NEWS

VW Knew of U.S. Diesel Emission Problem More than a Year Ago

10/7/2015

Michael Horn, who heads Volkswagen AG operations in the U.S., is set to tell Congress on Thursday he was told in spring 2014 that some of VW's diesel-powered cars faced emission compliance issues.

New Camaro Adds Performance Kits

10/7/2015

Want to trick out your new Camaro? General Motors Co. plans to offer a range of performance parts and accessories for the all-new Chevy pony car when it goes on sale later this year.

New VW Chairman Asks for Patience on Diesel Emissions Scandal

10/7/2015

Hans Dieter Poetsch, who as expected was named chairman of Volkswagen Group on Wednesday, says it will take time to determine who was responsible for rigging some of the company's diesel engines to cheat emission tests.

Latest M Performance Bimmer Kicks Out 493 hp

10/7/2015

BMW AG has unveiled the production version of its high-performance M4 GTS coupe, which was previewed in concept form at California's Pebble Beach Concours d'Elegance this summer.

Maserati Trims Production

10/7/2015

Fiat Chrysler Automobile NV's Maserati luxury car unit will suspend production during the first week of November to match slower sales, according to Italy's FISMIC labor union.

Senate Probes Tax Credits for VW’s “Clean” Diesels

10/7/2015

A U.S. Senate panel is investigating whether Volkswagen AG committed tax-credit fraud by promoting the fuel efficiency of cars equipped with diesel engines configured to cheat on federal emission tests.

OPEC Predicts Sharp Drop in Oil Investment

10/7/2015

The oil industry will cut its spending 22% to $521 billion this year, predicts the Organization of the Petroleum Exporting Countries.

New Subaru Concepts on Tap for Tokyo Show

10/7/2015

Fuji Heavy Industries Ltd. will take the wraps off two new Subaru concept cars the Impreza 5-Door and Viziv Future at this month's Tokyo auto show.

FCA, Ford Target Disgruntled VW Customers in Europe

10/7/2015

Fiat Chrysler Automobiles and Ford are offering sales incentives specifically for current Volkswagen customers in Europe in a bid to lure owners disgruntled by VW's diesel emission test scandal.

Goodyear to Shutter 88-Year Old Tire Plant in U.K.

10/7/2015

Goodyear Tire & Rubber Co. has confirmed it will close its sole factory in the U.K., an 88-year-old facility in Wolverhampton.