Toyota Motor Corp's (7201.T) Lexus brand finished on top of the Consumer Reports annual "brand report card" for the third straight year, the influential U.S. magazine said on Tuesday.
Tags: Volkswagen AG
Volkswagen Faces Lawsuit From Deceived Dealerships of Napleton Group In Illinois Court
Three Volkswagen dealerships operating in Illinois and Florida has sued the German automaker for being deceived through the diesel-gate scam. The dealerships also accuse VW for illegally favoring some dealers and forcing retailers into financing arrangements with a company-lending affiliate. The plaintiffs have sought class status for the suit and appropriate compensation from the accused.
Volkswagen says sorry in Japan auto show
Volkswagen AG, Europe's largest automaker, is maintaining an investment plan to build a new seven-seater sports utility vehicle. It is starting next year at its only manufacturing plant in Tennessee, although beset by issues of cost cuts in the wake of the company's diesel-emission manipulation scandal.
Volkswagen emissions scandal alarms China quality watchdog
In China, the process in Volkswagen AG's diesel cars designed to fool emissions test greatly worries its quality watchdog. It said on Monday that these vehicles need to take specific follow-up measures.
Qatar plans $35B investment in US market
The Qatar Investment Authority (QIA), the Doha-based sovereign wealth fund of the world's richest nation by per capita income manages over $300 billion, has opened its office in New York and earmarked $35-billion investment over next five years in the US business opportunity.
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Volkswagen AG (VOWG_p.DE) said on Monday it had recognized a new group called the American Council of Employees to represent workers at its auto assembly plant in Chattanooga, Tennessee, in addition to the United Auto Workers.
Toyota Motor Corp (7203.T) is ending a three-year freeze on building new vehicle assembly plants and is looking to open two new assembly plants in China and another in Mexico, four executives familiar with the company's plans said.
China's anti-monopoly regulator on Thursday announced its first-ever punishment of foreign carmakers for price-fixing, fining Volkswagen AG and Fiat's Chrysler a combined $46 million.
Ford Motor Co will recall 191,770 cars in China from Friday to replace some parts after a quality watchdog found a fuel leak risk in the Ford Focus, the country's best-selling compact sedan.
Malaysia will implement a new policy that will selectively allow foreign auto makers to manufacture small passenger cars, according to the chief executive officer of a trade ministry unit.
Volkswagen AG's Audi division said today in a statement that it is aiming to challenge major automobile players in terms of global sales by pouring in €22 billion or $30.3 billion in auto model and technology development through 2018.
Turin, Italy-based car maker Fiat SpA restarted negotiations to purchase the remaining shares of US-based auto manufacturer Chrysler Group LLC, according to sources familiar with the matter.
The naivete of Volkswagen was called out by Tennessee Republican Senator Bob Corker. Tenesseee Republican Senator Bob Corker issued a warning to Volkswagen AG if the German carmaker allows the United Auto Workers to represent its workers, it would be its 'biggest mistake', The remarks were quoted by German newspaper Handelsblatt.
Shanghai Volkswagen would build a 12.08 billion yuan factory located at the Changsa Economic and Technological Development Zone.
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