Frankfurt


Volkswagen offered €830-million settlement for German diesel cases

2020-02-14 14:59

Car giant Volkswagen said it had offered €830-million to settle a mass lawsuit from German customers over its "dieselgate" emissions cheating scandal.

German prosecutors charge 6 VW staffers over diesel 'fraud'

2020-01-14 15:16

German prosecutors on Tuesday said they had charged three Volkswagen managers and three employees with fraud as part of their investigation into the massive "dieselgate" emissions cheating scandal.

Volkswagen in talks to settle German 'dieselgate' mass lawsuit

2020-01-02 14:09

Car giant Volkswagen said it would open talks on a possible settlement in a mass lawsuit brought by hundreds of thousands of German diesel car owners over emissions cheating.

BMW ups orders of battery cells for electric cars

2019-11-21 12:11

German high-end carmaker BMW said it was massively increasing orders of battery cells for electric cars for the coming decade, as it plans dozens of new electrified models.

Four standout cars from the Frankfurt motor show

2019-09-23 06:30

Sean Parker attended the 2019 Frankfurt motor show with the bi-annual event heavily focused on electric cars, here are four new models from the show that stood out.

Visionary and autocrat: 'Mr Volkswagen' Piech dead at 82

2019-08-27 14:52

Former Volkswagen boss Ferdinand Piech, who has died at 82, was the autocratic heir of a storied motoring dynasty who drove VW from the brink of bankruptcy to become a global empire.

Hyundai teases EV concept '45' ahead of Frankfurt Motor Show

2019-08-22 12:11

Hyundai's latest concept car is an all-electric vehicle called the '45' that will be shown at the IAA Frankfurt Motor Show taking place from September 10-22.

Volkswagen earnings upbeat despite 'dieselgate' scandal charges

2019-05-02 11:49

German automaker Volkswagen says its profit slipped in the first quarter as the company set aside €1-billion for legal risks related to its 2015 diesel scandal.

VW vows to build 22-million electric cars over next decade

2019-03-12 10:18

Automaker Volkswagen is saying it plans to ramp up its production of electric vehicles over the next ten years to 22- million and reduce its carbon footprint over vehicle life cycles by 30%.

Volkswagen profit rises despite emissions certification woes

2018-10-30 12:33

Volkswagen saw net profit more than double in the third quarter even as sales fell due to delays certifying vehicles for new emissions tests.

 

German raids over suspected Mitsubishi diesel fraud

2020-01-22 09:28

German prosecutors have raided 10 business premises as part of a probe into suspected diesel emissions cheating involving Mitsubishi cars, the latest fallout from the so-called "dieselgate" scandal.

Carmaker Opel will slash 2100 jobs in Germany

2020-01-14 15:08

Peugeot subsidiary Opel said it would offer 2100 more German workers voluntary redundancies, as it struggles to stay afloat faced with collapsing demand and an EU emissions squeeze.

Carmaker Daimler to cut 'thousands' of jobs by 2022 to fund electric shift

2019-11-29 13:05

Luxury carmaker Daimler said it was scrapping "thousands" of jobs to help fund the switch to electric vehicles, in the latest layoffs to hit the stuttering German car industry.

Daimler says to cut jobs to save €1-billion by end-2022

2019-11-14 12:32

Daimler said it planned to cut jobs to save more than €1-billion by the end of 2022, as the German luxury carmaker grapples with an expensive switch to greener vehicles.

Frankfurt Motor Show| BMW to unveil new X6, M8, 8 Series Gran Coupe and Vision M-Next

2019-08-28 09:59

BMW will showcase many new models at the IAA Cars 2019 international motor show in Frankfurt including its Vision M Next.

Mercedes-Benz EQV: Electric V-Class to make Frankfurt Motor Show debut

2019-08-23 08:46

Mercedes-Benz will show off their second electric-vehicle in their range , the EQV, at the IAA Frankfurt Motor Show in September,

BMW profits dented by electric vehicle investment costs

2019-08-01 09:50

German high-end carmaker BMW reported slumping second quarter profits, with pricey investment in electric cars sapping the bottom line, but it remained confident of hitting targets.

Global car sales slowdown drags down Mercedes-Benz maker

2019-04-26 11:16

German carmaker Daimler endured a weak start to 2019, echoing trouble at other major manufacturers, as a global economic slowdown weighed on sales, particularly in the big Chinese market.

BMW and Mercedes to launch car- and ride-sharing JV

2019-02-22 13:09

Automakers Daimler, parent company of Mercedes-Benz, and BMW are formally launching their joint venture in services that make it possible to use their cars without necessarily owning one.

Daimler net profit falls 21% in third quarter

2018-10-25 08:32

German automaker Daimler AG says net profit fell 21% in the third quarter as the company faced backlogs registering vehicles under new emissions rules.

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