A Volkswagen logo is seen at Serramonte Volkswagen in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam ... plan could herald spin-off for car parts: analysts BERLIN - Volkswagen’s plan to cut costs by creating a new car parts business could unlock funds for its move to electric vehicles and herald an
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Nigeria plans finance scheme for new car buyers
Diesel Cars Adored by Austrians Drive Into Electoral Fray
Oct. 15 election may usher in government that extends fuel use Shift to electric mobility risks 300,000 in car industry jobs Vienna (Bloomberg) - The future for diesel-powered cars in Europe may look brighter after Austrians elect a new government on Oct. 15. Austria’s economy has much at stake, with more
Automakers say U.S. fuel economy standards unrealistic, cite costs and consumers
FILE PHOTO: Vehicle at undergoing emissions testing. The risk for automakers is that California, the most populous U.S. state, will withdraw from a 2012 agreement to adhere to the national EPA standard if current standards are weakened. Photo credit: REUTERS WASHINGTON (Reuters) - Automaker trade groups told U.S. regulators they should revise fuel
Renault expects electric cars and emerging markets to boost sales
Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, unveils Renault next mid-term strategic plan during a news conference in Paris, France, October 6, 2017. REUTERS/Charles Platiau PARIS (Reuters) - French carmaker Renault expects a first-mover advantage in electric cars and a wider range of vehicles for emerging markets to help
VW brand September sales hit record on strong demand in China, Americas
BERLIN (Reuters) - Volkswagen (VOWG_p.DE) on Friday reported the highest-ever September sales result for its core namesake brand, with global registrations up 8 percent year-on-year to 593,700 vehicles. Nine-month deliveries of VW’s largest division by sales and revenue rose 2.7 percent to 4.49 million autos, with gains in China and the
Boeing To Acquire Aurora Flights Services
Proposed acquisition could pave way for fleets of pilotless flying taxis Boeing Co. on Thursday said it plans to acquire Aurora Flight Sciences Corp., a maker of aerial drones and pilotless flying systems in a move the company said could pave the way for fleets of small flying taxis. Virginia-based Aurora is
Kenyans Turn To Importing Cheap Cars
Volkswagen, Porsche Recall 135,000 More Vehicles Over Fire Hazard
Porsche and Volkswagen are recalling about 135,000 sport utility vehicles over the danger of a fuel leak, according to documents from the automakers posted on the website of the National Highway Traffic Safety Administration. The actions mean Volkswagen and its corporate relations –Audi and Porsche – have recalled about 278,000 vehicles in the last
Why Ford is betting on trucks, SUVs to invest in future
In order to prepare for the future, Ford will embark on a plan to bolster its bread-and-butter business of selling lucrative trucks and SUVs. CEO Jim Hackett, who took over America’s second-largest automaker in May, laid out his vision for the future Tuesday evening during a presentation to investors. But much