VW unit chief questioned by Korean prosecutors over emissions probeSouth Korean prosecutors have questioned the head of VW Group's local unit today in connection with allegations surrounding the fabrication of emissions test results for cars sold in the country. Last week, officials banned sales of 80 VW, Audi and Bentley models and fined the company $16 million for fabricating emission documents to get approval for importing cars.
How Nissan drove the Redi-Go under $4,000The Datsun Redi-Go is off to a strong start in India.
GM's Korea studio 'broke the mold' with BoltGM's South Korean design studio was tasked in 2012 with designing the Bolt, the automaker’s most iconic technological showcase since the Volt hybrid, because of its expertise in bundling big content into small packages. The EV proved to be one of its biggest challenges yet. And in the end, the studio "broke the mold."
Fiat Chrysler may sell Magneti Marelli parts unit to Samsung in $3B deal, report saysSamsung is in advanced talks to buy some or all of the operations of Fiat Chrysler's Magneti Marelli parts unit, Bloomberg reported. The deal could be worth $3 billion and Samsung is particularly interested in the supplier's lighting, in-car entertainment and telematics business, sources said.
Delphi plans to test self-driving cars in SingaporeUPDATED: 8/1/16 8:27 am ET - adds link, photo Delphi Automotive has agreed to form a consortium to operate six self-driving vehicles in Singapore, part of an Uber-style ride-hailing service that will allow the supplier to test its technology on busy city streets.
S. Korea suspends sale of most VW, Audi, Bentley models in emissions probeUPDATED: 8/2/16 6:25 am ET -- adds details South Korea today suspended sales of most Volkswagen AG models in a fresh blow to the German automaker as it struggles to overcome the global repercussions of its emissions-test cheating scandal and rebuild its tattered image.
GM’s bold approach: Stay conservative
Companies normally don't earn respect for the stuff they don't do. But for GM, a pullback from big plans in India is the latest milepost along a path to becoming a more disciplined company.
Mobis wants to crack into North AmericaKorea's biggest supplier, Hyundai Mobis, is determined to break into more North American supply chains and is building the capacity to do it.
Mitsubishi Motors' Q1 operating profit tumbles 75% after mileage-cheating scandalUPDATED: 7/27/16 10:43 am ET - adds details, links Mitsubishi Motors reported a 75 percent plunge in fiscal first-quarter operating profit as domestic sales slumped after it admitted to overstating the fuel economy of some of its vehicles.
Japan's NSK agrees to $34.5 million settlement in price-fixing case
Japanese auto supplier NSK said it has agreed to pay $34.5 million in a settlement stemming from a class-action lawsuit over price-fixing allegations.
GM re-evaluates India investment, new car platform on hold
GM, amid slumping sales and a crackdown on diesel vehicles in India, is re-evaluating its planned $1 billion investment in the country and has put on hold moves to introduce a new car platform as part of a broad reassessment in strategy.