Mercedes Is Expected to Overtake BMW as the World’s Largest Premium Carmaker
Mercedes-Benz is expected to reach its goal of becoming the largest premium carmaker four years early – a feat achieved, ironically, only after it stopped chasing market share and focused on making...
View ArticleFBI Arrests a Volkswagen Executive on Fraud Charges
The Federal Bureau of Investigation has arrested a Volkswagen AG executive on charges of conspiracy to defraud the United States, the New York Times reported on Monday. Oliver Schmidt, who headed the...
View ArticleToyota Announces Plans to Invest $10 Billion in the U.S.
Global auto executives at the Detroit auto show are highlighting their investments in the United States, mindful of President-elect Donald Trump’s attacks on automakers for building vehicles in Mexico....
View ArticleFord Wants Its Own Fully Self-Driving Car by 2021, CEO Mark Fields Says
Ford f CEO Mark Fields has a grand target for his company: to release a truly self-driving model that doesn’t require human intervention in five years’ time. He said that the Ford autonomous car as...
View ArticleToyota’s President Meets with Mike Pence in Washington
Toyota Motor tm on Thursday said that company President Akio Toyoda met with U.S. Vice President-elect Mike Pence in Washington earlier this week as the incoming U.S. administration pressures...
View ArticleHow Takata’s Shares Reacted After Reports of a $1 Billion Faulty Airbag...
Shares in Takata tktdy jumped 16% on Friday after sources said the beleaguered airbag maker will plead guilty to criminal wrongdoing as part of a $1 billion settlement with U.S. authorities. The...
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