Auto Industry News

Owners of the vehicles will get $625 each, which is "many times the prorated value of the temporarily reduced maximum voltage," according to the proposed settlement documents filed Wednesday in U.S. District Court in San Francisco.

The Daimler shareholders will decide on this realignment of their company at an extraordinary general meeting on 1 October this year.

The company, which is also backed by Ford Motor Co, has been in negotiations with the British government for weeks about the construction of a plant near Bristol, the report added.

The Rapid compact sedan is offered in six variants - Rider, Rider Plus, Ambition, Onyx, Style and Monte Carlo

Volkswagen passenger cars brand sees a marked increase in deliveries, sales revenue and earnings in the first half of 2021 despite considerable challenges.

Ather Energy recently released its first Impact Report, in collaboration with Aspire Impact. The report focusses on a company's efforts towards creating a change in the ecosystem around them and being kinder to the environment.

As part of its ACCELERATE strategy, Volkswagen is seeking to grow automotive software integration and the digital customer experience as core competencies.

The Bentayga maintained the number one model position as full market availability was reached for the first time.