News - Auto News

VW CEO says German automakers have 50% odds of remaining among 'global elite' over next decade

VW CEO Herbert Diess says that Germany's automakers have a only 50 percent chance of remaining leading players in the fast-changing auto industry.

Geely-backed flying-car developer Terrafugia starts taking orders

Terrafugia, a U.S. flying-car developer owned by Chinese automaker Geely, has begun taking orders for its first product, the Transition, a two-seat aircraft that can switch between driving and flying modes in less than one minute.

Audi fined $927 million by German prosecutors for diesel violations

The luxury brand will not appeal the fine, and it said the penalty will have a significant impact on its annual earnings.

Trump rhetoric unhelpful for tariff talks, says EU's trade chief

Cecilia Malmstrom, the EU's trade chief, said that some of President Donald Trump's rhetoric was unhelpful while she was trying to make progress in tariff talks and said the bloc would have to respond if Washington imposed tariffs on EU cars.

Dealers collect what's left following Hurricane Michael

It's been five days since hurricane Michael made landfall as a Category 4 hurricane, but the restoration for the affected dealerships and their communities could take years.