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automaker

Ford

Ford posts Q4 net loss on accounting shift

31/01/2017(0)
After posting a fourth-quarter net loss mainly because of accounting changes, Ford Motor Co. finished 2016 with a $10.4 billion pre-tax profit, down slightly from record results in 2015. ... Read More
A new Fiat Chrysler Automobiles sign is pictured after being unveiled at Chrysler Group World Headquarters in Auburn Hills, Michigan

Fiat Chrysler accused of diesel emissions cheating

13/01/2017(0)
EPA Notifies Fiat Chrysler of Clean Air Act Violations FCA allegedly installed and failed to disclose software that increases air pollution from vehicles The U.S. Environmental Protection Agency (EPA) ... Read More
volkswagen-scandal

Volkswagen reaches compensation deal with 80,000 US owners

23/12/2016(0)
A federal judge said on Thursday that Volkswagen has reached an agreement in principle to provide “substantial compensation” to the owners of about 80,000 3.0 liter polluting diesel vehicles, ... Read More
volkswagen

Volkswagen may cut 2,500 jobs per year via early retirements, says labor boss: Handelsblatt

12/10/2016(0)
Volkswagen (VOWG_p.DE) may cut up to 2,500 jobs per year over 10 years by moving workers into early retirement, Handelsblatt reported on Wednesday, citing Bernd Osterloh, chief of the ... Read More
Volkswagen

VW Will Spend $14.7 Billion to Settle emissions scandal;the largest settlement ever paid by an automaker

07/07/2016(0)
Volkswagen will spend $10 billion on affected car buybacks, $4.7 billion to “mitigate pollution” in the TDI emissions settlement. The estimated cost of Volkswagen’s U.S. diesel emissions cheating just rose ... Read More
volkswagen-scandal

Volkswagen Reportedly To Announce $15 Billion Settlement After Emissions Scandal

28/06/2016(0)
Sources told Reuters and the Associated Press that the automaker would buy back or offer cash to owners of the emissions-cheating diesel models. Volkswagen will announce a settlement Tuesday ... Read More
general-motors

U.S. judge asked to remove lead lawyers for GM switch plaintiffs

26/01/2016(0)
A U.S. judge was asked on Monday to remove three lawyers from their leadership roles in litigation against General Motors Co (GM.N) over a faulty ignition switch linked to ... Read More
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