reported.
News
21 Jun, 2016
Internal bike rack derived from motor show concept now available for practical Honda Civic estate
Toyota is to spend US$1bn over the next five years on its US-based Toyota Research Institute (TRI), a high tech research lab that will focus on autonomous cars, artificial intelligence and robotics. Toyota's move comes as competition to develop self-driving cars intensifies.
China's cancellation of Jaguar Land Rover's patent on the Range Rover Evoque will not stop it from going after an alleged Chinese copycat in a separate unfair competition and copyright proceeding, a Jaguar Land Rover spokesman said today.
Volkswagen Group's supervisory board may back away from its recommendation that top management's actions be endorsed by shareholders after German prosecutors launched a probe against executives including VW brand chief Herbert Diess, Reuters...
News
22 Jun, 2016
Each hospital trust rakes in an average £949k from parking fees in England
BMW is accelerating plans to acquire technology expertise in a race with the likes of Apple and Google to make cars smart enough to react like human drivers.
German supplier Benteler Automotive opened a factory in the northeast China city of Shenyang to supply suspension parts to BMW Group's Chinese joint venture.
BMW is accelerating plans to acquire technology expertise in the form of startups, partnerships with tech companies and talent as it races companies such as Apple and Google to build electronic brains for next-generation autonomous vehicles.
Former Volkswagen chief Martin Winterkorn is under investigation in Germany for alleged market manipulation. Prosecutors in Germany have accused Winterkorn, and another former board member, of withholding information from investors about VW's emissions scandal.
Mitsubishi Motors expects to post a net loss this financial year over its mileage-cheating scandal as it is hit by compensation costs and a slide in vehicle sales, a report said today.
National Electric Vehicle Sweden (NEVS) is to drop the Saab trademark as it moves to become a sustainable mobility provider.