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VW will offer U.S. diesel scandal customers generous compensation, paper says

Feb. 7, 2016 14:16 CET
Volkswagen will offer generous compensation packages for the roughly 600,000 U.S. owners of diesel vehicles that emit an illegal amount of emissions, Ken Feinberg, the head of its claims fund, told a German paper.

VW may report earnings in April, hold annual meeting in June

Feb. 7, 2016 13:52 CET
Volkswagen said it will publish its annual results as soon as April and may hold its annual shareholders' meeting in early June, four to six weeks later than scheduled as the company determines the financial fallout from the diesel emissions scandal.
2016 GENEVA AUTO SHOW

VW's Seat readies unveiling of its first SUV

Feb. 7, 2016 06:01 CET
VW Group's Seat brand this week will unveil its first SUV as the struggling brand seeks to benefit from a booming segment in Europe.

NEWS ANALYSIS

Automakers survive EU politicians' backlash on emissions for now

Feb. 6, 2016 06:01 CET
Intense lobbying by Europe's car manufacturers helped to save a compromise that will let automakers exceed EU pollution targets for now, but the...

BMW's laser headlights showcase Osram's mass-market goals

Feb. 6, 2016 06:15 CET
German supplier Osram is equipping BMW 7-series sedans with laser headlight modules, marking a move to the mass-market for the technology, which is...

VW sued by fourth U.S. state over excess diesel emissions

Feb. 6, 2016 18:38 CET
New Jersey filed a lawsuit against Volkswagen and its Porsche and Audi units over the automaker's excess diesel emissions, becoming the fourth U.S.

VW delays 2015 results due to open issues on emissions

Feb. 5, 2016 14:34 CET
Volkswagen said its emissions scandal will delay its publication of last year's results, as the automaker struggles to determine the financial impact...

VW launches ad campaign without 'Das Auto' slogan

Feb. 5, 2016 06:01 CET
Volkswagen is launching an advertising campaign in Europe this month that will also roll out globally aimed at winning back trust and sales lost...

Former Ferrari chief engineer returns to Fiat Chrysler

Feb. 5, 2016 11:53 CET
Fiat Chrysler has lured former Ferrari chief engineer Roberto Fedeli back from BMW as the automaker faces technical challenges that have delayed the...

U.S. retailer Group 1 buys London dealership group

Feb. 5, 2016 22:30 CET
Group 1 Automotive has acquired the Spire Automotive Group of 12 dealerships in the Greater London area.

Volvo bets on wagons with V90 despite SUV boom

Feb. 5, 2016 06:01 CET
Volvo will show its commitment to station wagons, whose sales are being hit by the global boom in SUVs, when it unveils its new V90 later this month.

Mercedes sales rise 20% in Jan. on strong China demand

Feb. 5, 2016 13:13 CET
Sales of Mercedes brand cars increased by 20 percent in January to 150,814, buoyed by a 52 percent jump in China sales.

Mahindra mulls Pininfarina-designed premium car

Feb. 5, 2016 14:41 CET
Mahindra has begun talks with Pininfarina, the Italian design house it agreed to buy in December, to build a premium car for the Indian market.

PSA plans to cut 850 jobs at French factory, report says

Feb. 5, 2016 11:04 CET
PSA/Peugeot-Citroen plans to cut the night shift and 850 jobs at its Poissy factory near Paris to adapt to lower output levels as production of the...

Renault-Nissan reports record EV sales in 2015 despite drop in Leaf demand

Feb. 5, 2016 11:37 CET
Renault-Nissan said global sales of battery-powered vehicles rose 2.

Toyota quarterly net income rises 4.7% to $5.4 billion

Feb. 5, 2016 09:23 CET
Toyota posted a 4.7 percent gain in quarterly net income and raised its full-year profit forecast slightly due to strong demand in the U.S.

Western European car sales rise 6% on Spain, Italy rebound

Feb. 5, 2016 06:01 CET
Western European car sales rose nearly 6 percent in January as the southern markets of Spain and Italy continued to lead demand with double-digit...

Ford will skip Paris auto show this year

Feb. 5, 2016 06:01 CET
Ford will skip this autumn's Paris auto show, claiming the timing doesn't fit with its launch schedule.

AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Auto sector ends 2015 on a high

Feb. 5, 2016 06:01 CET
The European auto industry ended last year with strong gains in shareholder value across the board at automakers, suppliers and retailers, according...

VW replaces top U.S. lawyer as it seeks approval on emissions fix, report says

Feb. 4, 2016 17:33 CET
Volkswagen has replaced the head of its U.S.

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