VW CEO says diesel engine refits 'manageable'

1:36 pm U.S. ET | Nov. 23, 2015

The steps needed to fix about 8.5 million Volkswagen cars in Europe fitted with illegal emissions-control software are technically and financially manageable, the German automaker's CEO said today.... Read More »

VW sinks, Detroit 3 rise in buy-sell reports

12:01 am U.S. ET | Nov. 23, 2015

The value of a Volkswagen dealership, already dismal due to low sales in the U.S., has plummeted further following the diesel-emissions scandal, said two buy-sell advisory firms' reports released last week. But the reports gave domestic brand dealerships rising valuations due to low gasoline prices that have spurred truck sales.... Read More »

U.S. escapes unscathed in this round of VW cuts

12:01 am U.S. ET | Nov. 23, 2015

Scandal-plagued Volkswagen Group has cut its global spending plan next year by more than $1 billion, but it spared the ax at its U.S. operations.... Read More »

Bolder Beetle

12:01 am U.S. ET | Nov. 23, 2015

The production version of the Dune, unveiled last week at the Los Angeles Auto Show, is inspired by the Baja Bugs of the 1970s.... Read More »

It's back to basics for Lamborghini

12:01 am U.S. ET | Nov. 23, 2015

Lamborghini, after years of creating supercars that were almost exclusively all-wheel drive, is returning to rear-wheel-drive basics with the debut of the Huracan LP 580-2.... Read More »


Glimpses from a subdued Los Angeles show

12:01 am U.S. ET | Nov. 23, 2015

A look at what was cool about five cars unveiled in Los Angeles.... Read More »


VW mulls ending support for German soccer clubs

Nov. 22, 2015 15:24 CET

German soccer clubs Hannover 96, Werder Bremen and Schalke 04 are on the list of sponsorship deals VW Group is considering dropping to cut costs amid its emissions scandal, a German weekly newspaper reported. VW said no decisions have been made.... Read More »


VW denies report of big sales slump on CO2 confession

Nov. 22, 2015 15:54 CET

VW denied a report on Saturday that its sales have slumped since this month's admission that it had understated the level of carbon dioxide emissions for some cars.... Read More »


VW refuses compensation for European owners of rigged diesels

Nov. 21, 2015 06:01 CET

VW will not offer compensation to European customers who bought a diesel car with "cheat" software, taking a different tack from in the U.S. where the automaker will provide a goodwill package worth $1,000 to affected owners.... Read More »

VW, under deadline, submits fix to 2.0-liter diesel emissions violations

7:45 pm U.S. ET | Nov. 20, 2015

The EPA and California air regulators received an initial proposal from Volkswagen, which faced a Friday deadline, to address emissions violations with the company's 2.0-liter diesel vehicles. Details about the fix were not released and VW officials were not immediately available for comment.... Read More »

VW wins EU deadline extension to detail false CO2 data

Nov. 20, 2015 12:37 CET

The European Union has given VW until the end of the year to clarify its admission that 800,000 of its cars were sold to customers with false CO2 emissions data. The original deadline was Thursday.... Read More »

VW's 3.0-liter diesels under wider scrutiny by EPA, CARB

2:14 pm U.S. ET | Nov. 20, 2015

The EPA said at least 85,000 vehicles from Audi, Volkswagen and Porsche with 3.0-liter diesel V-6 engines contain software allegedly designed to foil emissions tests, substantially widening the number of vehicles believed to be affected by the issue.... Read More »


VW trims 2016 investment budget due to scandal costs

Nov. 20, 2015 13:36 CET

Volkswagen responded to the mounting costs from its emissions scandal by halting work on a design center in Germany and a paint shop in Mexico, and delaying the next Phaeton.... Read More »

VW cuts 2016 capital investment 8% due to cost of fixing emissions cheat

7:32 am U.S. ET | Nov. 20, 2015

Volkswagen today cut 1 billion euros ($1.1 billion) -- or about 8 percent -- from its investment plan for next year, as the German carmaker braces for a multi-billion-euro hit from its emissions cheating scandal.... Read More »

GM won't shy away from diesels, Reuss says

10:46 am U.S. ET | Nov. 20, 2015

GM is moving forward with diesel engines in cars and light trucks despite the potential chilling effect from VW's emissions scandal, GM's product chief said. But GM won't seek to build a diesel base as large as that of VW, which counts on diesel engines for about a quarter of its U.S. sales.... Read More »

CARB chair says VW likely will buy back some diesels

12:07 pm U.S. ET | Nov. 20, 2015

The chief of the California Air Resources Board says Volkswagen “likely” will buy back at least some of the roughly 325,000 VW vehicles using the first generation of its 2.0-liter diesel with emissions-masking software.... Read More »


VW diesel recall may cost much less than expected, magazine says

Nov. 20, 2015 11:51 CET

VW will probably incur much lower costs than expected for recalling 1.6-liter diesel cars fitted with illegal emissions-control software, a German business magazine said.... Read More »

VW names compliance commissioner

Nov. 19, 2015 09:28 CET

VW Group has appointed a compliance commissioner from its Porsche business as the automaker faces increasing pressure from regulators in the U.S. and Europe over its emissions scandal.... Read More »


VW mulls closure of showpiece Phaeton plant, report says

Nov. 19, 2015 17:46 CET

VW may close its so-called "transparent factory" in Germany that builds the Phaeton sedan as the embattled automaker seeks to reduce costs, a report said.... Read More »

U.S. probes Bosch in VW cheating scandal, report says

2:36 pm U.S. ET | Nov. 19, 2015

U.S. authorities are investigating German auto supplier Robert Bosch over its role in Volkswagen's massive scheme to cheat U.S. emission standards, people familiar with the matter told Reuters.... Read More »


VW set to cut investments by 10% to help meet scandal costs

Nov. 19, 2015 19:32 CET

VW is set to announce cuts in capital spending as it prepares for the huge bill to address its emissions-cheating crisis. Analysts expect VW to cut annual spending on factories, models and equipment by 10 percent.... Read More »


VW will shorten investment program timing, report says

Nov. 19, 2015 15:06 CET

VW will abandon its practice of setting a rolling five-year investment budget as it grapples with its emissions-cheating scandal, Bloomberg reported. VW's supervisory board meets Friday to discuss investment cuts as well as potentially shortening its spending plan to three years or less to maintain flexibility, sources said.... Read More »

UAW partners with Germany's IG Metall to push for better U.S. wages, union representation

3:10 pm U.S. ET | Nov. 19, 2015

The UAW and Germany's largest autoworker union, IG Metall, have joined forces to push for improved wages and working conditions at the U.S. plants of German auto and parts manufacturers.... Read More »

U.S. senators urge VW to expand diesel compensation, agree to buybacks

2:02 pm U.S. ET | Nov. 19, 2015

Two U.S. senators today urged Volkswagen to agree to buy back vehicles and offer compensation to drivers of all diesel vehicles that government regulators have charged have "defeat devices" to rig emissions standards.... Read More »


VW faces $72 million lawsuit in Australia over emissions scandal

Nov. 19, 2015 11:46 CET

VW is facing a class action lawsuit in Australia from people who own diesel vehicles caught up in the group's emissions scandal. Lawyers are seeking total damages in excess of $72 million.... Read More »