Automobile industry
A British-led research team has released a scathing report revealing that numerous diesel car manufacturers, including BMW, Ford, Mazda, and Mercedes, are emitting toxic fumes at levels up to 7 times the legal limit in the UK. The study, which monitored 300 new diesel cars over 20 days, found that
Automobile industry
The Volkswagen emissions testing scandal has intensified, with the Paris prosecutor opening a preliminary inquiry into the carmaker for suspected aggravated deception. The investigation, instigated by Pierre Serne, vice-president of the region Ile-de-France responsible for transport, has raised concerns about the integrity of Volkswagen's diesel vehicles. Meanwhile, the
Automobile industry
As the world's top-selling carmaker, Volkswagen has always been known for its reputation for trustworthiness, which has taken decades to build. However, this trustworthiness has been suddenly dented by a scandal that has wiped out billions in market value and raised the specter of criminal investigations and billions
Automobile industry
In a major automotive scandal, Volkswagen has been forced to admit that its "clean diesel" vehicles cheated in U.S. and California air pollution tests from 2009 to 2015. A class action complaint, filed by McCuneWright, LLP on behalf of a Los Angeles man and all other owners
Automobile industry
Volkswagen, the world's largest automaker, faces a crippling scandal after admitting to systematic cheating on U.S. air pollution tests. The company's "clean diesel" vehicles, which have been a key component of its U.S. strategy, have been found to pollute up to 40
Automobile industry
Analysts have issued bullish notes on advanced driver assistance systems (ADAS) technology maker Mobileye (MBLY), citing the recent commitment by ten carmakers to make automatic emergency braking (AEB) a standard feature on their vehicles as a significant catalyst for the company's growth. The U.S. Department of Transportation
Automobile industry
Organised jointly by the Nepal Automobiles Dealers' Association (Nada) and Global Exposition and Management Services, the six-day expo aims to entice auto enthusiasts ahead of the festive season. The event, scheduled to kick off on September 15, will feature 120 stalls of 65 exhibitors representing domestic and international brands.
Automobile industry
Researchers at NISSAN MOTOR CO., LTD. have successfully developed and patented a novel torque converter design that aims to reduce the axial dimension of the device while maintaining its functionality. According to the patent, the new design features two one-way clutches, one of which is placed radially inner to the
Automobile industry
The lowest price to book ratios in the Automobile Manufacturers industry have made headlines, with potential investors eyeing companies with the most value. General Motors, Ford Motor, and Winnebago Industries are among the top five companies with the lowest ratio, sparking interest among traders and analysts. SmarTrend's predictive
Automobile industry
Three companies in the Automobile Manufacturers industry stand out for their exceptionally high PEG ratios, which assess the tradeoff between stock price and expected growth. Tesla Motors Inc boasts the highest PEG ratio of 73.44, indicating significant growth potential alongside a high stock price. Other top contenders include Winnebago
Automobile industry
Despite a slight decline in overall volume, TrueCar projects the seasonally adjusted annualized rate for total light vehicle sales to reach 17.4 million units in August, surpassing the 17.3 million units sold during the same period last year. The strong demand for crossovers and pickup trucks continues to
Automobile industry
Executives from the 10 largest insurance carriers in the United States, including State Farm, GEICO, Allstate, and Progressive, will join major automakers like BMW, Chrysler, and Ford at the Insurance Telematics USA 2015 Conference in Chicago. The event, which marks the fifth year of the conference, will bring together over
