The storm surrounding the dieselgate scandal may have passed, there is still an ongoing investigation: in Germany, investigators went to several Audi locations and to its parent company, Volkswagen. In France, a leaked report spells bad news for Renault.
French car company PSA Peugeot Citroën has paid 2.2 billion euro to acquire German car brand Opel from its current owner, American General Motors. Thanks to the deal, PSA Peugeot Citroën will become Europe's second largest car manufacturer.
American electric car manufacturer Tesla has posted a 121 million dollar (115 million euro) net loss for its fourth quarter. Its previous quarter had resulted in a 21.9 million dollar (20 million euro) profit.
French automobile group PSA, which owns brands like Peugeot and Citroën, is in preliminary talks with General Motors to see whether it can merge its own activities with two of GM's brands, German Opel and British Vauxhall.
Five years after its first test flight, Dutch Pal-V announced it is ready to start commercially selling its flying car, called Liberty. Not everyone will be able to afford it, because its cheapest model costs more than 300,000 euro.
After 4 years, car manufacturer Volkswagen has surpassed its major competitor Toyota again and can now boast to be the world's largest car seller. A remarkable feat considering its cheating software scandal.
Car manufacturer Fiat Chrysler is going to sell some of its cars online, on the Amazon platform. The first step is to sell three models on Amazon's Italian web shop, with an additional discount to entice consumers.
German car manufacturer Volkswagen will cut 30,000 of its 610,000 jobs in order to save up to 3.7 billion euro per year. Germany is hit the hardest, with 23,000 jobs cut, although the company will not force anyone to leave.
European electric car sales have grown 20 % in the third quarter, compared to the year before. Almost three times as many electric cars were sold in Belgium this past quarter, while there was a sales decline in the Netherlands.
Has Volkswagen finally gotten out of the infamous Dieselgate scandal? After positive third quarter results, the board has now increased its full-year forecast. However, major lawsuits still threaten the German car builder.