Latest in Tag: carmaker Highlight
Latest in Tag: carmaker
US accuses Volkswagen of evading clean air standards
US regulators have called German carmaker Volkswagen out for intentionally violating clean air standards. If the allegations are true, the Wolfsburg-based company could face billions of dollars in fines. The US Environmental Protection Agency (EPA) on Friday accused Volkswagen of deliberately circumventing clean air rules on nearly 500,000 diesel cars, by using software that evades …
Daimler’s self-driving trucks to hit German roads
The car giant’s new generation of self-driving 18-wheelers have been given permission to roam German roads. CEO Zetsche says the industry is facing a revolution and that he’s looking to team up with Silicon Valley. German carmaker Daimler has been given the green light to test its futuristic line of self-driving trucks on public roads …
BMW earnings hit by weak Chinese market
German luxury carmaker BMW has seen its profit drop in the second quarter as demand in the world’s largest auto market, China, slumped markedly. But the company said it relied on a speedy rebound there. Earnings before interest and tax dropped by 3 percent in the second quarter year-on-year, BMW Group reported Tuesday. The company’s …