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A German court has upheld a ban on diesel-powered vehicles in major cities in what could be a major blow to sales in Europe's biggest car market.
VW shares surged in Frankfurt Monday after the group revealed main brand investment details after vowing a push to electric vehicle sales in China last week.
Tesla has first-mover advantage with electric cars yet again, this time apparently with a 100% -owned factory planned for Shanghai. Its competitors never learn.
The annual reliability report outlined why new or newly redesigned models could be a bad choice. Plus, they took a jab at Tesla and Tesla jabbed right back.
The German auto maker is trying to transition to a mobility service provider
Daimler is attempting to transition from being an automobile manufacturer to a mobility services provider.
Volkswagen joins General Motors and Daimler in recalling Chinese models with Takata airbags.
Mercedes, Ferrari and Volkswagen all turned heads at the first press event day at the Frankfurt Auto Show.
Mercedes Benz maker Daimler is leading a mini-rally in European auto stocks amid speculation of a change in its corporate structure.
Wall Street set for modest rebound but global market jitters heap pressure on the dollar and boost gold prices.
Volkswagen says that until the end of December drivers with diesel cars made before 2010 will be given discounts of up to $9,050 to trade in their older models for new ones.
U.S. car companies risk missing out as foreign producers ink the necessary partnerships to make new-energy vehicles in China.
Other German carmakers rise on diesel upgrade deal
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Daimler AG (OTC: DDAIY, DDAIF) resulting from allegations that Daimler may have...
Volkswagen sees ROS of between 6% and 7% in 2017.
Mercedes should be proud about this one.
European edge higher as solid earnings extend equity market rally
German automakers skid amid latest scandal
The investment also accounts for the infrastructure needed to complete the project.
Analysts at Berenberg say traditional automakers remain complacent about electric vehicles.
General Motors sales stall amid 'challenging pricing' environment.
While ridership continues to grow rapidly, the stream of scandals could begin to affect its recruiting and partnership efforts.
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