VW Keeps 23% Market Share in Europe
courtesy of Volkswagen of AmericaIn September, Volkswagen was the market share leader in the auto industry in European Union. It posted 23% of the market. As a contrast General Motors Co. (NYSE: GM), the…
courtesy of Volkswagen of AmericaIn September, Volkswagen was the market share leader in the auto industry in European Union. It posted 23% of the market. As a contrast General Motors Co. (NYSE: GM), the…
When 24/7 Wall St. recently examined the 10 Most Expensive Cars in America, the price for the winner was not even close to the balance of the cars.
Volkswagen is recalling some 8.5 million vehicles in 28 European Union countries, the equivalent of more than 2.5 years of new European sales of all the company's brands.
Tesla cars are so much better than almost any cars produced on the planet that its stock price should not be down so much over the past quarter.
As of the September 30 reporting date, short interest in Ford fell by more than 18%.
Fiat Chrysler announced in July that the company would spin off its Ferrari division into a separate company, and on Friday the company provided some specifics.
Diesel cars made by Mercedes-Benz produced more nitrogen oxide emissions than the official Euro 5 and Euro 6 standards.
courtesy of Fiat Chrysler Automobiles NVThe Brazilian economy has been suffering for nearly a year now as the currency continues to depreciate, the country’s oil revenues collapse, and corruption charges keep battering national oil…
Whatever Tesla's advantages today, they will be overcome by the long runway it has from being a novelty to being a real car company with sales into the hundreds of thousands per year.
The amount Volkswagen received on average for sales of its diesel cars in the United States plunged 13% in September.
A survey of car shoppers found that 72% of respondents say they think the issue of emissions cheating could spread beyond Volkswagen.
Tesla had delivered more than 33,157 vehicles by the end of September, and it really does seem unlikely that the company will reach its announced delivery targets for the year.
Daimler has held the first road-test of its autonomous truck on a stretch of Germany's Autobahn near the company's Stuttgart headquarters.
Is it absurd to think that the world's largest car company could to bankrupt? Not if its chairman said the current emissions scandal could ruin the company.
Volkswagen could be looking at total costs related to faking emissions test results that exceed the amount BP paid in fines and claims for the Gulf of Mexico spill.