Volkswagen and Audi sold about 482,000 diesel vehicles with illegal emissions control software designed to make their cars appear cleaner in testing than they are in the real world, the EPA charged Friday in ordering a recall of the vehicles.
You might have expected a sombre mood at the Frankfurt show with Chinese market growth down to a trickle, the Russian and Brazilian markets still basket cases, uncertainty in Europe over the economic effects of the migrant crisis and dire warnings about a possible recession in the US, but there was not a hint of it. Auto industry executives, and especially those from the German premium brands, were in buoyant mood, insisting that it would be business as usual.
Mercedes-Benz is to spend US$1.3bn to expand Tuscaloosa SUV production in the US, creating 300 new jobs. The company will turn the plant into a high-tech location, manufacturing and supply chain chief Markus Schäfer said.
Daimler AG will invest $1.3 billion at its Alabama plant to boost production of Mercedes-Benz SUVs, creating an additional 300 jobs.
Features
18 Sep, 2015
The wild, the weird and the wacky - here are the cars from Frankfurt 2015 you might have missed
Volkswagen and Skoda are looking at entering Iran following the country's deal with the West to end sanctions. The move would challenge French rivals in the Middle East's largest car market.
Tesla has built a cult following in the U.S. for its high-powered electric sports cars. But in Europe's biggest car market, consumers are proving harder to convince.
Maserati expects sales to hit a target of 50,000 vehicles next year after it starts production of the Levante SUV.
Renault is sticking to a goal of adding Russian affiliate AvtoVAZ to its books next year, even with the plunge in the country's car market. AvtoVAZ builds and sells Lada cars and is Russia's largest automaker.
Valeo CEO Jacques Aschenbroich said China's auto market is showing signs of recovery and confirmed the company's full-year target of improving on its 7.4 percent first-half operating margin.
Valeo CEO Jacques Aschenbroich said China's auto market is showing signs of recovery and confirmed the company's full-year target of improving on its 7.4 percent first-half operating margin.
Tips & advice
22 Sep, 2015
Maintaining your tyres isn't too hard - as long as you know what to do. Here are our top tips
Kayaba Industry Co. (KYB) has agreed to pay a US$62m fine for its role in a price fixing scheme for shock absorbers for cars and motorcycles sold in the US.
Volkswagen is partnering with German companies to fight cybercriminals. The partners will set up a Berlin-based venture to offer services to identify cyber risks and repel cyber attacks.
Tips & advice
13 Oct, 2015
Here's all you need to know about the age, height, weight and safety laws for child & baby car seats in the UK
Johnson Controls will cut as many as 3,000 salaried jobs over the next two years under an ongoing cost savings program and ahead of plans to streamline and divest its auto interiors business.
GKN says the automotive sector has performed exceptionally well in its contribution to lowering CO2 emissions as speculation centres on whether or not the European Commission could introduce yet tougher regulation.
At the 2015 IAA, we caught up with Ford of Britain's newly-appointed chairman and managing director Andy Barratt. Prior to taking up his new role he had served as Ford of Britain's director of sales since 2011.
At the 2015 IAA, we caught up with Ford of Britain's newly-appointed chairman and managing director Andy Barratt. Prior to taking up his new role he had served as Ford of Britain's director of sales since 2011.
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