AutoCanada's net income jumped 31 percent in the first quarter from a year earlier, even as revenue and vehicle sales at Canada's only publicly held dealership group declined.
Former Volkswagen CEO Martin Winterkorn was charged in federal court in Detroit with conspiring to mislead regulators about the German automaker's diesel emissions cheating.
Former VW CEO Martin Winterkorn was charged in federal court in Detroit with conspiring to mislead regulators about the automaker's diesel emissions cheating.
Anheuser-Busch said it reserved up to 800 hydrogen-fueled semi-trucks from Nikola Motor Company as part of plans to convert its dedicated long-haul fleet to renewable powered trucks by 2025.
A few hours after Elon Musk berated analysts for what he perceived as unimaginative questions, VW said it was writing a check for batteries that almost match Tesla's entire market value.
Volkswagen said a hearing for which is seeking testimony from CEO Herbert Diess is "not necessary." VW has been corresponding with the committee since the request.
Volkswagen said a hearing for which is seeking testimony from CEO Herbert Diess is "not necessary." VW has been corresponding with the committee since the request.
Adient reported a net loss of $168 million for its latest quarter, compared with a net profit of $190 million last year, dragged down by a restructuring charge for the company's seating business.
Data released by ACEA shows that Q1 sales of diesel engine passenger cars (1,574,333 units) in the European Union declined by 17% on last year's pace. Diesel sales are continuing to fall across the region amid uncertainty concerning future regulatory regimes in the wake of adverse publicity for diesel related to toxic emission levels and VW's dieselgate affair.
General Motors is using new, advanced software design technology to introduce the next generation of vehicle light weighting. It said the technology was key to developing efficient and lighter alternative propulsion and zero emission vehicles.
New-car registrations in Spain increased 12.3 percent in April, with Toyota, Hyundai and Kia among the winners while Ford and Opel saw sales decline.
News
3 May, 2018
New D275 arrives to bolster Velar’s six-cylinder options, alongside revised safety tech
Lear says it will close a seating plant in Ontario after union members there rejected the latest tentative contract offer by 94 percent on May 1.
The Toyota Research Institute plans to open a closed-course testing facility to develop autonomous vehicles in October at the Michigan Technical Resource Park in Ottawa Lake, Mich.
The Toyota Research Institute plans to open a closed-course testing facility to develop autonomous vehicles in October at the Michigan Technical Resource Park in Michigan.
Geely's Volvo Cars' boosted sales in April 12.2% year on year with growth in all main markets helped by new model launches.
Germany has leapfrogged Norway as Europe's biggest market for electrified cars, a sign consumers are warming to the technology just as VW and Daimler ready models to take on Tesla.
VW brand continued to recover in its German home market last month with a 15 percent increase in registrations in a total market up 8 percent.
News
3 May, 2018
EV company reveals record losses, but claims the business will be profitable later this year
Volkswagen is considering spinning off non-core assets such as motorcycle maker Ducati and transmissions maker Renk, its new chief executive has said, as the group seeks to boost its efficiency and become more nimble.
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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