VW brand chief Herbert Diess and former VW Group CEO Martin Winterkorn are under investigation over suspected market manipulation related to the automaker's diesel-emissions scandal, reports said.
A current member of Volkswagen Group's management board is the target of a criminal investigation, along with ex-CEO Martin Winterkorn, over market manipulation related to the automaker's diesel-emissions scandal.
A German media report says that Volkswagen Group will axe some 40 models from its range as part of its strategy to shift to more electrified cars and save cost.
A clear trend in the shock absorber sector is integrating more and more electronics. Electronic dampers adjust instantly to ensure ride comfort and firm vehicle control. Tenneco Inc is among those leading players in the electronic suspension market. At a recent company event, the supplier updated us on its product portfolio and scope.
Activist investor Carl Icahn raised his bid to acquire the remaining stake in auto parts supplier Federal-Mogul.
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20 Jun, 2016
New all-electric Honda NSX race car is set to compete at famous Pikes Peak hill climb
Canada-based auto components maker Linamar has said it has held discussions with Apple and Google (Alphabet) about potentially supplying parts to them if they decide to make cars.
Investors hungry for reform at Volkswagen Group after its emissions scandal may be disappointed at the carmaker's annual meeting on Wednesday.
While we still do not know the full cost of the diesel emissions scandal to Volkswagen Group (it's still early days in terms of totting up the full damage), the company has at least set out its long-term strategy.
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20 Jun, 2016
The monstrous new cabriolet is based on the S 63 AMG cabriolet, and comes with 838bhp
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20 Jun, 2016
Bentley accompanies Mulsanne EWB launch with extraordinarily detailed interactive long-distance photo
General Motors has adjusted output levels at its South African assembly operations and is considering options including voluntary job cuts as the automaker prepares for a further drop in local sales.
General Motors is rolling out a sedan laden with gadgets that track other cars on the road and can automatically brake to avoid collisions, fulfilling a safety vision decades in the making.
Russia's Industry Ministry says domestic automotive component manufacture is increasing despite the continuing struggles of the sector in the country, which has seen huge sales falls.
Tesla is preparing for its debut in South Korea as the U.S. electric-car maker looks to challenge Hyundai at home.
News
20 Jun, 2016
The new updates on the Premium Mercedes Sprinter build on the 20th Anniversary edition that was released last year
BASF has signed an agreement to acquire Albemarle's global surface treatment business, Chemetall.
Three workers were injured at a new Kia Motors factory in northern Mexico on Saturday, after one fell into a sewer ditch and two others attempted a rescue but were also hurt, the head of emergency services said.