Porsche Sticks to 15% Margin Target Despite Costs of Electrification
Porsche aims to maintain its 15 percent profit margin in 2016, even as stricter emissions rules and investment in electric models drive up costs.
Coverage tagged Regulation.
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Porsche aims to maintain its 15 percent profit margin in 2016, even as stricter emissions rules and investment in electric models drive up costs.
The FIA is investigating whether Ferrari’s coded pit board message in Bahrain breached Formula One’s tightened radio and communication rules.
Mercedes boss Toto Wolff has condemned the move to retain Formula One's controversial elimination qualifying system for the Bahrain Grand Prix, despite strong opposition from teams after its troubled debut in Melbourne.
Honda and Hitachi have created a breath-based alcohol sensor that can be integrated into a car’s smart key, aiming to prevent drink-driving before the driver even enters the vehicle.
Volkswagen's finance arm has written down €353 million to cover falling residual values of leased cars following the diesel emissions scandal, with further provisions set aside for the US market.
General Motors confronts two pivotal court battles in New York this week, as plaintiffs challenge its liability for injuries, deaths and lost vehicle value linked to faulty ignition switches.
German insurer Allianz is set to seek compensation from Volkswagen, joining a wave of investors claiming damages after the automaker’s share price collapse in the wake of the diesel emissions scandal.
Volkswagen chief Matthias Müller signalled at the Geneva show that a US agreement on diesel fixes, buybacks and penalties could be near, with talks ongoing this week.
Valtteri Bottas says he will not be joining fellow Formula One drivers in strict dieting for 2016, citing a healthier approach to weight management after past struggles.
Bernie Ecclestone’s public criticism of Formula One triggered a wave of reaction in the paddock as teams prepared for a decisive Geneva meeting on 2017 regulations.
Formula One's leading figures are set to meet in Geneva this week to thrash out the sport's technical and engine regulations for 2017 and beyond, amid ongoing tension over engine supply and governance.
Sebastian Vettel says Formula One has become too complex and urges a return to simpler regulations to make the sport more engaging for fans.
Hungarian authorities have started fining Uber drivers up to 800,000 forint and are considering tougher rules, including plate removal, after protests by local taxi operators.
Monza circuit officials are aiming to finalise a fresh Formula One contract before the 2016 season opener in Melbourne, following progress on race funding negotiations.
Volkswagen has received approval to begin recalling Amarok pickups across Europe as the first step in its plan to address 8.5 million affected diesel vehicles.
New IIHS research quantifies the real-world impact of automatic emergency braking and forward collision warning, highlighting the technology's potential to prevent hundreds of thousands of accidents annually.
Toro Rosso’s Carlos Sainz has revealed a winter weight loss ahead of the 2016 season, as teams face heavier cars due to stricter crash test standards.
New Mexico has joined several US states in suing Volkswagen, Audi and Porsche, alleging violations of state air quality laws and deceptive marketing tied to the diesel emissions scandal.
Monza is set to add a chicane in the middle of Curva Grande by summer 2017, aiming to meet motorcycle racing safety standards at a cost of €4 million.
BMW is preparing to introduce camera systems in place of traditional mirrors on production models as early as 2019, following the debut of its i8 Mirrorless concept.
Red Bull’s Adrian Newey warns that Formula One’s 2017 technical regulations, intended to shake up the grid, are too conservative to break engine dominance.
Helmut Marko claims Mercedes and Ferrari refused Red Bull engines for 2016 out of fear, hoping the team's 'martyrdom' will push the FIA to reform power unit supply rules.
Proposed regulations would require a licensed operator in all autonomous vehicles and restrict fully driverless testing, affecting firms like Google.
Fiat Chrysler has purchased millions of greenhouse gas emissions credits from Toyota, Tesla and Honda to help meet US fuel efficiency requirements for the 2014 model year.