Auto News 5

Bank of America is making a big push into auto lending just as regulators are sending warning signals, losses from auto loans are rising, and rivals are growing more cautious after years of strong returns.

Maxwell Technologies has announced the appointment of Jörg Buchheim as senior vice president and chief sales officer, effective 7 March.

News 3 Mar, 2016

All-electric SUV to be launched in 2018, but Audi is becoming VW Group centre for hydrogen development

News 3 Mar, 2016

After all of the official unveils and press conferences, we take a look at the stuff you might have missed at the 2016 Geneva Motor Show

Bosch is to embark on a huge recruitment programme with plans to take on 14,000 university graduates worldwide this year.

Audi CEO Rupert Stadler has said the automaker this year will spend more than EUR3bn on 20 new or revised models "and push forward with electrification and digitisation". It will also hire an additional 1,200 workers dubbed "experts".

News 3 Mar, 2016

Brexit or Bremain? Research by the SMMT shows over three quarters of its members want Britain in the EU

BMW Group has written to its Rolls-Royce employees to warn about the risks the company would face if the UK votes to leave the European Union at the upcoming referendum, the BBC reported today.

British trade organisation, the Road Haulage Association (RHA), is backing the decision of French authorities to dismantle much of the migrant camp at Calais.

Russia's severe economic crisis may be bad news for car companies selling there, but Datsun - Nissan's value brand for emerging markets - sees an export opportunity arising from the weak Russian currency.

News 3 Mar, 2016

Hot new Audi SQ7 Range Rover Sport rival features electric compressor and 48v power for sub five second 0-62mph time

Audi said operating profit fell 6 percent to 4.84 billion euros last year on costs related to its diesel-emissions scandal and provisions for recalls of vehicles equipped with Takata airbags.

Volkswagen Group's Audi unit gave an early indication of the costs of the diesel scandal to its parent company today, reporting that operating profit last year fell 6 percent to 4.

Volkswagen Group's Audi unit gave an early indication of the costs of the diesel scandal to its parent company, reporting that operating profit last year fell 6 percent to 4.84 billion euros on expenses related to illicit emissions-control devices.

Volkswagen Group said its top management did not violate market disclosure rules and is taking legal action to fend off lawsuits claiming it had been too slow to inform investors about its rigging of diesel-emissions tests.

Volkswagen Group said its top management did not violate market disclosure rules and is taking legal action to fend off lawsuits claiming it had been too slow to inform investors about its rigging of diesel-emissions tests.

Kandi Technologies Group has held a groundbreaking ceremony at the Haikou production facility at Haikou Mei'An Hi-tech Zone in China.

VW says its former CEO Martin Winterkorn was alerted to problems with U.S. diesel-emissions tests in May 2014, but the issue "did not initially receive particular attention at the management levels."