More in Europe

  • Newswire

    UPDATE 4-Hit by scandal, VW posts first quarterly loss in at least 15 years  

    * Q3 operating loss of 3.48 bln euros in line with consensus * VW set aside 6.7 bln euros in Q3 scandal provisions * VW expects significant drop in 2015 operating profit * VW has made no provisions yet for legal liabilities (Adds finance chief, sales chief comments) By Andreas Cremer...More
  • Newswire

    FCA Reports Q3 Earnings Jump 35%  

    The Italian-American automaker reports €1.3 billion in adjusted earnings before interest and tax, up from €968 million in third-quarter 2014....More
  • Newswire

    Volkswagen to Shift Focus to Profitability, CEO Says  

    Matthis Mueller, who took over as CEO as part of a companywide shakeup triggered by rigged diesel-emissions tests, says VW will emphasize profitability over outselling competitors....More
  • Newswire

    EU Member States Divided on Tougher Engine Tests  

    Efforts to agree on tougher emissions-testing rules in the wake of the Volkswagen cheating scandal have hit a snag as member states disagree on how high the bar should be raised....More
  • Newswire

    Germany Invites U.S. Experts to Check Diesel Tests After VW Scandal  

    A German government official says VW has offered reassurances it will resolve the scandal, clear up how it happened in a transparent way and win back lost confidence in the company....More
  • Newswire

    Volkswagen Hires Opel's Ex-CEO  

    Thomas Sedran was interim CEO at the General Motors subsidiary in 2012-2013 and headed its Chevrolet and Cadillac brands in Europe until June....More
  • Newswire

    UPDATE 3-VW looking at whether more vehicles have cheat software  

    * VW says looking at earlier versions of EA 288 diesel engine * Says main EA 288 Euro 5 and 6 versions don't contain cheats * Has said up to 11 mln vehicles with EA 189 engine affected (Adds latest VW statement) By Andreas Cremer BERLIN, Oct 22 (Reuters) - Volkswagen is looking into whether more vehicles contain software capable of cheating diesel emissions tests, it said on Thursday, potentially increasing the cost and disruption of a scandal that has rocked Europe's biggest carmaker....More
  • Newswire

    UPDATE 2-Ferrari shares race ahead 15 pct on Wall Street debut  

    * Ferrari starts trading on NYSE at $60 * IPO priced at $52 a share, at top of range * Fiat Chrysler could raise up to $982 mln from stake offering * Parent to spin off Ferrari in early 2016 (Recasts and writes through after Wall St debut) By Lauren Hirsch and Agnieszka Flak...More
  • Newswire

    Volkswagen CEO Says More Provisions Could Be Needed  

    VW's CEO says €6.5 billion might not be enough to cover the cost of fixing the automaker's out-of-compliance diesels....More
  • Newswire

    Fiat Chrysler Reiterates Did Not Receive State Aid  

    The comments follow a report in the Financial Times which said the Italian-American group was facing tax repayments estimated at €30 million-€200 million after its subsidiary Fiat Chrysler Finance Europe, found itself in the firing line over a transfer pricing arrangement with Luxembourg....More
  • Newswire

    Former King's Ferraris to Be Auctioned Off in Spain  

    The sleek 4-seaters, both Ferrari FF models, one in black and one in silver-gray, went on show on Monday at a government showroom in central Madrid, where official cars no longer in use are sometimes sold off....More
  • Newswire

    Survey Shows Majority of Germans Still Rate VW Cars Highly  

    A majority of Germans surveyed by a market-research firm say Volkswagen builds "outstanding" cars, despite the automaker's diesel-emissions scandal....More
  • Newswire

    Audi to Invest $118 Million in Hungary  

    Audi is investing $118 million in its Gyor, Hungary, manufacturing plant, the country's foreign minister was quoted as saying on Monday....More
  • Oct 16, 2015
    blog

    VW’s Dirty Deeds Overshadow Bosch Celebration

    Bosch wanted to talk about its new research center, a massive hub in Germany that encourages engineers and students to set their minds free, but journalists had other topics in mind....More
  • Newswire

    European Automakers Say September Sales Up 9.8%  

    The ACEA industry group says sales in the region rose 9.8% year-on-year last month, the 25th consecutive monthly gain....More
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Feb 10, 2017
Video
WardsAuto

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More

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