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Honda to invest more than $370mn in Canada plant

Posted by on Jan 10, 2017 in Automobile | 0 comments

Honda will invest Can$492 ($372 million) in its Alliston factory north of Toronto, with financial support from the federal government and...

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VW reaches $1 bn compensation deal in 3.0-liter diesel case

Posted by on Dec 21, 2016 in Automobile | 0 comments

Volkswagen has reached a $1 billion agreement with US authorities on a compensation deal for the last 80,000 vehicles affected by its...

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VW bosses forced to pay back private jet costs

Posted by on Dec 4, 2016 in Automobile | 0 comments

Bosses at troubled German auto giant Volkswagen have been forced to pay the company back millions of euros for flights on its private...

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China slaps new 10% tax on super-luxury cars

Posted by on Dec 1, 2016 in Automobile, China, Economy, World | 0 comments

China has imposed an extra 10 percent tax on ultra high-end cars costing over 1.3 million yuan ($190,000) such as Lamborghini’s and...

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BMW expands ReachNow mobile services

Posted by on Nov 16, 2016 in Automobile | 0 comments

German automaker BMW announced Tuesday in Los Angeles that it is expanding its ReachNow program with new mobile tools and adding a city...

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BMW drives third-quarter profit into record territory

Posted by on Nov 4, 2016 in Automobile | 0 comments

German luxury carmaker BMW, the world’s biggest, beat expectations on Friday with a new record net profit for the July to September...

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