Stocks Volkswagen AG

More

  • The previous record for registrations in Britain was set in 2003 when 2.58 million new cars were sold. Car sales in Britain, Europe's second-biggest auto market after Germany, fell sharply after the 2007-8 financial crisis but have gradually recovered, returning in 2014 to pre-crisis levels at 2.48 million. British consumers have benefited from low interest...

  • VW likely to buy back 115,000 US cars: Report Thursday, 7 Jan 2016 | 3:37 AM ET
    Volkswagen

    German automaker assumes it will have to buy back about 115,000 cars in the U.S. due to the emissions scandal, according to a newspaper report.

  • LAS VEGAS, Jan 6- Mobileye NV wants to convince automakers that join its project to create crowd-sourced maps to share their data, creating a constantly updated, global digital map to guide self-driving cars, Chairman and Chief Technology Officer Amnon Shashua said Wednesday. The announcement sent Mobileye shares up sharply Wednesday. On Thursday, the U.S....

  • BERLIN, Jan 7- German automaker Volkswagen AG assumes it will have to buy back about 115,000 cars in the United States as a result of the emissions scandal, a newspaper reported on Thursday. The U.S. Environmental Protection Agency said on Wednesday that "recall discussions with the company have not produced an acceptable way forward. EPA continues to insist that...

  • BUENOS AIRES, Jan 6- Vehicle production in Argentina slumped 12 percent in 2015, the ADEFA association of car makers said on Wednesday, hurt by a sharp fall in demand from recession-hit Brazil and an artificially strong peso. Brazil is the No. 1 buyer of Argentine car exports. Leading firms operating in Argentina include General Motors, Ford Motor Co, Honda Motor Co...

  • SAO PAULO, Jan 6- Auto sales in Brazil are expected to fall in 2016 for the fourth year in a row, national dealership association Fenabrave forecast on Wednesday, accumulating a 36 percent drop since 2012 as the country plunges deeper into recession. President Dilma Rousseff is looking for ways to stimulate Brazil's ailing economy without relaxing her...

  • Automakers strike back at Silicon Valley disruptors Wednesday, 6 Jan 2016 | 1:16 PM ET

    GM's move and others underscore Detroit's determination to battle Silicon Valley for dominance of clean urban transport. Ford Motor Co used this week's Consumer Electronics Show in Las Vegas to announce that Toyota Motor Corp, the No. 1 global car maker, will use Ford software to connect smart phones to dashboards and join Ford in promoting that...

  • Europe ends down 1.3% on geopolitics; Brent slips 5% Wednesday, 6 Jan 2016 | 11:54 AM ET
    A sales assistant watches TV sets broadcasting a news report on North Korea's nuclear test, in Seoul, January 6, 2016.

    European markets closed sharply lower on Wednesday after geopolitical risks increased uncertainty among investors.

  • VW accelerates its driverless car push Wednesday, 6 Jan 2016 | 7:44 AM ET
    Volkswagen Passenger Cars CEO Dr. Herbert Diess speaks at CES 2016 next to the Budd-e electric van.

    Volkswagen has stepped up its pursuit of driverless cars as it looks to put the diesel emissions scandal behind it.

  • The following are outcomes of past cases brought by the EPA against car and truckmakers:. The penalty was based on their sales of more than 1.2 million vehicles that collectively would emit approximately 4.75 million metric tonnes of greenhouse gases in excess of what the automakers certified to the EPA. TOYOTA 2003: Japan's Toyota Motor Corp settled a case...

  • *Announces new partnership with Israeli firm Mobileye. Jan 5- The head of Volkswagen AG's top-selling brand said on Tuesday he is confident the German automaker will reach agreement with U.S regulators to bring nearly 500,000 diesel vehicles into compliance with U.S. emissions laws. "We are confident we will find an acceptable solution," VW brand chief Herbert...

  • LAS VEGAS, Jan 5- Automakers, not technology companies, are in the driver's seat in developing self-driving, "autonomous" cars, and Japan's Toyota Motor Corp is best positioned to lead the way, according to a new report on patents for the fast-evolving technology. As automakers enter agreements with Silicon Valley companies to develop self-driving cars, Tesla...

  • DETROIT, Jan 5- Automakers on Tuesday set a new U.S. sales record for 2015 even as December sales fell short of expectations, and most forecasters said the new year will be even better. For full year 2015, U.S. sales hit a record of 17.47 million vehicles, breaking the mark of 17.41 million vehicles in 2000, according to Autodata Corp, as low gasoline prices, easy credit...

  • LAS VEGAS, Jan 5- Automakers, not technology companies, are in the driver's seat in developing self-driving, "autonomous" cars, and Japan's Toyota Motor Corp is best positioned to lead the way, according to a new report on patents for the fast-evolving technology. As automakers enter agreements with Silicon Valley companies to develop self-driving cars, Tesla...

  • Europe ends higher despite China concerns; VW slips 4% Tuesday, 5 Jan 2016 | 11:53 AM ET

    European markets finished higher on Tuesday, as global sentiment regained some ground after steep falls in the previous session.

  • *VW could face fines in theory reaching $90 billion. WASHINGTON/ FRANKFURT, Jan 5- The U.S. Justice Department has sued Volkswagen for up to $90 billion for allegedly violating environmental laws- five times regulators' initial estimate and a reminder of the carmaker's problems nearly four months after its emissions scandal broke. VW could face fines of as much as...

  • Jan 4- Nissan Motor Co will start selling the new Kicks crossover in Latin America this year, Chief Executive Carlos Ghosn announced on a Monday visit to the plant in Brazil that will produce the vehicle. Nissan's plans to hire come after carmakers in Brazil cut nearly one in 10 workers last year, deepening the industry's worst crisis in decades as auto sales...

  • WASHINGTON, Jan 4- The U.S. Justice Department on Monday filed a civil lawsuit against Volkswagen AG for allegedly violating the Clean Air Act by installing illegal devices to impair emission control systems in nearly 600,000 vehicles. The allegations against Volkswagen, along with its Audi and Porsche units, carry penalties that could cost the automaker...

  • WASHINGTON, Jan 4- The U.S. Justice Department on Monday filed a civil lawsuit against Volkswagen AG for allegedly violating the Clean Air Act by installing illegal devices to impair emission control systems in nearly 600,000 vehicles. The allegations against Volkswagen, along with its Audi and Porsche units, carry penalties that could cost the automaker...

  • The allegations in the lawsuit carry penalties that could cost Volkswagen billions of dollars, a senior Justice Department official said. "The United States will pursue all appropriate remedies against Volkswagen to redress the violations of our nation's clean air laws," said Assistant Attorney General John Cruden of the environment and natural resources...