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Compensation claims mount against Porsche and VW: court

Claims against Porsche and Volkswagen filed with a German court have reached 1.8 billion euros ($2.3 billion), the court said, as compensation demands pile up for allegedly holding back crucial information from shareholders.

Detroit Auto Show: Carmakers Faring Better But Challenges Remain

Ford Focus
As one analyst said, the U.S. market isn't the cash cow it once was, but it's still a mature and profitable market, as opposed to more volatile emerging markets, or stagnant ones in Europe, said Rebecca Lindland, an analyst with the consulting firm IHS Automotive, according to The New York Times.
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Auto Expo

Global Carmakers to Go Greener at Delhi Auto Expo

Fuel-efficient cars and a slew of new SUV models will be unveiled at Delhi's Auto Expo later this week as global carmakers continue to rev up their activity in one of the world's few growth engines despite a recent slowdown in sales.
Toyota Prius

Toyota, BMW Join Hands on Green Technology

Toyota Motor Corp and BMW AG agreed on Thursday to join hands on a broad range of environmental technologies, forging a partnership between two engineering stalwarts in the increasingly competitive auto industry.
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Auto sales rise to near two-year high

U.S. auto sales rose 14 percent in November, paced by gains at Chrysler Group LLC and Volkswagen AG, as consumers returned to showrooms even without the lure of a big year-end sale.
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Nissan, VW post strong U.S. sales gains

Nissan Motor Co and Volkswagen AG posted double-digit percentage gains in November U.S. sales, a strong showing for a month analysts were expecting to set a more than two-year record overall.
Skoda Rapid

Skoda Rapid Launched in India

Skoda Auto launched its C-segment sedan Rapid last week.The car comes with a price tag starting with Rs 6.75 lakh for the base petrol variant. The top of the line diesel model will cost Rs 9.19 lakh.
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Volkswagen says plans to sell over 2 million cars in China

Top German automaker Volkswagen AG is confident of selling more than two million cars in China this year and expects its growth to be faster than the industry's pace in coming years in the world's largest car market, its China chief said on Monday.
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Volkswagen seeks changes in U.S. fuel rule

Volkswagen has pressed U.S. regulators to change a proposal to double auto fuel efficiency, arguing the plan puts it at a competitive disadvantage and unfairly de-emphasizes clean diesel engines.

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