Thousands of European companies operating in China are ready vehicles to promote the sales of European products and services in the country.
Rigging of diesel cars could cause around 60 deaths in the US by the end of next year, according to research by Harvard and MIT.
European markets closed sharply higher on Wednesday, as investor sentiment was boosted by earnings and a sharp rebound in oil prices.
U.S. stock index futures pointed to a higher open on Wednesday ahead of a statement from the Fed this afternoon and more earnings.
Volkswagen made an operating loss of $3.84 billion in the third quarter, as a scandal over falsifying its diesel emissions knocked the company.
Squawk Box Live had analysis on Apple's earnings, a look-ahead to the Federal Reserve's rate decision and updates on Volkswagen's earnings.
Herbert Diess apologized for the automaker's emissions-cheating scandal and said it will delay the launch of a diesel vehicle in Japan.
The VW investigation is also looking into managers who knew of the deception and failed to take appropriate measures, the NYT reports.
Political and social crises are hampering Europe's recovery. And even though they may have risen separately, they're increasingly interlinked.
The recall of potentially defective Takata airbags, one of the largest auto recalls in U.S. history, may grow even larger, the NYT reports.
It takes drivers up to 27 seconds to return to full attention after using voice commands to make a call, turn on the radio or perform other tasks.
Volkswagen may have to set aside more than the $7.4 billion it has so far allocated to cover the costs of an emissions scandal if car sales suffer.
65 percent of Germans believe Volkswagen still builds “outstanding” cars and that the emissions scandal was overdone, a recent survey finds.
Former Volkswagen CEO Martin Winterkorn is stepping down as head of Porsche, which technically controls a majority in the German automaker.
Volkswagen said Thursday it will recall about 8.5 million vehicles in Europe.
Volkswagen said it would recall around 8.5 million diesel-engine cars in the European Union.
The man Volkswagen lined up less than three weeks ago to head its North American business resigned on Wednesday.
European equities ended in the red on Wednesday, as investors failed to shake off concerns over the economic slowdown in China.
European stocks closed in the red on Tuesday as investors failed to shake off fresh concerns of a slowdown in China's economy.
Leonardo DiCaprio is keen to take the drama unfolding around Volkswagen's emissions scandal to the silver screen, according to reports.