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Automobile News

Record 32-million-euro auction sale for 1957 Ferrari

Paris - A legendary 1950s Ferrari has fetched a world record 32 million euros ($35 million) at auction, going under the hammer in Paris.

Paris entrepreneur's 2CV tours to go electric

Paris - The humble "Deux Chevaux", once ubiquitous in the French countryside, chugging down tree-lined roads -- cue accordion music -- is now more of a curiosity than a cheap and cheerful runabout.

Sweden opens fraud investigation against Volkswagen

Stockholm - Sweden's anti-corruption prosecutor announced Tuesday the opening of an "aggravated fraud" investigation against German automaker Volkswagen, which has acknowledged rigging its vehicles for environmental emissions tests.

VW scandal overshadows exuberant Detroit auto show

Detroit - The Volkswagen pollution-cheating scandal overshadowed an otherwise exuberant mood as the Detroit auto show opened Monday amid record US sales.

German giants' feet of clay exposed in turbulent year

Berlin - Chancellor Angela Merkel facing the biggest challenge of her tenure, Volkswagen and the national football association each mired in scandal: the pillars of German public life will start 2016 on wobbly foundations.

VW scandal prompts Germany to toughen approval rules

Berlin - Germany's transport minister said Sunday that in the wake of the Volkswagen emission cheating scandal, major automakers would have to disclose their engine software to state regulators.

New sales of VW cars down 2.0% in Germany in November

Frankfurt - The number of new Volkswagen cars registered in Germany declined by 2.0 percent in November, but VW remained the biggest-selling brand in its home country, official data showed on Wednesday. New registrations of VW cars declined by 2.

VW says 'around 50' witnesses have come forward in internal probe

Frankfurt Am Main - Around 50 employees of German auto giant Volkswagen have come forward to testify in the group's internal probe into a massive pollution-cheating scandal, a spokesman said on Tuesday.

French police raid Volkswagen offices over emissions scandal

Paris - Police have raided Volkswagen's French headquarters over an investigation into the massive pollution-cheating scandal that has engulfed the German auto giant, a judicial source said Sunday.

'Fewer than 10' targeted in VW probe: German prosecutors

Frankfurt - German prosecutors said Friday they had identified fewer than 10 suspects in the massive pollution-cheating scandal that has engulfed Volkswagen, as the auto giant announced a drop in worldwide sales.

VW to recall 8.5 mn vehicles in Europe as Italian police raid offices

Frankfurt - Volkswagen said Thursday it will recall a total of 8.5 million diesel vehicles Europe-wide as police raided the carmaker's office in Italy and those of its sports car unit Lamborghini over a global pollution-cheating scandal.

'Dozens of managers' involved in VW's pollution cheating: Report

Berlin - Volkswagen's pollution cheating programme was developed by dozens of managers, not just a handful of individuals as the company has suggested, news site Spiegel Online reported Wednesday.

Scandal-hit VW to cut investment by 1 bn euros a year

Frankfurt - German auto giant Volkswagen said Tuesday it would slash its annual investment budget by one billion euros ($1.13 billion) for its main VW brand in the wake of the pollution-cheating scandal.

Police raid VW headquarters as probe mounts in Germany, US

Berlin - German police swooped on Volkswagen's headquarters, carrying away files and hard disks as the investigation into a massive pollution cheating scandal expanded on both sides of the Atlantic.

US Volkswagen chief admits knew of emissions problem in 2014

Washington - Volkswagen's US chief revealed he knew more than a year ago that the group's cars possibly breached pollution rules, as he prepared to apologize Thursday before Congress over the massive scandal.

France joins worldwide probes into Volkswagen scandal

Paris - Adding to a raft of investigations worldwide, Paris prosecutors have launched a preliminary investigation into possible fraud over the pollution-cheating software installed in diesel engines by German auto giant Volkswagen, a judicial source said Frida...

Volkswagen scandal puts EU lobbying under spotlight

Brussels - Scandal-hit Volkswagen has for years hired a cadre of lobbyists in the EU capital of Brussels who work intensely behind-the-scenes to influence policy and secure European regulation with a lighter touch.

VW says probe into pollution scam to take months

Frankfurt - Embattled auto giant Volkswagen said Thursday an investigation it has commissioned into its massive pollution cheating scandal would take several months, as Australia became the latest country to warn the company it could face huge fines.

Auto CO2 emissions 40% higher than claimed: Report

Paris - Carbon dioxide (CO2) emissions from cars registered in Europe in 2014 were 40 percent higher on average than their manufacturers claimed, said a report prompting calls Wednesday for an investigation.

VW draws up refit plan for cars in pollution scam

Frankfurt - Volkswagen revealed Tuesday it had drawn up a plan to refit millions of vehicles in a worldwide pollution-cheating scam, as its new chief vowed to act ruthlessly to overcome the "severest test" in the car giant's history.

Germany launches criminal probe against VW's ex-CEO

Frankfurt - German prosecutors on Monday announced a criminal probe against Volkswagen's former boss Martin Winterkorn as VW group carmakers Audi and Skoda said more than three million of their vehicles were fitted with software designed to dupe emission tests.

New Volkswagen boss tries to drag carmarker out of scandal

Berlin - Volkswagen's new boss began trying to pull the embattled carmaker out of the wreckage of a pollution test rigging scandal Saturday, as the United States and Switzerland banned the sale of the group's new diesel cars.

VW stocks close 4.32% down on widening pollution scandal

Berlin - Stocks in Volkswagen ends the week 4.32 percent down, as a scandal that erupted a week ago over devices fitted by the carmaker to cheat emissions tests widened with probes worldwide.The share closed at 107.

VW shares slump 4%, reversing early gains as crisis deepens

Berlin - Volkswagen shares slumped 4 percent in mid-afternoon trade Friday, wiping out earlier gains, as Germany's transport minister said 2.8 million vehicles in the carmarker's home turf were also fitted with emissions rigging devices.

Porsche chief Mueller favourite to be VW's new CEO

Frankfurt - Matthias Mueller, head of luxury sportscar maker Porsche, looks set to take the steering wheel at scandal-hit Volkswagen, replacing Martin Winterkorn who stepped down two days ago.

Porsche chief Mueller to take the wheel at VW: Report

Frankfurt - The head of German luxury sports car maker Porsche, Matthias Mueller, has been picked to succeed Martin Winterkorn as the chief executive of scandal-battered auto giant Volkswagen, the business daily Handelsblatt reported on Thursday.

List of possible candidates for VW's new CEO

Frankfurt - German auto giant Volkswagen hopes to find a new chief executive later this week after Martin Winterkorn resigned in the wake of the massive pollution cheating scandal.

VW to appoint new chief as pollution scandal spreads

Frankfurt - Volkswagen readied Thursday to announce a new chief as the scandal over its rigged emissions tests showed no signs of slowing down, with the EU calling for national investigations and the US saying it was taking the scam's alleged health implications "...

BMW shares down nearly 10% on report of excessive diesel emissions

Frankfurt - Shares in the top-of-the-range carmaker BMW fell nearly 10 percent on the Frankfurt stock exchange on Thursday on a newspaper report that one of its diesel models exceeded EU emission norms.

Volkswagen chief quits as cheating scandal snowballs

Wolfsburg - Volkswagen chief executive Martin Winterkorn resigned Wednesday over a pollution cheating scandal that has sparked a US criminal investigation and worldwide legal action with unfathomable financial consequences for the auto giant.
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David.Monniaux
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In the heart of the city of Málaga is a fascinating museum, dedicated to twentieth century art. And in this case, the art is the automobile, in all its glory!
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In the heart of the city of Málaga is a fascinating museum  dedicated to twentieth century art.  An...
In the heart of the city of Málaga is a fascinating museum, dedicated to twentieth century art. And in this case, the art is the automobile, in all its glory!
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In the heart of the city of Málaga is a fascinating museum  dedicated to twentieth century art.  An...
In the heart of the city of Málaga is a fascinating museum, dedicated to twentieth century art. And in this case, the art is the automobile, in all its glory!
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In the heart of the city of Málaga is a fascinating museum  dedicated to twentieth century art.  An...
In the heart of the city of Málaga is a fascinating museum, dedicated to twentieth century art. And in this case, the art is the automobile, in all its glory!
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In the heart of the city of Málaga is a fascinating museum  dedicated to twentieth century art.  An...
In the heart of the city of Málaga is a fascinating museum, dedicated to twentieth century art. And in this case, the art is the automobile, in all its glory!
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In the heart of the city of Málaga is a fascinating museum  dedicated to twentieth century art.  An...
In the heart of the city of Málaga is a fascinating museum, dedicated to twentieth century art. And in this case, the art is the automobile, in all its glory!
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In the heart of the city of Málaga is a fascinating museum  dedicated to twentieth century art.  An...
In the heart of the city of Málaga is a fascinating museum, dedicated to twentieth century art. And in this case, the art is the automobile, in all its glory!
YouTube
In the heart of the city of Málaga is a fascinating museum  dedicated to twentieth century art.  An...
In the heart of the city of Málaga is a fascinating museum, dedicated to twentieth century art. And in this case, the art is the automobile, in all its glory!
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Untitled
Retinafunk
In the heart of the city of Málaga is a fascinating museum  dedicated to twentieth century art.  An...
In the heart of the city of Málaga is a fascinating museum, dedicated to twentieth century art. And in this case, the art is the automobile, in all its glory!
YouTube
In the heart of the city of Málaga is a fascinating museum  dedicated to twentieth century art.  An...
In the heart of the city of Málaga is a fascinating museum, dedicated to twentieth century art. And in this case, the art is the automobile, in all its glory!
YouTube