Dec
11th
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Volkswagen says it has asked 2,000 Group employees to hold onto data as the continuing maelstrom surrounding its emissions scandal continues to swirl.
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Dec
11th
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Eleventh-hour talks to resolve a power struggle over French government influence at Renault are making headway, sources said, ahead of a deadline today set by the carmaker and its alliance partner Nissan.
Dec
11th
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Renault has reached agreements with Nissan and the French government to end an eight-month dispute over increased state influence on the carmaking alliance.
Dec
11th
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Dec
11th
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Jaguar Land Rover said today it will start production in 2018 at a new $1.5 billion factory in Slovakia. The plant will produce a range of aluminum Jaguar Land Rover vehicles, the automaker said.
Dec
11th
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The new Opel Astra will move into second place in Europe's volume compact segment next year and take sales from the top-selling VW Golf, analysts believe. Renault will also get a boost from the new Megane.
Dec
10th
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The EPA and California Air Resources Board approved the sale of the new 2016 BMW diesel X5 after government testing found no evidence of software to evade emissions standards.
Dec
10th
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Ford plans to invest $4.5 billion on electrified-vehicle technology over the next five years and more than triple the number of global nameplates it offers as a plug-in or hybrid, despite weak sales of such vehicles today.
Dec
10th
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Jaguar Land Rover reached an agreement with Slovakia on the construction of a new factory with a production capacity of 300,000 cars a year, the country's government said.
Dec
10th
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If financier Carl Icahn acquires Pep Boys for $863 million, it will give a big boost to his aftermarket retail chain Auto Plus, but not so much for another Icahn asset, Federal-Mogul Holdings.
Dec
10th
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VW said today that engineers installed illegal emissions software in 2.0-liter diesels sold in the U.S. after finding it initially 'impossible' to meet tough U.S. limits on nitrogen oxide emissions legally.
Dec
10th
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Two popular Porsche sports cars, the six-cylinder Boxster and Cayman, will be getting downsized four-cylinder turbo engines. And, starting next year, they'll be marketed as the 718 Boxster and 718 Cayman.
Dec
10th
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Fiat Chrysler said today it will pay a $70 million fine for failing to report claims of death and injury to U.S. safety regulators.
Dec
10th
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General Motors said it is buying wind energy to power production of some its biggest SUVs at a factory in Texas.
Dec
10th
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Automotive electronics supplier Visteon today announced a $1.75 billion special cash distribution to shareholders and a stock buyback program of up to $500 million.
Dec
10th
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Volvo Trucks North America's decision to cut the workforce at its Virginia truck plant by around 25% in February 2016, is likely to send shivers through the entire North American heavy truck manufacturing sector. It is also a somewhat unfortunate baptism for Martin Lundstedt, the former president and CEO of major rival Scania, who replaced Olof Persson as Volvo president and CEO on 22 October.
Dec
10th
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Toyota has set an annual sales target of up to 350,000 units per year for the newly-launched Prius hybrid car. The car is now in its fourth generation, with cumulative global sales of 3.6m units since it was first launched in 1997.