Audi
Cartel probe looms over German car industry
German carmakers faced a brewing scandal on July 24 as suspicions grew they colluded illegally for decades, further damaging the industry's image and exposing it to massive financial risks.
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There are no Active Officers among the Detained for Human Trafficking near Plovdiv
At 19.45pm on the 132 km of Trakia highway near Plovdiv yesterday, nine Bulgarian citizens and five illegally staying foreigners from Syria and Iraq were detained yesterday.
Internal dossier criticises Audi top management: Bild
German luxury carmaker Audi's management board, including Chief Executive Rupert Stadler, has been sharply criticized by company managers, Bild am Sonntag reported on June 25, citing an internal dossier.
It said the executive board had shown no signals of a fresh start, change or readiness for the future, and that workers were frustrated with "disastrous" indecisiveness.
A Mercedes A-class testing video has leaked and here it is! (VIDEO)
The A-Class is one of the most important models for the German brand, as Mercedes will place particular emphasis on its compact cars.
So, apart from the design where we expect an impressive result, the information says the new Mercedes will be longer, which translates into more space and practicality (more room for the knees and head and more luggage space).
Audi emissions scandal erupts after Germany says it detects new cheating
Audi's emissions scandal flared up again on June 1 after the German government accused the carmaker of cheating emissions tests with its top-end models, the first time Audi has been accused of such wrongdoing in its home country.
Prosecutors Search Audi Offices in Germany
German prosecutors have started searching the premises of the headquarters of Audi in Ingolstadt and its factory in Neckarsulm, announced a spokesperson of the luxury cars maker, reported Reuters.
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BAMC says Cimos clients ready to continue with cooperation
"A meeting was held in a very positive atmosphere today between representatives of [state assets custodians] BAMC and SSH and Cimos's clients," BAMC, the Slovenian bad bank, wrote today after it become clear a few days ago that the Italian fund Palladio Finanziaria would not acquire the indebted company.
Volkswagen faces reforms, oversight for three years under U.S. Settlement
Volkswagen AG, as part of a $4.3 billion settlement with U.S. regulators, on Wednesday agreed to sweeping reforms, new audits and oversight by an independent monitor for three years to resolve diesel emissions cheating investigations.
Princess Diana’s Old Car Is for Sale for 70,000 dollars
A convertible Audi that Princess Diana used to carpool with sons Prince William and Prince Harry is up for grabs , for around 70,000 dollars.
Volkswagen faces billions in penalties as US sues for environment violations
The U.S. Justice Department on Jan. 4 filed a civil lawsuit against Volkswagen AG for allegedly violating the Clean Air Act by installing illegal devices to impair emission control systems in nearly 600,000 vehicles.