Ferrari is renaming its FF four-seat coupe as the GTC4Lusso and adding rear-wheel steering to boost the appeal of a model launched five years ago as a practical ultraluxury sports car aimed at wealthy families.
Volkswagen named company veteran Hans-Joachim Rothenpieler as head of group quality assurance, replacing Frank Tuch who held the job for six years and, according to sources, was suspended amid the automaker's emissions scandal.
VW's emissions-cheating software has not directly been responsible for any deaths, yet the U.S. Justice Department may treat it more harshly than General Motors and Toyota, two automakers whose vehicles have killed people.
Volkswagen will offer generous compensation packages for the roughly 600,000 U.S. owners of diesel vehicles that emit an illegal amount of emissions, Ken Feinberg, the head of its claims fund, told a German paper.
Volkswagen said it will publish its annual results as soon as April and may hold its annual shareholders' meeting in early June, four to six weeks later than scheduled as the company determines the financial fallout from the diesel emissions scandal.
Intense lobbying by Europe's car manufacturers helped to save a compromise that will let automakers exceed EU pollution targets for now, but the narrowness of their victory shows that politicians are running out of patience.
German supplier Osram is equipping BMW 7-series sedans with laser headlight modules, marking a move to the mass-market for the technology, which is already available on BMW's i8 plug-in hybrid suprcar and Audi's R8 LMX sports car.
Fiat Chrysler has lured former Ferrari chief engineer Roberto Fedeli back from BMW as the automaker faces technical challenges that have delayed the Alfa Romeo Giulia and Maserati Levante launches. Fedeli will be chief technical officer for both Alfa and Maserati.
Volkswagen is launching an advertising campaign in Europe this month that will also roll out globally aimed at winning back trust and sales lost through its diesel emissions-cheating scandal. The campaign drops the slogan "Das Auto" previously used by the automaker in its marketing.
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Renault-Nissan said global sales of battery-powered vehicles rose 2.5 percent to a record 84,754 last year even though there was a slowdown in demand for the Nissan Leaf, the world's best-selling electric vehicle.
The European auto industry ended last year with strong gains in shareholder value across the board at automakers, suppliers and retailers, according to the latest Automotive News Europe/PricewaterhouseCoopers Transaction Services Shareholder Value Indices.
PSA/Peugeot-Citroen plans to cut the night shift and 850 jobs at its Poissy factory near Paris to adapt to lower output levels as production of the Citroen C3 is moved to Slovakia next year, Reuters reported.
Bentley is hatching plans to introduce a sportier, coupelike version of the Bentayga, the brand's first SUV. Bentley CEO Wolfgang Duerheimer said advance design and engineering work on a performance-enhanced, fastback Bentayga variant are under way, though the program still needs formal approval.
Continental said five million vehicles need to be recalled to fix their airbag control units, adding to the challenges for an auto industry already struggling to replace millions of faulty airbags made by Takata.
VW brand’s UK car sales fell 14 percent in January, the fourth consecutive monthly drop since the automaker admitted cheating in diesel emissions tests. Total new-car registrations rose nearly 3 percent, making it the market's best January since 2005.
Automakers won their fight for a diluted EU plan for testing NOx emissions of cars under real-driving conditions. The plan today cleared the final hurdle in the European Parliament, defying calls for more radical reform following Volkswagen's test-cheating scandal.
More and more Porsche, Bentley and Rolls-Royce cars are appearing on Russian roads as wealthy buyers take advantage of a weak ruble that means luxury cars are considerably cheaper in Russia than in the U.S.
General Motors posted pretax profit of $10.8 billion for 2015, including $2.8 billion in the fourth quarter. The automaker reduced its losses in Europe by more than 40 percent to $800 million for the full year.
Kia plans to launch its first sports sedan next year to take on the BMW 4 series and Audi A5, Reuters reported, as the brand seeks to burnish a sporty, younger image as larger sibling Hyundai builds up its premium offerings.
VW, Skoda and Seat sales fell last month in Germany in a market where total registrations rose 3.3 percent. VW brand sales declined by 8.6 percent in a sign that the automaker's diesel scandal may be deterring buyers.
Chancellor Angela Merkel's government is pushing for an agreement within the next month together with German automakers to boost electric car sales in the country as demand for EVs fails to take off in the market.