Audi announced it had "discovered irregularities in the engine management software" of Euro 6-compliant V6 diesel engines used in current A6 and A7 models and had informed the Federal Motor Transport Authority in Germany and the vehicle registration authority in Luxembourg.
Rebounding profits in North America helped troubled Mitsubishi jump back into the black in the just-finished fiscal year.
Mitsubishi Motors said it expects operating profit to rise 12 percent in the current financial year, driven by higher vehicle sales in Asia.
Audi said it plans to sell about 800,000 battery-electric and hybrid-powered cars in 2025, when it also expects to generate an operating profit of $1.2 billion.
Magna has opened its aluminium casting facility in Telford, England, to supply structural castings to Jaguar Land Rover creating 300 new jobs.
South Korea said that an impending deal with General Motors to refinance its local unit will ensure the automaker remains in the country for at least 10 years, as its rights to sell shares and assets will be curtailed.
News
24 Aug, 2018
Polo and Ibiza superminis, plus Arona SUV still in showrooms with temporary fix on rear seatbelt buckle fault
News
9 May, 2018
Passengers in the rear-left seat of the SEAT Arona and Ibiza, as well as latest VW Polo, face unbuckling risk when cars are carrying five
Audi is planning to sell approximately 800,000 electrified automobiles per annum by 2025.
The South Korean government has said a pending deal to refinance General Motors Korea should keep the automaker in the country for at least 10 years because its rights to sell shares and assets would be limited.
News
9 May, 2018
New Golf GTI Next Level and Golf TGI GMOTION concepts the creation of VW apprentices for Worthersee festival
Audi, which is facing a new investigation into suspected emissions cheating, said it will shortly present a software upgrade for A6 and A7 diesels.
Toyota has forecast a 4.2% decline to operating profit for the current financial year - at 2.3 trillion yen - as the higher yen hits overseas earnings in spite of higher forecast global vehicle sales.
News
9 May, 2018
Highways England calls for patience from drivers as it says 3,500 incidents were recorded over three months last year
News
9 May, 2018
German firm forecasts sales of EVs and plug-in hybrids will top 800,000 a year by 2025 in multi-billion-pound electric push
Toyota's operating profit surged 43 percent in the latest quarter as cost cutting, lower selling outlays and falling warranty expenses offset unfavorable foreign exchange rates and helped pilot the automaker to a record full-year net income.
Toyota profit surged 43 percent in the latest quarter as cost cutting, lower incentives and falling warranty expenses offset unfavorable foreign exchange rates and helped pilot the automaker to a record full-year net income.
Opinion
9 May, 2018
With news of new EVs flooding in, Steve Fowler sees an exciting future for both electric cars and internal combustion
German Chancellor Angela Merkel sees an increased chance of German automakers establishing battery production for EVs in Europe.