VW settles diesel owner suit on eve of trialAuto News

Volkswagen AG's U.S. unit on Friday resolved a lawsuit brought by a North Carolina man whose diesel emissions case was set to be the first to go to trial on Monday.

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Tesla expects to hit cap for federal tax credits this yearAuto News

In a SEC filing posted Friday, Tesla said it will likely sell its 200,000th vehicle this year -- the volume cap at which the $7,500 federal tax incentive for EVs ends.

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VW pledges rules to ensure moral, ethical behaviorAuto News

VW will take steps to bring its academic research projects into line with moral standards, the carmaker said, seeking to demonstrate lessons learned from the latest diesel scandal aftershock.

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Geely Chair Daimler's Biggest Solo Shareholder (2/23/18)

Geely chair Daimler’s biggest solo shareholder, Senators seek Daimler probe; Cashing in on...
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Self-driving cars with 'remote' drivers could test on Calif. roads in AprilAuto News

Self-driving cars that back up their computerized system with a remote human operator instead of a fallback driver at the wheel could be tested on California roads as early as April.

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BMW to recall 11,700 cars after installing wrong engine softwareAuto News

BMW said it would recall 11,700 cars to fix their engine management software after it discovered that the wrong programming had been installed on its 5- and 7-series models.

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China's Geely Is Buying a $9 Billion Stake in DaimlerAuto News

China's Zhejiang Geely is acquiring a stake worth almost 7.5 billion euros ($9.2 billion) in Daimler to become the largest investor in the German automaker, people with knowledge of the matter told Bloomberg.

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Founder of Ford-owned Chariot out as CEOAuto News

Ali Vahabzadeh, who co-founded the Chariot shuttle service, will remain on its board of directors following an early February departure as CEO.

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U.S. senators press Justice Department on Daimler emissions probeAuto News

Two senators urged Attorney General Jeff Sessions to thoroughly investigate Daimler after a media report alleged the automaker used potentially illegal software to pass diesel emissions tests.

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Founder of Ford-owned Chariot out as CEOAuto News

Ali Vahabzadeh, who co-founded the Chariot shuttle service, will remain on its board of directors following an early February departure as CEO

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Nissan takes first stop on road to taxi services with Easy RideAuto News

Nissan is taking its first steps to becoming an operator of autonomous vehicle services, hoping to break into a segment set to be dominated by Uber and other firms.

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GM Korea seeks to trim benefits, wages, letter saysAuto News

GM will propose a base wage freeze and no bonuses this year along with a suspension of some worker benefits at its money-losing South Korean unit to cut costs, according to an internal letter.

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