Some of the names on the move ahead of the open.» Read More
Volkswagen AG is recalling about 850,000 Audi and VW vehicles in the U.S. from model years 2006 to 2014. The letter said most VW and Audi vehicles have air bag inflators made at Takata's factory in Freiberg, Germany, which have not experienced failures like those made in the U.S. and Mexico. But in the EPA case at least, it's likely to bring millions of dollars in fines...
FRANKFURT, Germany— Automaker Volkswagen says global sales rose 3.7 percent in January, held back by sagging economies in Brazil and Russia and by an emissions scandal that hurt figures in the United States. The Wolfsburg, Germany- based automaker saw strong gains in China, where sales rose 14 percent, and more moderate increases in Western Europe.
Volkswagen and Daimler are recalling 1.5 million vehicles in the United States due to potentially faulty airbags made by Takata.
NASHVILLE, Tenn.— The United Auto Workers alleges that Volkswagen has failed to consult with a newly elected maintenance workers union on a range of issues from vending machine prices to out-of-pocket prescription drug costs despite a union victory at the plant in December. "If Volkswagen maintains this position, more and more charges will accumulate and the...
FRANKFURT, Germany— Volkswagen says its quality control chief is leaving the company. Frank Tuch, 48, is being replaced as the company deals with a scandal over diesel vehicles equipped to cheat on emissions testing. Volkswagen is being sued by the U.S. Justice Department over some 600,000 vehicles that turned off emissions controls when not being tested.
The German carmaker said Friday it would give new dates for the earnings release, formerly slated for March 10, and for its shareholder gathering originally set for April 21. The U.S. Environmental Protection Agency is suing the company in federal court over what it says were 600,000 such vehicles. U.S. law firm Jones Day is conducting an investigation into who...
Toyota Motor Corp., the No. 1 automaker in global vehicle sales, reported Friday a 627.9 billion yen profit for the October-December fiscal third quarter, up from 600 billion yen a year earlier. Toyota's vehicle production in Japan will be suspended from Feb. 8 to Feb. 13. Over the three month period through December, Toyota's vehicle sales rose in North America,...
Toyota Motor said it may halt production at domestic plants early next month due to a steel shortage after an explosion at a plant operated by an affiliate.
Major indices around the world have been through a tumultuous month in January with single to double-digit declines to show for it.
Toyota and Suzuki on Wednesday denied a newspaper report they were discussing a potential partnership that could include a capital tie-up.
Gold retreated from a 12-week high as equities and oil recovered from an earlier rout.
Dozens of large shareholders in Volkswagen plan to sue the carmaker, seeking compensation for the plunge in its shares due to its emissions scandal.
Markets finished sharply lower Thursday, as corporate earnings weighed on sentiment and investors struggled to find solace in the oil price pick up.
French carmaker Renault said fraud investigators inspected three of its sites in an emissions probe, news that wiped billions off its market value.
European equities gained on Tuesday, despite continued wariness surrounding low oil prices and China's economic slowdown.
European stocks closed lower Monday, as investors failed to shake off concerns over commodities and China.
Some of the names on the move ahead of the open.
Volkswagen will propose to U.S. authorities a new catalytic converter system that could be fitted to about 430,000 cars.
You may not be able to buy an Apple Car yet, but an Apple Car website could be in the works.
European markets closed sharply lower on Thursday, as further turmoil in China and a turbulent oil environment, rocked investor sentiment.