Volkswagen initially refused to give back the subsidy payments, contending they were based not on nitrogen-oxide but on carbon-dioxide emissions. But VW later admitted it had understated CO2 emissions as well....More
EV sales in China are growing, although they represent a microscopic portion of the world’s biggest auto market. As there is little organic demand for the vehicles, the central and local governments have turned to a cornucopia of incentivizing policies to move the electric metal....More
A spokesman for Russia’s Industry and Trade Minister says most of the new subsidies will compensate local automakers for interest rates on bank loans and for losses resulting from currency fluctuations....More
Sources familiar with VW's U.S. sales operations say deliveries could grow from 1% to 5% thanks to incentives meant to offset a ban on sales of diesel vehicles linked to falsified emissions tests....More
Responding to the possibility that sales in 2015 could decline for the first time in at least 15 years, the government is cutting by half the sales tax on cars with engines 1.6L or smaller from Oct. 1 through year's end....More
The subsidy reduces the cost of EVs and PHEVs with carbon-dioxide emissions of 75g/km or less by 35%, up to a maximum £5,000 ($7,695). Sales after six months of 2015 surpassed the full-year 2014 total....More
Automakers argue shorter deadlines would force them into using untested or inadequately tested technologies that could lead to safety risks and reduce fuel efficiency. Meantime, the air in India’s cities is getting progressively dirtier....More
While first-half sales fell 36% from like-2014, July’s 27.5% decline reflected “mostly the low-base effect of a poor market showing in the corresponding period last year,” industry spokesman George Schreiber says....More
Marchionne says the elimination of Opel reduces by about 15% the possible synergies FCA and GM could achieve, but he still thinks a deal would be worth pursuing, even though he spotted one big negative the day of the sale’s announcement....More
With the upper luxury Phaeton now out of production, the new Arteon will take over at the head of Volkswagen's car lineup in most markets except China, where the recently introduced Audi A6-based Phideon will sit above it.
WardsAuto editors are evaluating about 30 vehicles as part of the 2017 Wards 10 Best Interiors competition. Today's gallery focuses on the '17 Kia Niro, a 5-passenger hybrid CUV with a sticker price of $32,445.