Opinion08

VW pleads guilty, agrees to $4.3 billion settlement; five more executives charged

UPDATED: 1/11/17 3:15 pm ET - adds ongoing probe on execs

Volkswagen took a major step toward resolving one of the darkest chapters in its history Wednesday, pleading guilty to an emissions-cheating scandal and agreeing to pay $4.3 billion in criminal and civil charges as the U.S. announced charges against five new individuals in Germany.

Analyst sees later peak, but 'limited upside' for auto sales

Automakers should begin preparing for a market downturn even as new-vehicle sales rise to 18 million units by 2018, Bank of America Merrill Lynch

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Suppliers to the new Mercedes C-class Coupe

Assembly of the second-generation Mercedes-Benz C-class Coupe began in Bremen, Germany, in October 2015. Output is expected to peak at more than 80,000 units this year, according to IHS Automotive.

N.J. law would restrict use of starter-interrupt devices

The New Jersey Legislature has passed a bill that imposes disclosures and restrictions on the use of starter-interrupt devices, which auto lenders sometimes require be installed in vehicles when they approve loans to consumers with poor credit.

Germany prepares for 'rough ride' under Trump

Germany will need a new economic strategy geared toward Asia should the new U.S. administration start a trade war with China, Vice Chancellor Sigmar Gabriel said on Friday, warning against protectionism hours after President Donald Trump was sworn in.

VW joins Ford, BMW to offer Amazon's 'Alexa' voice service

Volkswagen will offer the first embedded application of Amazon's Alexa voice service in a vehicle, as the growing focus on network-connected appliances and other home devices inspires collaborations between automakers and technical service providers.

BMW design boss Habib is quitting automaker

BMW's design boss, Karim Habib, is leaving the automaker, a company source said. Habib's departure follows the exit of two other key designers, exacerbating a period of upheaval in BMW's design department.

BMW plans more purchasing with Daimler, report says

BMW plans to expand its cooperation with Daimler in purchasing components, the automaker's new head of purchasing, Markus Duesmann, told a German newspaper. BMW will have to alter its procurement to meet the trend for EVs and autonomous driving, Duesmann also said.

Another round of Takata airbag recalls filed by 13 automakers

More than a dozen automakers this week recalled another 652,000 vehicles with Takata airbag inflators in the U.S. to replace front passenger inflators as the largest callback in the history of the auto industry continues to cascade through the regulatory process.

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