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Mercedes

Top Car Companies To Fund Car Charging Points

Top Car Companies To Fund Car Charging Points

Volkswagen, its Audi and Porsche luxury brands, BMW, Daimler, and Ford’s European division have joined forces to build more electric car charging sites across Europe. The joint venture wants to create 400 charging sites next year in order to boost the demand on electric vehicles.

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Volkswagen

Volkswagen CEO steps down; US may slap $18B penalty

Volkswagen's manipulation in emission norms is rocking Germany following the latest resignation of CEO Martin Winterkorn. Analysts forecast that the recent developments at Volkswagen will have an impact on business and politics in Europe's largest economy.

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Austrian F1 Grand Prix

CVC say they are under no pressure to sell F1

Formula One's commercial rights holders CVC Capital Partners are under no pressure to sell their controlling stake in the sport and want to keep it, co-chairman Donald Mackenzie told Reuters on Saturday.

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Ferrari Formula One

Racing team success could be winning formula for Ferrari IPO

Ferrari's timely return to the front row of the Formula One grid bodes well for the luxury sportscar maker as it prepares to list shares and split from parent Fiat Chrysler Automobiles. (FCHA.MI) (FCAU.N)

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Electric car

German automakers shift focus to high-end electric cars

German carmakers are shifting their focus toward high-end electric vehicles such as the Audi R8 e-tron and away from cheap city cars, in the latest effort to revive environmentally-friendly but unpopular zero-emission vehicles.

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Android Auto

Google can disrupt car industry but is no automaker, Daimler says

Technology companies such as Google are unlikely to become mass car manufacturers, even if they have the potential to disrupt an industry increasingly focused on software and automated driving, the head of German carmaker Daimler (DAIGn.DE) said on Friday.

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Volvo

Volvo to sell Chinese-made cars in U.S. this year - execs

Volvo Car Group plans to export a Chinese-made midsize sedan this year to the United States, and is starting to weigh the possibility of building a vehicle factory in the United States, people familiar with the Chinese-owned automaker’s plans said.

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Mercedes

France ups stakes in Daimler dispute

France takes legal steps to ban sales of new Mercedes models in line with ongoing dispute about harmful refrigerant.

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