Diesel at cross-roads as Germany's car bosses, politicians meet

Bosses of Germany's powerful car industry and top politicians meet Wednesday on the fate of diesel engines, as the sector faces an existential threat after a colossal pollution cheating scandal and new allegations of collusion.

EPA OKs pollution controls on new diesel Jeeps, Ram pickups

U.S. regulators have blessed emissions controls on 2017 versions of Fiat Chrysler diesel trucks, allowing them to go on sale and potentially helping to resolve allegations that the company cheated on pollution tests.

Volkswagen earnings rise in stronger European economy

Volkswagen's profits rose in the first half of the year as the German carmaker benefited from increased sales in a growing European economy and it moved past one-time costs for its diesel emissions scandal in the U.S.

UK to ban sale of petrol and diesel cars by 2040

Britain said Wednesday it will outlaw the sale of new diesel and petrol cars and vans from 2040 in a bid to cut air pollution but environmental groups said the proposals did not go far enough.

World gears up for electric cars despite bumps in road

Technological advances mean fossil fuel in cars could be phased out within decades but switching to electric carries its own environmental and economic concerns as more and more countries announce radical plans.

Daimler stands by diesel despite growing controversy

German automaker Daimler's profits barely rose and were short of market expectations as its Mercedes-Benz luxury car division boomed while earnings lagged at its truck, van and bus businesses.

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