Volkswagen announced Tuesday that it “plans to set aside a provision of some 6.5 billion EUR ($7.3 billion) recognized in the profit and loss statement in the third quarter of the current fiscal year,” but that the final number is subject to change as the emissions scandal unravels.
The automaker has also admitted that the software, which includes a “defeat device” to hide on-road NOx emissions, has been used on 11 million vehicles sold worldwide.
Ram production will be coming back to the United States and car production moving to FCA’s Mexican operations, Automotive News is reporting citing anonymous sources.
The news comes just days after FCA and the UAW tentatively agreed to a new national contract while locals continue to hammer out the finer details at the plant level. According to the report, there will also be some movement of products within U.S. borders between FCA plants.
The tenth iteration of the Honda Civic is due to be revealed in just a few minutes. We’ve already seen it in sedan form, but will Honda have any surprises for us?
Suzuki, while at Frankfurt showing off its new Baleno hatchback and next-generation Vitara, is dealing with a financial problem of sorts.
In order to buy itself back from Volkswagen, the Japanese automaker will have to shell out 471.74 billion yen — or $3.9 billion USD. Suzuki plans to purchase as many of those shares back as possible during off-hours trading, before the bell rings Thursday morning.
Harald Krueger, who just took the CEO reins at BMW, had a dizzy spell and collapsed to the floor Tuesday during the group’s press conference.
According to The Telegraph, it was Krueger’s first appearance as the group’s CEO.
Mazda is on fire with its designs as of late, and the newest entry to their concept stable is this — the Koeru — and it’s likely not the next CX-5 or CX-9.
Welcome back, CX-7.
The Ford Edge and Nissan Murano have proven once again that third-row seating isn’t needed in order to sell a midsize SUV, but you better have the style and substance to make up the deficit. The Koeru, for all intents and purposes, looks like it will do just that.
And while I am not sure what Koeru means exactly, I’m guessing it definitely doesn’t mean “killing off our sports car so we can build a crossover” in Japanese.
The Nissan Gripz Concept is what we all feared. The pseudo two-door vehicle, which takes inspiration from a bicycle, is the result of Nissan’s designers wanting to create “something free of conventional standards” — which is a crossover, apparently.
Executive Design Director, Mamoru Aoki, says Nissan has “a history of pioneering new crossovers.” Nissan also has a history of creating sports cars. This is where the two might, quite unfortunately for us, collide.
“The traditional two-seater sports car is evolving and this is our interpretation of its future,” said Senior Creative Design Manager Giovanny Arroba in the video showing the Gripz attacking a city in ruins.
Audi’s latest reveal, the e-tron quattro, might be only a concept at this point, but the all-electric SUV offers a glimpse as to what’s to come from the German premium automaker in 2018 when they roll out a production version in the same vein.
We won’t have full specs on the production EV until closer to launch, but Audi touts the e-tron quattro as having 310 mile range capability along with up to 496 horsepower from three electric motors driving all four wheels.
Yet, even with all that power and efficiency, can you find what’s missing from this all-electric concept?
Volkswagen, as usual before the Frankfurt Auto Show, will be showing all its wares live, Apple-style, the night before press days.
We’ve already seen the Tiguan, Bentley Bentayga and Audi A4, but could there be a surprise up Mr. Winterkorn’s sleeve?
We will keep track of the reveals after the jump.
Volkswagen has just revealed the second-generation Tiguan before the Frankfurt Auto Show opens to the press on September 15.
The new Tiguan will ride on Volkswagen’s MQB front-wheel drive platform and grow in almost every measurable dimension.
Seyth Miersma of Autoblog has been exploring Cuba through a car enthusiast’s lens as of late, and it isn’t easy. In fact, the seasoned writer tried to rent a car in the island nation and ran into some cultural roadblocks.
CubaCar, Cuba’s state-run car rental service, may let you reserve a car at one of their many locations, but actually getting a car seems to be a bit of a headache. Also, it isn’t what you would call cheap or convenient.
Millennials. Who knows what they’re thinking? Well, maybe GM and Dodge did … in the early and mid-2000s.
According to Edmunds, the 18-34 age group of used car buyers are flocking to some discontinued metal including the Dodge Magnum, Chrysler Pacifica, Pontiac Aztek, Chevrolet Trailblazer and Saturn Outlook.
But, why would they be buying models that were so derided or unpopular when new?
Miller Motorsport Park is going to be caught up in a Chinese finger trap of lawsuits thanks to one butthurt losing bidder.
Center Point Management, represented by Andrew Cartwright, is taking the winner — Geely subsidiary Mitime — and Tooele County to court over the bidding process.
According to Deseret News, the lawsuit filed by Center Point Management states the county broke local and state laws by “basing its decision on future benefits of uncertain value” instead of Center Point Management’s higher bid amount.
Safety technology tends to have a trickle-down journey. ABS, airbags, and other technologies we now take for granted have slowly bee adopted over the years and are now standard equipment. The next technology to join that group might be automatic braking — or autobrake — depending on from what company you buy your next new car.
Ten automakers, along with the NHTSA and IIHS, have agreed to make automatic braking standard on their cars going forward.
2015 Jeep Renegade Trailhawk 4×4 2.4-liter Tigershark SOHC I-4, MultiAir 2 variable valve and lift timing (180 horsepower @ 6,400 rpm; 175 lbs-ft of torque @ 3,900 rpm) Nine-speed ZF 948TE automatic transmission w/ Jeep Active Drive Low 4×4 21 city/29 highway/24 combined (EPA Rating, MPG) 20.5 mpg on the 50/50 city/hwy, 100-percent frustrated driver cycle (Observed, MPG) Tested Options: Trailer […]
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