Volkswagen has told US dealers to halt sales of some 2015 diesel cars after US government regulators found software it designed for the affected vehicles gave false emissions data and ordered a recall of close to a half million cars, the company said on Sunday, announcing it had launched an investigation. In a statement on Sunday, VW CEO Martin Winterkorn said: "I personally am deeply sorry that we have broken the trust of our customers and the public."
Schaeffler plans an initial public offering to pay down debt. The supplier may raise as much as about 3 billion euros ($3.4 billion) in the IPO, sources said.
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The Volkswagen Group could face £12billion fine for installing software on cars that allowed them to cheat NOx tests
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Abraham Schot becomes new Audi chairman on temporary basis following Rupert Stadler's arrest over emissions scandal fears
We're not sure how L.A. reporter and car guy nonpareil David Undercoffler got around to see everything at the massive Frankfurt auto show, but he most definitely did.
Mercedes-Benz is exploring whether to introduce an ultraluxury crossover or SUV, possibly under its Maybach subbrand.
Honda Motor Co., shrugging off the faltering U.S. car market, is aspiring to capture some of the luxury market's enduring magic with its overhaul of the Civic lineup.
Brian Miller is a jeans-and-sneakers guy, running a Manhattan super luxury car dealership that caters to the rich and famous. His secret is hands-on, four-star service to people who expect nothing less.
Cadillac is considering a dramatic move upmarket for its hot-selling Escalade, as Rolls-Royce, Bentley and Maserati enter the premium six-figure market for superluxury SUVs.
Jaguar will announce pricing when a new model is first unveiled as the company attempts to boost sales and gain market recognition.The move is part of Jaguar's effort to boost sales by lower prices or more generous content at existing prices.
It was three years ago when General Motors first declared one of its most important post-bankruptcy goals: to stop losing money by mid-decade in Europe, a region that has drained more than $18 billion from GM's bottom line over the last 16 years.
Why would a cadre of relatively young marketers leave established, top-shelf brands for a daunting reclamation project -- one that even Cadillac's top executives acknowledge could take a decade? In short, they see an unprecedented chance to reboot a...
In June, Hyundai inked a four-year deal with the NFL, replacing General Motors as automotive sponsor of America's most-watched sports league. After a quarter-century of selling cars in the U.S.
Service customers at Capitol Honda in San Jose, Calif., can get a free wash with every visit. They just can't get it at Capitol Honda. Many California businesses have had to make such adjustments as California's drought has worsened.
The UAW accord with Fiat Chrysler likely offers enough in raises and other improvements to ensure ratification by the rank and file, but it notably keeps in place the divisive two-tier system for entry-level workers.
Honda is making a major new commitment to a corporate branding campaign with the launch of a 2-minute, stop-motion ad that takes viewers through a paper-flipping, historical journey of the company's products.
Volkswagen ordered an external investigation after U.S. regulators found software the carmaker designed for diesel cars gave false emissions data, CEO Martin Winterkorn said Sunday, adding he was "deeply sorry" for the violation of U.S. rules.
Masahiro Moro, Mazda's managing director for global sales and marketing, says the automaker has a simple plan to make more money in the U.S. business: Sell more crossovers.
In the end, federal environmental regulators gave Volkswagen an ultimatum: Offer a convincing explanation for why many of its diesel vehicles were spewing more toxic emissions than they did in the test lab or face the loss of EPA certification for...
Newly hired CMO Dean Evans says Hyundai should stand for more than just rational proof points.
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