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Latest updates on this topic from reliable sources.

A year there making it the nation's largest independent car maker. and now he's invested in diameter acquiring just under ten percent of the luxury car company the state of kuwait until now the largest shareholder has been bumped into position to with six point eight percent followed by rent only son the rest is divided up among smaller investors. leases the time a stake allows him to focus on the technologies of the twenty first century electro mobility and driverless cars huge challenges he says that no money factory can tackle alone surprised or an ounce mint caused a stir in germany though...

Of a trade war. for expiring had reason to celebrate this week after the news that net profits had more than doubled in twenty seventeen compared to the year before that since spite of the fallout from the diesel emissions scandal the world's largest car maker is hoping to divert some of its more than eleven billion euro profit into a large scale investment in electro mobility it's aiming to produce electric cars at sixteen factories by twenty twenty two at present v.w. operates only three production sites of this kind. germany's energy sector could be in for a shake up with r w e planning a m...

Diesel bans getting the green light across europe many carmakers have promised to show off their electric offerings but it's a revolution slow motion it seems some observers say the industry still proving resistant to inevitable change. this is what britain's jack you are is offering up in the race to electro mobility the high pace is a battery operated s.u.v. which the company hopes could push in the same category as u.s. electric drive pioneer tesla. but not every car maker in geneva is ready to go fully electric the new a six rolled out by german car maker as the features the mile high para...

The cost of thousands more cancellations. i'm donna winter and this is your business update another days or gate arrest an allergy employee this time media reports saying the suspect is a former member of the comic has bought hats you can see here he was also on the board of porsche he's the first senior level arrest over the diesel gate missions test nippy lation scandal by german authorities parent company fox fox and mitchell the scandal will cost over twenty two billion dollars. and it's not just the monetary cost small like that brought about by diesel emissions causes over four hundred t...