Articles by: Gabriela Florea

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Volkswagen diesel settlement delayed again

Volkswagen diesel settlement delayed again

The upcoming Tuesday was the date set for Volkswagen to offer the final terms concerning its diesel-emissions cheating scandal that views around half a million Volkswagen and Audi units. However, that will not happen as the U.S. District Judge Charles Breyer extended the settlement date by one more week for […]

BMW AG names Vietnam top growth auto market

BMW AG names Vietnam top growth auto market

BMW AG stated that car sales in Vietnam are growing at a really fast pace in the Southeast Asia car markets with the local economy expanding alongside new car demands. According to Axel Pannes, the managing director of BMW Group Asia who is in charge of 13 developing Asian markets […]

Europe: Ford changes small car strategy

Europe: Ford changes small car strategy

Ford Motor has decided to switch its position in Europe by leaving behind the minicar segment and setting its focus on the subcompact drivers with a larger Ka model in the making and an improved Ford Fiesta. This change was made by Ford Europe’s CEO, Jim Farley, who has a […]

Porsche SE to support Volkswagen dividend

Porsche SE to support Volkswagen dividend

Porsche Automobil Holding SE, main shareholder in Volkswagen AG, will not argue against paying a dividend at the following VW annual shareholder meeting, according to a spokesman for the luxury carmaker. Porsche SE is a German company owned by the Porsche and Piech families. Its members had publicly expressed to […]

Japan adds 7 million cars to the Takata recall

Japan adds 7 million cars to the Takata recall

The Transport Ministry in Japan announced this Friday that carmakers will recall an added 7 million cars that are equipped with Takata air bag inflators by March 2019. This makes the total number of recalled cars worldwide reach 19.6 million vehicles. Japan’s move to increase the number of cars in the […]

Daimler to invest $3.3 billion in clean diesel technology

Daimler to invest $3.3 billion in clean diesel technology

The German auto group will invest $3.35 billion to reduce diesel exhaust pollution by transforming its engines and exhaust treatment systems with a software update for some of its Mercedes-Benz passenger cars. The total investment also contains the $2.9 billion announced in February. Back then, the German corporation stated it would […]

Research shows drivers uninformed about car tech

Research shows drivers uninformed about car tech

While numerous carmakers are investing billions of dollars in plug-in vehicles and self-driving car systems, potential buyers and drivers out there seem to not be very aware of all the benefits that come with new technology as new study has it. In a poll conducted by the market research firm […]