DETROIT/ WASHINGTON, Oct 7- A popular diesel engine management program used by several top automakers, including Volkswagen AG, was not preprogrammed to detect when a vehicle was undergoing laboratory emissions testing, according to the U.S. Environmental Protection Agency and a former EPA official. Daimler AG's Mercedes-Benz, which uses the same engine...» Read More
Online used car marketplaces are seeing a significant upswing in activity surrounding used Volkswagen diesel vehicles.
South Korea said Volkswagen's local unit informed the government it could recall about 120,000 vehicles in the country.
The daughter of Paul Walker, who died in a car crash involving a Porsche sports car, filed a wrongful death lawsuit against the car company.
Chinese taxi-hailing app Didi Kuaidi said it has invested in India's largest ride-hailing app, Ola, according to Reuters.
Volkswagen's own staff and one of its suppliers warned about emissions test cheating years ago, according to German newspapers.
Are there U.S. stocks exposed to the Volkswagen emissions scandal?
*U.S. agency EPA says to widen probe to other carmakers. Germany, alarmed at the potential damage the scandal could inflict on its world-beating car industry, urged Volkswagen to fully clear up the matter and said it would investigate whether emissions data had also been falsified in Europe. The EPA and California officials said on Monday they would test the use...
FRANKFURT, Sept 11- The rise of electric and Internet-connected cars is helping German auto supplier Bosch to win new customers as it branches into areas such as software and services, a board member told Reuters. Leasing companies, car parks and technology companies are among the markets opening up to the business, Rolf Bulander said in an interview on the eve of...
Ten automakers sued over carbon monoxide from keyless ignitions.
Goodyear Tire & Rubber reports 10% drop in its second quarter profit.
AMSTERDAM, July 21- Dutch navigation firm TomTom, which aims to reinvent itself as a supplier of high-definition maps for self-driving cars, posted quarterly results that hammered home how far it has travel to compete with major rival Nokia HERE. With Nokia expected to sell HERE to a consortium of German carmakers, industry experts see TomTom as an alternative...
LONDON, July 15- European private equity firm Apax has hired JP Morgan and UBS to explore a stock market listing or sale of its Italian auto-parts distributor Rhiag, six sources familiar with the matter said on Wednesday. But Apax, which bought the company in October 2013, wants to take advantage of high industry valuations and growing investors' appetite for...
Maria-Elisabeth Schaeffler was moved to tears when 8,000 Schaeffler employees gathered near the family-controlled company's headquarters in 2009 to demand the German government help avert the ballbearing maker's collapse. The previous year, the matriarch and her son Georg had launched Schaeffler's audacious debt-financed takeover of Continental,...
The death toll from defective switches in General Motors' vehicles is raised to 121.
Takata is facing an increasing risk of a cash crunch as the cost of its global airbag recall spirals ever-upwards, analysts warn.
*Car companies use Nvidia's "supercomputer on a chip". DETROIT, May 14- It took Silicon Valley chipmaker Nvidia Corp the better part of a decade to gain acceptance as a global automotive supplier, a lesson for other technology firms hoping to make a similar transition from consumer electronics to car components. Nvidia had a thriving business in supplying...
Brian Johnson, Senior Auto Analyst at Barclays shares the trends in car connectivity and the players set to benefit.
Nearly three years after taking a substantial stake in the auto supplier, Marcato Capital Management is agitating for a breakup.
Nevada's unemployment rate will "drop considerably" should Tesla build a plant near Carson City, says Mayor Bob Crowell.
China's recent anti-monopoly law enforcement may be less about targeting foreign companies than combating another potential threat: income inequality.