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German‎ watchdog suspected VW scam on CO2 emissions: report

January 28, 2017 by · Leave a Comment 

Germany's motor industry watchdog raised suspicions Volkswagen was using prototype vehicles to lower carbon dioxide (CO2) emissions in tests in 2015 soon after VW's manipulation of diesel emissions tests was uncovered, the Berliner Zeitung newspaper reported on Saturday. It quoted the Federal Motor Transport Authority (KBA) as telling VW in a November 2015 email it would choose test models randomly and appoint new external experts to carry out testing because of doubts about…

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German‎ watchdog suspected VW scam on CO2 emissions: report

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Germany denies investigating Tesla over software updates

July 9, 2016 by · Leave a Comment 

By Michael Nienaber and Rene Wagner BERLIN (Reuters) – Germany's Transport Ministry denied a media report on Friday that it was investigating Tesla Motors Inc for updating driving assistance software without informing authorities, but said it was “clarifying technical issues” on the matter. German magazine Der Spiegel reported, without citing a source, that there were indications Tesla uploaded new software features to a driving assistance system which had not been examined for

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Germany denies investigating Tesla over software updates

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Ford not interested in tie-up with Fiat Chrysler: CEO Fields

April 24, 2016 by · Leave a Comment 

Ford Motor Co is not interested in a tie-up with Fiat Chrysler Automobiles NV , Chief Executive Mark Fields said on Saturday, when asked about FCA head Sergio Marchionne's remark that Ford could be a potential merger candidate. “I can't speak to what Sergio or others wake up and want to say,” Fields told reporters ahead of next week's Beijing motor show. After being…

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Ford not interested in tie-up with Fiat Chrysler: CEO Fields

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Toshiba in final talks on new president; Tsunakawa top candidate: source

April 24, 2016 by · Leave a Comment 

Japan's Toshiba Corp is in final talks to replace President Masashi Muromachi, with Senior Executive Vice President Satoshi Tsunakawa a leading candidate as it aims to turn the scandal-hit firm back to growth, a source told Reuters on Sunday. The source, who is familiar with the matter, indicated Tsunakawa was a top candidate, saying the successor would be likely be one of three senior …

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Toshiba in final talks on new president; Tsunakawa top candidate: source

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VW brand chief ‘confident’ of solving cost-cutting row with labor

April 24, 2016 by · Leave a Comment 

Volkswagen's top brand executive is confident that management and labor will solve a dispute over cost-cutting at the core autos division and signaled readiness on Sunday to meet some of workers' demands. Volkswagen's (VW) powerful labor leaders earlier this …

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VW brand chief ‘confident’ of solving cost-cutting row with labor

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Mitsubishi Motors may skip earnings forecast due to data scandal: source

April 24, 2016 by · Leave a Comment 

Mitsubishi Motors Corp is unlikely to issue an earnings forecast for the current financial year when it announces annual results this week, due to uncertainty about the financial impact of its misleading fuel economy data, a person close to the company told Reuters on Sunday. The Japanese automaker is under investigation by the transport ministry after saying last week that it overstated the fuel economy of four of its minivehicle…

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Mitsubishi Motors may skip earnings forecast due to data scandal: source

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Iran marks comeback with talks to buy 160 European planes

January 25, 2016 by · Leave a Comment 

By Tim Hepher TEHRAN (Reuters) – Iran unveiled an expanded shopping list for more than 160 European planes – including 8 superjumbos – and dangled another big order in front of Boeing at Tehran's first major post-sanctions business gathering on Sunday. In a sign of Tehran's determination to compete with established …

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Iran marks comeback with talks to buy 160 European planes