Buyback offers and a possible repair are on the table after Volkswagen AG and the US Justice Department reached a deal "in principle" to deal with excess emissions in nearly 600,000 diesel vehicles, a federal judge said on Thursday (21 April).
Automotive chipmaker Renesas Electronics has announced a planned resumption of at least partial production from Friday (22 April) at its earthquake-hit Kumamoto plant in southern Japan.
General Motors has more than doubled its profit in Q1 from a year ago as it continued to benefit from strong sales in North America as well as an improvement in Europe.
Johnson Controls has reported a Q2 net loss of EU$530m from continuing operations with US9bn of revenue, down from US$9.2bn.
Renault has given its latest Koleos SUV a more premium look compared with the current car.
General Motors' first-quarter operating profit surged to its highest level since before its 2009 bankruptcy, driven by stronger pricing in North America and a sharp reduction in losses at its European and South American units.
News
21 Apr, 2016
The BMW 7 Series THE NEXT 100 YEARS will be limited to 100 models with three engine choices including the V12 M760Li
Volvo Cars has announced that it aims to sell a total of up to one million electrified cars by 2025. It says the planned cumulative total can be met by offering at least two hybrid versions of every model in its range and releasing the first all-electric car in 2019.
Honda has announced it will expand its next Clarity model line to three variants from a single fuel cell model. The Clarity Electric and Plug-in Hybrid will both launch in the US in 2017.
Mitsubishi's disclosure that it manipulated fuel-economy tests risks putting the Japanese carmaker back in a familiar position: needing help from Mitsubishi group companies to stay in business.
Honda Motor has developed what it claims is the auto industry's first mass production vehicle assembly line with a main line that incorporates a flowing cell production system.
Plastic Omnium is reporting first quarter sales up 6% to EUR1.5bn (US$1.7bn), with consolidated sales rising 6.7% to EUR1.3bn.
New vehicle sales in Thailand fell by 2.3% to 72,404 units in March, from 74,117 units a year earlier, according to a monthly report from the Federation of Thai Industries.
Skoda unions have approved an agreement with management on wage hikes that will see tariffs rise by 3.5 percent as of April and another 3 percent in January 2017.
Honda, seeking to reassert itself as a dominant player in the world of green cars, plans to broaden the Clarity nameplate to two more alternative-fuel vehicles.
News
21 Apr, 2016
Updated Volkswagen Amarok will target premium buyers with upmarket interior and is likely to go on sale in the UK by late 2016
VW has agreed to set aside at least $10 billion to resolve civil claims by the U.S. government and lawsuits by American car owners over diesel vehicles rigged to cheat pollution controls, a person with direct knowledge of the matter said.
The latest auto news, reviews, prices, product and vehicle releases. 
