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the-automaker

Volkswagen increases discounts after emissions scandal: report

April 17, 2016 by · Leave a Comment 

Volkswagen AG is offering bigger discounts in its home market to try to lure back customers after the automaker admitted using software to allow diesel vehicles to cheat emissions tests, a German trade magazine reported on Saturday. Germany's Automobilwoche said Volkswagen was trying to boost the used car trade by raising

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Volkswagen increases discounts after emissions scandal: report

the-automaker

Oil rises as market ponders scale of future Iran exports

January 4, 2016 by · Leave a Comment 

By Amanda Cooper LONDON (Reuters) – Oil prices rose on Monday after a breakdown in diplomatic ties between Saudi Arabia and Iran that some speculated could result in supply restrictions, although gains were tempered by data showing some of Asia's largest economies are struggling. Saudi Arabia, the world's biggest oil exporter…

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Oil rises as market ponders scale of future Iran exports

the-automaker

GM, Lyft announce $500 million investment by automaker and strategic alliance

January 4, 2016 by · Leave a Comment 

By Steve Trousdale SAN FRANCISCO (Reuters) – General Motors Inc and Lyft Inc Monday announced an alliance to develop an on-demand network of autonomous vehicles as well as a $500 million investment by the automaker as part of a $1 billion fund-raising round by the ride-sharing service. The two companies said the partnership, which involves one of…

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GM, Lyft announce $500 million investment by automaker and strategic alliance

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U.S. new home sales rebound strongly in October

November 25, 2015 by · Leave a Comment 

September's sales pace was revised down to 447,000 units from the previously reported 468,000 units. Economists polled by Reuters had forecast new home sales, which account for about 8 percent of the housing market, rebounding to a rate of 500,000 units.

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U.S. new home sales rebound strongly in October

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GM, law firm can keep ignition switch documents secret: U.S. judge

November 25, 2015 by · Leave a Comment 

By Jonathan Stempel NEW YORK (Reuters) – General Motors Co and its law firm need not turn over privileged documents to drivers hoping to show that the automaker intended to commit a crime or fraud by concealing defective ignition switches in…

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GM, law firm can keep ignition switch documents secret: U.S. judge