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Analysis: Market prospects of the Changan CS95
Analysis: Market prospects of the Changan CS95

In November of this year, Changan officially announced its all new mid-size seven-seater SUV, the CS95. The CS95’s introduction makes Changan the third domestic own brand manufacturer after Great Wall and GAC Trumpchi to offer a premium mid-size SUV.

Dec. 20 , 2016
VW agrees to spend up to $1.6 billion on Canada emissions settlement
VW agrees to spend up to $1.6 billion on Canada emissions settlement

WASHINGTON -- Volkswagen Group has agreed to spend up to C$2.1 billion ($1.6 billion) to buy back or fix 105,000 polluting diesels and compensate owners in Canada.

Dec. 20 , 2016
Bosch expected to settle U.S. VW diesel claims for $300 million, report says
Bosch expected to settle U.S. VW diesel claims for $300 million, report says

WASHINGTON -- German auto supplier Robert Bosch GmbH is expected to settle a suit, filed by U.S. owners of polluting Volkswagen diesel vehicles, for more than $300 million, a source briefed on the matter told Reuters today.

Dec. 20 , 2016
GM price-fixing probe signals Beijing's ire at Trump
GM price-fixing probe signals Beijing's ire at Trump

BEIJING -- China's plan to punish a U.S. automaker accused of price-fixing is a sign of how Beijing could retaliate if President-elect Donald Trump upends decades of relations between the two nations.

Dec. 20 , 2016
2018 BMW M550i xDrive to Hit 60 MPH in Under 4.0 Seconds
2018 BMW M550i xDrive to Hit 60 MPH in Under 4.0 Seconds

BMW has introduced the new M550i xDrive as the top-of-the-line performance model of the current 5 Series lineup. The car arrives in U.S. dealerships in spring 2017.

Dec. 20 , 2016
Tesla Announces new Idle Fee for Supercharger Use
Tesla Announces new Idle Fee for Supercharger Use

The days of carefree charging with Tesla Superchargers appear to be over. Superchargers are still free to use, but Tesla will now collect an “idle fee” if a vehicle remains plugged in once the charging cycle is complete.

Dec. 20 , 2016