German carmaker Daimler plans to roll out at least six, and possibly as many as nine, electric car models as part of its push to compete with Tesla and Volkswagen’s Audi, a person familiar with Daimler’s plans told Reuters.
STOCKHOLM: Sweden’s anti-corruption prosecutor announced Tuesday the opening of an “aggravated fraud” investigation against German automaker Volkswagen, which has acknowledged rigging its vehicles for environmental emissions tests.
BERLIN: Audi outsold German rival Mercedes-Benz for a second month in February as the Volkswagen division benefited from its revamped model lineup.
BEIJING: German car maker Volkswagen AG will recall 80,000 cars from its luxury division Audi due to issues with the fuel injection system, Audi said on Saturday, adding that around 35,000 of the affected vehicles are from China.
PARIS: New car sales in Europe rose by nearly six percent in 2014, ending a long slump in activity that began in 2007, but analysts warn the sector has not yet turned the corner in the region.
BERLIN: Volkswagen’s flagship Audi division is to increase spending on new models, plants and technology through 2019 to push its goal of surpassing German rival BMW as the world’s largest luxury-car manufacturer.
PARIS: Volvo Car Corp said it will start selling vehicles online as it rolls out new models to compete with German luxury rivals such as BMW.
LONDON: Retired English soccer star David Beckham and his teenage son Brooklyn were involved in a car crash outside Arsenal’s training ground in Hertfordshire, north of London, but did not suffer any injuries, according to a source close to Beckham.
PARIS: Volkswagen keeps lavishing money on supercar maker Bugatti, its most exclusive brand, even as the German group plans painful cuts in its core auto business.
BERLIN/FRANKFURT: BMW’s lead over German rival Audi is shrinking, despite increasing deliveries in July, as the luxury-car leader posts lower volume growth in the United States and Europe.