European car sales begin 2019 in reverse

European car sales fell by 4.6 percent in January from the same month last year, an industry body said Friday, in another worrying sign of economic slowdown.

Thyssenkrupp presses on with split as profits rise

German industrial conglomerate Thyssenkrupp on Tuesday confirmed its earnings forecasts for the full year after increasing profits in its first quarter, while announcing a January 2020 vote on its split into two separate ...

Detroit auto show, and industry, prepare for transition

The auto industry gathered Sunday in Detroit, on the eve of the last winter edition of North America's premiere auto show, as carmakers grapple with a contracting market and uncertainty in the year ahead.

EU to cut new car emissions by 37.5 percent by 2030

The European Union forged ahead Tuesday with plans to slash carbon dioxide emissions from new cars and vans by 2030 despite industry concerns the targets are for now "totally unrealistic."

Audi to pay mega fine in VW's latest dieselgate fallout

Auto giant Volkswagen cleared a new hurdle in its "dieselgate" scandal Tuesday, paying a hefty fine to close a German investigation into subsidiary Audi, but the group is not yet in the clear over its years of emissions cheating.

Tough CO2 targets 'could cost 100,000 jobs': VW chief

Setting European Union targets for reducing cars' greenhouse gas output that are too ambitious could backfire with the loss of 100,000 jobs, Volkswagen chief executive Herbert Diess said Thursday.

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