Ford is doing so well, you’d be a damn fool to ever think of not investing in Ford, says Ford.
That, hiring a crop of cranky old people paid off for Dodge, Kentucky joins the let’s-sue-Volkswagen party, Honda gets a Hoosier boost, and ethanol continues to suck … after the break!
Volkswagen dealers in the U.S. want to be compensated for financial losses stemming from the diesel emissions scandal, and if the results of a recent meeting with company brass is any indication, the demands will soon grow louder.
Alan Brown, chairman of Volkswagen’s U.S. dealer council, led a small delegation of dealers to Germany last week to talk reparations and get a firm grip on the company’s strategy, Automotive News reports.
The size of the settlement they were seeking is unknown, but the meeting with global brand chief Herbert Diess and new Volkswagen Group of America head Hinrich Woebcken didn’t yield any plan to compensate dealers.
Mercedes-Benz parent company Daimler is getting cold feet about opening a factory in Russia, and thinks it might just skip a little bit west.
That, two Porsche executives avoid the Big House, the NHTSA wants autonomous rules post-haste, Volkswagen seeks a quick way out of trouble, and Aston Martin wants an F1-inspired moonshot … after the break!
After its excessively dirty diesels polluted the nation’s air for years, Volkswagen is on the verge of making environmental reparations in the U.S. and state of California, Bloomberg reports.
The automaker is reportedly in talks with U.S authorities to create two remediation funds aimed at offsetting some of the environmental (and possibly legal) damage resulting from the diesel emissions scandal. Read More >
The Russian car market is looking grimmer than the last days of the Romanov family, but that’s proving to be a big opportunity for Kia.
That, a delay for Volkswagen’s overseas diesel fix, Porsche employees are rolling in dough, electric rallycross could be on the way, and FCA soars in Europe … after the break!
The numbers are big — 278 investors seeking $3.61 billion — but the latest lawsuit leveled at Volkswagen is merely another drop in the penalty bucket for the embattled automaker.
As has been expected for some time, a group of institutional investors from numerous countries is seeking compensation for financial damage caused by Volkswagen’s diesel emissions scandal, Reuters is reporting.
The lawsuit was filed Monday in a Lower Saxony court — the same jurisdiction as Volkswagen’s headquarters — and alleges the automaker breached its duty under capital markets law between the time the “defeat device” was first installed in diesel models and when the scandal went public last September. Read More >
A former employee, who was fired after news of Volkswagen’s diesel emissions scandal broke, is claiming in a lawsuit that he was let go from the automaker after noticing data related to the scandal was being deleted, several German language outlets are reporting (via Automotive News).
The lawsuit, filed by a former employee of Volkswagen Group of America, is the first possible evidence made public so far of a good, old fashioned cover up on this side of the Atlantic.
Volkswagen has been on the ropes for months as regulators, governments and the buying public rain blows in the wake of the diesel emissions scandal, but its newest foe might come from the inside — its U.S. dealer network.
American dealers are feeling abandoned by their distracted German parent and could be on the verge of open revolt, Automotive News reports.
Subaru, worried that it might be losing its coolness, could be planning to rebel against its new-found mainstream image.
That, Big Battery picks up steam, Tesla’s stock turbulence continues to amaze, NASCAR wants Millennials to watch a race, and Porsche thanks its lucky stars for SUVs … after the break!
Like ripples in a pool of sulphur-rich oil, the impact from Volkswagen’s diesel emissions scandal keeps spreading.
In a cost-cutting measure designed to mitigate the growing financial damage caused by the scandal, Volkswagen is planning to cut 3,000 administration jobs in Germany, according to Reuters.
In anticipation of the 50th Easter Jeep Safari in Moab, Utah, Jeep turned its best and brightest designers loose and created seven concept vehicles you’ll probably never drive.
But you can gaze, and you can dream.
These rolling showcases for Jeep and Mopar performance parts crop up annually in advance of the off-road love-in (March 19 – 27), but this year Jeep delved deep into the history file to celebrate its 75th birthday.
We’ll highlight the standouts after the break. Read More >
Volkswagen’s American operation is looking for a new leader.
Michael Horn, president and CEO of Volkswagen Group of America, stepped down effective immediately on March 9.
The company stated that Horn departed in mutual agreement with the company, and will be pursuing other opportunities.
Let’s face it: when it comes to modern cars, no model is as maligned as the diminutive two-seat Smart Fortwo. Well, maybe the Mitsubishi Mirage.
Measuring just 8-feet-10-inches in length, the rear-engined Smart looks less like a car than a rolling phone booth, or perhaps the bubble that would take Patrick McGoohan back to The Village in the TV show “The Prisoner.”
Jokes and instances of car-tipping aside, the Smart harbors a secret ability that sets it apart from its larger peers — and it took an Ontario mechanic to find it.
There’s a chance that older Volkswagen TDI models branded as pollution monsters in the ongoing diesel emissions scandal could keep rolling along the avenues and alleyways of the Golden State.
On March 8, California’s air regulator floated the idea that diesels that can’t fully be brought back into compliance with state laws might get a pass, according to Reuters.
Tod Sax, chief of the California Air Resources Board’s enforcement division, admitted that bringing every one of the state’s approximately 82,000 afflicted diesels up to code is probably not possible. Read More >
After seemingly using up its legal arsenal against Volkswagen, the U.S. is pulling its backup out of an ankle holster and taking another shot.
That, Kia and Hyundai might get a Korean competitor, Mercedes-Benz is feeling charged up, Audi is still a fuel cell fan, and Volvo wants to standardize EV recharging … after the break!
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