Leoni says it has been the "victim of fraudulent activity," which has seen EUR40m (US$45.1m) flood out of its business through falsified documents and identities, as well as the use of electronic communication channels.
News
16 Aug, 2016
SssangYong adds new LE special edition to Korando's range, improving standard equipment
Tesla Motors is cooperating with French local authorities investigating a fire involving one of its Model S cars during a test drive in Biarritz, it said on Tuesday.
Tesla is cooperating with French local authorities investigating a fire involving one of its Model S cars during a test drive.
As rivers across much of southern Louisiana slowly recede from record high levels, it remains unclear how many vehicles have been damaged or destroyed because of flooding.
Mazda is updating the Mazda3 and Mazda6 with the company's G-Vectoring Control as standard equipment for 2017.
For an industry struggling to attract top engineers and designers, automakers are making a mistake by letting events such as the Woodward Dream Cruise pass them by each year.
Norway denied a media report that the country planned to outlaw the sale of all gasoline and diesel engine cars starting 2025.
Comedian John Oliver took a break from mocking Donald Trump and the Rio Olympics to warn about the dangers of subprime auto lending.
News
16 Aug, 2016
Cadillac looks to outdo Audi and Mercedes with futuristic dash design, set to debut on future production vehicle
Ford today said it plans to introduce an autonomous vehicle by 2021 for use in a ride-hailing or ride-sharing service. Ford said the vehicle would be 'specifically designed for commercial mobility services' and built in high volumes.
German wiring systems maker Leoni has been the subject of a fraud which has cost the supplier 40 million euros ($45 million). Leoni said fraudsters had used falsified documents and identities to funnel company funds abroad.
News
17 Aug, 2016
Model year updates for Range Rover Sport SUV include new Ingenium diesel, supercharged V6 petrol and additional cabin and safety tech
Nissan Europe has updated its Spanish-built Navara pickup range with a more advanced Euro 6-compliant diesel engine and some detail equipment changes.
Audi has introduced a new wireless charging case for the Apple iPhone that works in conjunction with its optional phone box connection and charging system.
Car Charging Group, an owner, operator, and provider of electric vehicle (EV) charging systems, says it has expanded its national network.
Chinese new energy vehicle (NEV) sales will continue to grow as Beijing looks to ensure low emission technology is at the forefront, says Infiniti, with government collaboration essential.
News
16 Aug, 2016
Koenigsegg's 1341bhp Agera RS hypercar is now homologated for US roads, will debut at Californian show