Intel Buying Israeli Car Tech Firm Mobileye For $15 Bn
US computer chip giant Intel has agreed to buy Israeli car technology firm Mobileye in a deal worth more than ...
Tag: Volkswagen
Volkswagen Pleads Guilty In U.S. Court In Diesel Emissions Scandal
Volkswagen AG (VOWG_p. DE) pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a ...
Aleppo Car Lover Aims To Revive His ‘wounded’ Classics
Car enthusiast Mohammed Mohiedin Anis gazes sadly at a 1955 Buick Super, one of his collection of vintage cars "wounded" ...
VW Pleads Guilty In ‘dieselgate’ Case, Ending US Case
German automaker Volkswagen AG on Friday pleaded guilty to criminal charges in the emissions-cheating scandal, closing an important chapter in ...
VW and Tata Agree Partnership To Boost Sales In India
VW and Tata have agreed to form a strategic partnership to help both companies boost economy car sales in India ...
Autos Bosses Focus On Technology Rather Than PSA-Opel
The auto industry is facing seismic changes with the rise of electric vehicles, automated driving and car sharing set to ...
GM Set To Announce Opel/Vauxhall Sale On Monday
General Motors is set to announce a deal to sell Vauxhall and Opel to the French company that owns Peugeot ...
Peugeot Poised To Buy GM’s Opel, Creating European Car Giant
France's PSA Group (PEUP. PA) is set to announce a deal to buy Opel from General Motors (GM.N) on Monday ...
Americans Buy More Trucks, SUVs In February
Americans' strong appetite for light trucks and sport utility vehicles helped drive sales higher in February at some automakers, while ...
VW Eyes Stable 2017 Earnings After Underlying Profit Hits Record
VW expects to post an underlying operating margin of between 6 and 7 percent this year Volkswagen (VOWG_p. DE) forecast ...
The African Politician and Cars
It seems to have a root in the African’s penchant for prestige. The African, yes, not just the Ghanaian. The ...
Peugeot In Talks To Buy GM’s Vauxhall and Opel Business
French carmaker PSA says it is considering taking over General Motors' (GM) European Opel business. PSA - which makes Peugeot, ...
Ghana Can Become An Auto Hub
The Country Director of Stallion Group, Mr Mahesh Mahtani, says Ghana has the potential to become West Africa’s auto manufacturing ...
Despite Diesel Scandal, New Models Coming To US
Despite uproar created by the diesel emissions cheating scandal at Volkswagen, Ford and General Motors are poised to offer new ...
Algeria Buckles Up For Homegrown Auto Drive
Once one of Africa's biggest car buyers, Algeria is embarking on an ambitious programme aimed at replacing hundreds of thousands ...
Toyota Says Weakening Yen Will Help Profits
Toyota says its full-year profits will be better than expected thanks to a pick-up in sales and a boost from ...
Toyota, Suzuki Poised To Unveil Partnership On Monday
Japan's Toyota Motor Corp (7203. T) and Suzuki Motor Corp (7269.T) appeared poised to unveil a wide-ranging partnership on Monday ...
Volkswagen Faces New Front On Emissions Legal Action
Volkswagen faces its first legal action in Germany from a big corporate client over the diesel emissions scandal. Deutsche See, ...
VW, Robert Bosch Agree To Pay $1.55 Billion To Settle U.S. Diesel Claims
Volkswagen AG (VOWG_p. DE) has agreed to pay at least $1.22 billion to fix or buy back nearly 80,000 polluting ...
VW Overtakes Toyota As Biggest Carmaker
Volkswagen has overtaken Toyota to become the world’s best-selling carmaker, the first time the German company has held the position. ...