The luxury brand will not appeal the fine, and it said the penalty will have a significant impact on its annual earnings.
'Dieselgate' has cost Audi an EUR800m fine in Germany related to its V6 and V8 engines.
Terrafugia, a U.S. flying-car developer owned by Chinese automaker Geely, has begun taking orders for its first product, the Transition, a two-seat aircraft that can switch between driving and flying modes in less than one minute.
Audi has been fined 800 million euros ($927.12 million) by German prosecutors for violations tied to V-6 and V-8 diesel engines that did not conform to anti-pollution standards.
Audi has been fined 800 million euros ($927.12 million) by German prosecutors for violations tied to V-6 and V-8 diesel engines that did not conform to anti-pollution standards.
News
16 Oct, 2018
Safety chiefs say Government’s £100 million scheme will dramatically cut road deaths and injuries over next 20 years
News
17 Oct, 2018
BMW has topped-off its SUV line-up with the luxurious new BMW X7 using technology from the Rolls-Royce Cullinan
The Malaysian new vehicle market plunged by 24% to 31,241 units in September from already depressed year earlier sales of 40,956 units, according to the Malaysian Automotive Association (MAA).
New vehicle sales in Indonesia continued to grow in September, by 6.2% to 93,103 units from 87,696 units in the same month of last year, according to wholesale data compiled by industry association Gaikindo.
Terrafugia, a U.S. flying-car developer owned by Chinese automaker Geely, has begun taking orders for its first product, the Transition, a two-seat aircraft that can switch between driving and flying modes in less than one minute.
Cecilia Malmstrom, the EU's trade chief, said that some of U.S. President Donald Trump's rhetoric was unhelpful while she was trying to make progress in tariff talks and said the bloc would have to respond if Washington imposed tariffs on EU cars.
As the UK government and EU struggle to find agreement on the terms of the UK's exit from the EU next year (in March) - especially with respect to trade arrangements - Ford has warned that a no-deal Brexit would 'severely damage the UK's competitiveness'. The company also said it will take 'whatever action is necessary to protect our business'.
VW CEO Herbert Diess says that Germany's automakers only have a 50 percent chance of remaining leading players in the fast-changing auto industry.
Skoda says it will rename its Rapid compact hatchback the Scala when the new model goes on sale next year. The Scala derives its name from the Latin word for "ladder," -- signifying a step up.
Both Brexit and the USMCA have the potential of redrawing the map when it comes to the complex web of vehicle and component production.
It's been five days since hurricane Michael made landfall as a Category 4 hurricane, but the restoration for the affected dealerships and their communities could take years.
The great promise of automated vehicles is that they will be safer than human-driven ones, but finding the metrics to measure this is a complicated task that has no easy benchmarks.
Shift, the five-year-old app-driven car shopping firm, could give auto retail group Lithia a chance to hedge against auto market disruption by cashing in on an IPO down the road.
Nissan, which operates Britain's biggest car factory in Sunderland, northeast England, reportedly has delayed the start of pay talks with workers until Brexit terms become clearer.
Germany's transport ministry reportedly said it would order about 100,000 Opel vehicles to be recalled as part of an emissions probe, after prosecutors searched the PSA-owned automaker's offices earlier on Monday (15 October).
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