WAP ANE Breaking

Norway's wealth fund files complaint against VW over emissions scandal

June 24, 2016 14:08 CET

Norway's $850 billion sovereign wealth fund, the world's largest, has filed a complaint against Volkswagen as part of a joint legal action over the automaker's emissions scandal.... Read More »

Automakers call for tariff-free trade between UK and EU after Brexit win

June 24, 2016 09:01 CET

Automakers today called for tariff-free trade to be maintained between Britain and the EU after the UK voted for a Brexit, amid warnings that sales and production will be hit in Europe's second-biggest auto market.... Read More »

VW Korea exec arrested over emissions manipulation

June 24, 2016 11:55 CET

South Korea prosecutors arrested an executive at Volkswagen's local unit as part of investigations into whether the automaker violated the country's environmental laws after it admitted to rigging diesel vehicles to cheat on U.S. emissions tests.... Read More »

Audi bets on experience in EV challenge with Tesla

June 24, 2016 11:09 CET

Audi is preparing to challenge Tesla in making electric cars, betting that its decades of experience in designing traditional automobiles will help it trump the Silicon Valley startup.... Read More »

Renault cuts its Nissan stake by 1% to 42%

June 24, 2016 10:39 CET

Renault trimmed its stake in alliance partner Nissan by 1 percentage point to 42.4 percent according to a regulatory filing. The filing did not specify a reason for Renault's sale of the stock.... Read More »

VW to fit filters to clean up gasoline engines

June 24, 2016 06:01 CET

Volkswagen plans to fit particle filters in up to 7 million turbocharged gasoline direct-injection engines starting mid-2017 to help meet future tailpipe emission targets.... Read More »

German investor group to push for independent VW emissions probe

June 23, 2016 14:46 CET

German investors' association DSW will go to court to push for an independent investigation of the diesel emissions test-rigging scandal at Volkswagen after its motion for a probe was voted down at VW's annual shareholders' meeting on Wednesday.... Read More »

Chinese automaker JAC mulls EV factory in Bulgaria

June 23, 2016 10:33 CET

China's JAC Motors is considering opening a factory in Bulgaria as an entry point to Europe for its electric cars. The company would be the second Chinese automaker to build cars in the EU's poorest country after Great Wall.... Read More »

VW shareholder Lower Saxony declines to back Winterkorn, Diess

June 23, 2016 09:06 CET

The German state of Lower Saxony, Volkswagen Group's second-largest shareholder, refused to sign off on the actions last year of former CEO Martin Winterkorn and current VW brand chief Herbert Diess in an unusual public split among the automaker's close-knit owners.... Read More »

PSA finalizes Iran deal in bid to rebuild sales

June 22, 2016 14:40 CET

PSA finalized a joint-venture production deal with state-owned Iran Khodro as it prepares its return to the Middle East's biggest auto market.... Read More »

Nissan CEO Ghosn's pay tops $9 million for second year

June 22, 2016 10:52 CET

Nissan CEO Carlos Ghosn received a 3.5 percent pay rise to take his total compensation to more than $9.58 million for the second straight year after the automaker's profit climbed to a record.... Read More »

Mitsubishi sees first loss in 8 years amid fuel-consumption scandal

June 22, 2016 11:09 CET

Mitsubishi forecast its first loss in eight years after setting aside compensation costs related to manipulating fuel-efficiency ratings and falsifying test data.... Read More »

VW gets approval for fixes on another 1 million diesel cars

June 22, 2016 12:07 CET

Volkswagen CEO Matthias Mueller says the automaker has received regulatory approval for technical fixes on another 1 million diesel cars, mainly Golf models, and expects the number to keep growing.... Read More »

Jaguar Land Rover could face $1.47 billion Brexit hit, report says

June 21, 2016 16:15 CET

Jaguar Land Rover estimates its annual profit could be cut by $1.47 billion if the UK leaves the EU, Reuters reported. The automaker has also looked into opening a continental European office and has delayed starting major work on a plant in Slovakia because of uncertainty about tomorrow’s vote, sources said.... Read More »

JLR's Evoque copycat lawsuit proceeds in China despite patent cancellation

June 21, 2016 15:44 CET

Jaguar Land Rover says China's cancellation of its patent on the Range Rover Evoque will not stop it from going after an alleged Chinese copycat in a separate unfair competition and copyright proceeding.... Read More »

VW says Diess under investigation but it sees no evidence of market manipulation

June 21, 2016 17:22 CET

Volkswagen Group confirmed that prosecutors were probing VW brand chief Herbert Diess as part of an investigation into whether the company violated disclosure and market manipulation rules.... Read More »

PSA will build new Citroen SUV at French plant

June 21, 2016 09:36 CET

PSA will build a new SUV for Citroen in Rennes, France, giving the brand a more distinct offering in a booming segment.... Read More »

BMW seeks partners in race to build self-driving car's brain

June 21, 2016 12:11 CET

BMW is accelerating plans to acquire technology expertise in the form of startups, partnerships with tech companies and talent as it races companies such as Apple and Google to build electronic brains for next-generation autonomous vehicles.... Read More »

Mitsubishi expects annual loss due to mileage-cheating scandal, report says

June 21, 2016 11:21 CET

Mitsubishi Motors expects to post a net loss this financial year over its mileage-cheating scandal as it is hit by compensation costs and a slide in vehicle sales, a report said today.... Read More »

Toyota says Brexit may lead to 10% duties on UK-built cars

June 20, 2016 10:50 CET

Toyota warned that a withdrawal by the UK from the EU may lead to levies of as much as 10 percent on the cars it builds in Britain. Jaguar Land Rover CEO Ralf Speth also warned about a so-called Brexit, saying leaving the EU would be "highly damaging."... Read More »

Nissan to take legal action against Brexit campaign for logo use

June 20, 2016 16:19 CET

Nissan said it would take legal action against the official campaign for the UK to leave the EU after the group used the automaker's logo in leaflets calling for voters to back Brexit on June 23.... Read More »

AvtoVAZ faces challenge from Hyundai, Kia for No. 1 position in Russia

June 19, 2016 06:01 CET

Hyundai and Kia are using the decline of Russia's car industry to boost market share as they maintain production levels and keep prices low during an economic downturn. This is putting pressure on Renault-Nissan's Russian venture AvtoVAZ.... Read More »

BMW says Vietnam is a top growth market as economy expands

June 19, 2016 06:01 CET

BMW said its car sales in Vietnam are expanding at the fastest pace among markets in Southeast Asia as the nation's economic growth spurs demand.... Read More »

Marchionne mulls Maserati electric sports car as Tesla competitor

June 18, 2016 15:43 CET

Fiat Chrysler CEO Sergio Marchionne is considering adding full-electric vehicles to the carmaker's lineup including the Maserati Alfieri sports car and a small city car.... Read More »

VW Group to phase out more than 40 car models, report says

June 18, 2016 21:10 CET

Volkswagen Group will stop producing more than 40 car models as part of a new strategy, a German newspaper reported.... Read More »

 
Recapping Toyota's traumatic loss at Le Mans

Luca Ciferri
12:01 am U.S. ET | June 23 2016

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Toyota was reminded of how cruel motorsports can be when it lost the 24 Hours of Le Mans to Porsche ...
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VW's long day as shareholders quiz management

Christiaan Hetzner
6:40 am U.S. ET | June 22 2016

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As Volkswagen's 56th annual shareholder meeting began there were still long lines of people waiting ...
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Probe overshadows VW's annual meeting

Christiaan Hetzner
7:01 am U.S. ET | June 21 2016

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When VW shareholders gather for their annual meeting it is sure to be a turbulent event, not least b ...
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How Ford's European arm became a money maker again

Luca Ciferri
12:01 am U.S. ET | June 10 2016

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Ford of Europe's 6. ...
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Peugeot offers a two-wheel solution for congested cities

Bruce Gain
9:46 am U.S. ET | June 1 2016

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Peugeot's new 3008 SUV will offer owners a solution to the problem of getting around congested inner cities: an electric bicycle or an electric scooter that can fold up and... ...
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Why Mercedes is overtaking German rivals in China


12:01 am U.S. ET | May 27 2016

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Mercedes which used to be far behind Audi and BMW in China's luxury market, is rapidly closing the g ...
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McLaren goes to new heights with the 570GT

Douglas A. Bolduc
2:45 am U.S. ET | May 26 2016 UPDATED: May 26 15:45 CET -- adds photos

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McLaren went to new heights for the media launch of its latest model. ...
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Germany deserves rebuff from Italy and Fiat

Christiaan Hetzner
10:20 am U.S. ET | May 25 2016

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No European government looks good when it comes to auto industry oversight, but Germany appears to b ...
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Entrusting my life to Audi's self-driving car

Christiaan Hetzner
7:44 am U.S. ET | May 18 2016

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Having entrusted my life to quite a few frightening and potentially defective roller coasters in my ...
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VW pays out high rewards for failure

Christiaan Hetzner
6:15 am U.S. ET | May 17 2016

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UK hedge fund TCI says VW Group's top management together will have been paid about 400 million euro ...
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Newsletters & Alerts
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VW Group sales rise nearly 2% in May, helped by Audi, Skoda gains
Volkswagen Group's global sales rose 1.6 percent in May, helped by rising demand for Audi and Skoda ...
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VW brand sales stable as Europe, China demand offsets drops in U.S., Brazil
Volkswagen brand sales slipped 0.7 percent last month with gains in Europe and China offsetting decl ...
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Russia car sales fall 15% in May
New-car sales in Russia fell 15 percent in May, after an 8. ...
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Western Europe car sales rise 14% in May
Western European car registrations increased 14 percent in May as demand rose last month in Germany, ...
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Mercedes SUVs help boost U.S. sales lead over Lexus, BMW
Mercedes outsold its luxury auto competitors in the U.S. in May, building its lead in a down month t ...
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VW sales in U.S. fall 17% for worst May since 2010
Continued weakness in car deliveries led Volkswagen of America to its worst May U.S. ...
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French car sales jump 22% in May on extra selling days
French registrations rose 22 percent in May, benefiting from three extra selling days. ...
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VW Group sales flat as Audi, Skoda growth eclipsed by core brand's decline
VW Group sales were flat last month as growth at Audi and Skoda failed to offset a decline in delive ...
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European car sales rise 9% in April; VW brand back to growth
European new-car sales rose 9 percent in April with nearly all automakers recording sales increases ...
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Russia car sales fall to 10-year low
New-car sales in Russia fell 8. ...
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VW veteran Powels faces tough task in South America
VW brand named David Powels as head of its South American operations. Powels faces a tough challenge ...
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Faraday names Ferrari exec Mattiacci global brand chief
Electric vehicle startup Faraday Future appointed longtime Ferrari executive Marco Mattiacci to the post of global chief brand and commercial officer. ...
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GM names Boler-Davis head of global manufacturing
General Motors named Alicia Boler-Davis as its head of global manufacturing and labor relations, the ...
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Ford picks VanDyke to be new Europe marketing chief
Ford has picked Matt VanDyke as its new marketing chief in Europe. VanDyke currently leads Lincoln's ...
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Nissan Europe names new product planning chief
Nissan Europe has named Ponz Pandikuthira, its current light commercial vehicle director, as the aut ...
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Porsche names IT expert Koslowski as head of a new digital unit
Porsche named automotive IT expert Thilo Koslowski as head of a newly created digital unit tasked wi ...
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Porsche names IT expert Koslowski as head of a new digital unit
Porsche named automotive IT expert Thilo Koslowski as head of a newly created digital unit tasked wi ...
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Alfa and Maserati get new chief
Reid Bigland replaces Harald Wester as head of Alfa Romeo and Maserati. Bigland will also continue a ...
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Cadillac Europe's chief to lead the brand in China
Andreas Schaaf, Cadillac's European chief, has been appointed the brand's vice president for China, ...
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Tesla taps Audi exec to oversee manufacturing
Tesla hired Audi executive Peter Hochholdinger as vice president of vehicle production. ...
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Suzuki Baleno is company's first model in Europe with fuel-saving mild hybrid
Suzuki has boosted fuel economy in its new Baleno hatchback by using a mild hybrid system for the fi ...
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MG aims first SUV at budget buyers
MG Motor, a Chinese-owned UK brand, is aiming its first SUV, the GS, at families looking for a budge ...
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Maserati expects first SUV to become its best-seller
Maserati is embracing the boom in luxury SUV sales with the launch of its Levante crossover, which t ...
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McLaren aims cozy 570GT at new audience
McLaren says that the 570GT is the first supercar it has produced that was not conceived primarily w ...
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VW Tiguan offers more room, less weight
Volkswagen has made its new Tiguan lighter, roomier and added more technology as standard equipment ...
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Audi SQ7's electric compressor banishes turbo lag
Audi's SQ7 is the world's first production vehicle equipped with an electric powered compressor, whi ...
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F-Pace set to become Jaguar's top-seller
Jaguar expects the F-Pace to become the brand's best-selling model to date after record advance sale ...
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Porsche turbocharges new Boxster
Porsche is repositioning its latest Boxster with a new name, a higher price tag, and a new four-cyli ...
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Toyota counts on big boost from greener, zippier Prius
Toyota expects to solidify its position as the region's leader in hybrid sales with the new Prius, w ...
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High-tech E class pushes Mercedes ahead of rivals
Mercedes-Benz makes a big leap toward self-driving cars with the new E class, which debuts a hands-f ...
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Suppliers to the new Alfa Romeo Giulia
Assembly of the all-new Alfa Romeo Giulia began in March at parent Fiat Chrysler Automobile’s ...
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Suppliers to the new Audi A4
Assembly of the fifth-generation Audi A4 began in July 2015 at Audi's factory in Ingolstadt, Germany ...
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Suppliers to the new Skoda Superb
Assembly of the third-generation Skoda Superb began in April 2015 at Skoda's factory in Kvasiny, Cze ...
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Suppliers to the new Ford S-Max
Assembly of the second-generation Ford S-Max began in May 2015 at Ford's factory in Valencia, Spain. ...
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Suppliers to the new Mercedes GLC
Production of the first-generation Mercedes-Benz GLC began in June 2015 at parent Daimler's factory ...
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