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VW says defeat device in conformity with European law
VW says defeat device in conformity with European law

Volkswagen (VOWG_p.DE) said the software allowing its diesel vehicles to evade emissions rules does not violate European law, as the carmaker aims to toughen its legal defenses in view of a possible rise in compensation claims in its home region.

Nov. 4 , 2016
Takata mulls bankruptcy for U.S. unit, filing will take time: source
Takata mulls bankruptcy for U.S. unit, filing will take time: source

Japan's Takata Corp is considering a bankruptcy filing for its U.S. unit as the air bag maker looks for a sponsor to help pay for liabilities related to its faulty inflators, a person briefed on the matter told Reuters.

Nov. 4 , 2016
China should consider U.S., Europe vehicle connectivity standard, GM says
China should consider U.S., Europe vehicle connectivity standard, GM says

China should consider adopting the wireless communication standards developed in the U.S. and Europe for vehicle connectivity because the technology is mature and commercially available.

Nov. 4 , 2016
Renault-Nissan's Ghosn eyes $8,000 EV for China
Renault-Nissan's Ghosn eyes $8,000 EV for China

Renault-Nissan's low-cost electric-car program is aiming to sell an EV in China for about $8,000, CEO Carlos Ghosn said today.

Nov. 4 , 2016
BAIC may exercise stock-based incentives, CEO of LE-Auto’s investment and financing Department is appointed as its Board Secretary
BAIC may exercise stock-based incentives, CEO of LE-Auto’s investment and financing Department is appointed as its Board Secretary

Traditional auto companies’ bosses are seeking for opportunities in Internet companies in recent years, showing the decreasing attraction from traditional companies.

Nov. 3 , 2016
German car sales fell 6% in October but Peugeot, Toyota gain ground on VW
German car sales fell 6% in October but Peugeot, Toyota gain ground on VW

BERLIN -- German new-car sales fell by 5.6 percent in October as Peugeot, Toyota and Renault all gained ground on Volkswagen Group's VW core brand, which fell 20 percent.

Nov. 3 , 2016