Volkswagen shares had plunged more than 20 percent today, their biggest one-day fall, after the German carmaker admitted it had rigged emissions tests in the United States, and U.S.
Subaru, straining to meet record U.S. demand, will invest $140 million to expand annual production capacity by 100,000 vehicles at its sole U.S. plant.
News
22 Sep, 2015
Rolls-Royce has launched the Wraith - History of Rugby to coincide with the start of the 2015 Rugby World Cup
Johnson Controls is remaining coy as to how many of its 3,000 redundancies announced today (21 September) will be automotive related.
It didn't add up. The Volkswagens were spewing harmful exhaust when testers drove them on the road. In the lab, they were fine.
Two senior Volkswagen executives cancelled a planned appearance at a media event scheduled today to introduce the re-engineered 2016 Volkswagen Passat midsize sedan.
Johnson Controls has announced that it is planning to reduce its global salaried workforce by as many as 3,000 people, or 2.5% of total employees, through initiatives designed to ultimately deliver up to $250 million in annual cost savings. It said the reductions will take place over the next two years.
Audi's advertising pitches under the banner "Truth in Engineering" have come under fire after Volkswagen Group admitted to violating U.S. emissions rules.
The German government says that automakers will be expected to pass on relevant data to its transport authority to determine whether emissions data may have been falsified in Germany and Europe.
The German government says that automakers will be expected to pass on relevant data to authorities in order to determine whether emissions data may have been falsified in Germany and Europe. The call comes after a U.S.
Monday is barely half over here in Europe and just starting on the east coast of the US - where news of the scandal broke on Friday night our time - and already it's looking like the timing of the EPA's announcement, and the fast-growing fallout therefrom, could not have come at a worse time for Volkswagen and, especially, its CEO Martin Winterkorn.
Newly-formed ZF TRW says the structure of the company will almost inevitably change in the next few years as the integration of the two supplier giants beds down, but maintains it is not mainly concerned with cost savings.
Leoni has signed a joint venture (JV) deal with China's Beijing Hainachuan Automotive Parts (BHAP), a subsidiary of state-owned Beijing Automotive Industry Corporation (BAIC). The Chinese State-owned Assets Supervision and Administration Commission (SASAC) approved the JV.
News
21 Sep, 2015
Vauxhall celebrates Astra anniversary by creating Union Jack with 128 cars
Industry and policymakers are planning closer cooperation in the future in order to improve cybersecurity. To this end, Volkswagen, Allianz, BASF and Bayer intend to establish the 'DCSO Deutsche Cyber-Sicherheits organisation (German Cybersecurity Organisation). This competence centre is to operate as the preferred cybersecurity service provider for companies in Germany.
ZF has introduced clutch-by-wire (CBW) that, it claims, for the first time, controls the clutch independently of the driver's left foot and without a mechanical connection to the pedal. This adds functions to manual systems that were previously reserved for automatic or automated transmissions - particularly fuel-minimising coasting.
Metaldyne is expanding its Bluffton, Indiana, US, plant by 37,000 square feet. The building addition will support several future transmission-related programmes through the supply of ready-to-assemble differential assemblies and aluminium valve bodies.
Honda Cars India (HCIL) has announced it will voluntarily replace airbag inflators in 223,578 previous generation CR-V, Civic, City and Jazz vehicles as part of the automaker's preventive global recall campaign.
The first customer-ready, updated, Ranger pickup truck has come off the production line at Ford's assembly plant in Silverton, South Africa.
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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