Well, that's awkward. At its annual media briefing on Wednesday, Volkswagen Group executives said the costs of meeting new emission tests in the EU, lowering carbon emissions globally, and launching multiple new electric models would eat into the company's profits. With the company's diesels in disfavor even in Europe and unlikely to reappear in... Cutting carbon, meeting real-life emission tests, new electric cars to hurt profits, VW says
Well, that's awkward. At its annual media briefing on Wednesday, Volkswagen Group executives said the costs of meeting new emission tests in the EU, lowering carbon emissions globally, and launching multiple new electric models would eat into the company's profits. With the company's diesels in disfavor even in Europe and unlikely to reappear in...
For a company that has only two battery-electric models in production, both several years old, VW Group spends a great deal of time talking about electric cars. The company has plans to launch 30 new electric vehicles by 2025, and has released four Volkswagen ID concepts, the first of which will enter production in November 2019. At its annual...
Fiat Chrysler will abandon the use of diesel engines in all its passenger vehicles by 2022, according to a report Sunday. The company has seen demand for diesel versions of its passenger cars in Europe collapse and faces high costs to get diesel engines to comply with emission limits in real-world use, it said. FCA is expected to announce the move...
As of today, there are 39 hydrogen fueling stations in the U.S., all but four of them in the state of California. They serve roughly 39 million Californians, whereas 284 million Americans outside the state have no access to hydrogen fuel-cell cars nor stations at which to refill them. Germany, on the other hand, has 83 million residents—and...
It's been six months since General Motors completed the sale of its Opel division in Europe to PSA Group, the French parent of the Citroën, DS, and Peugeot brands. With the sale came licenses to run out the model life of GM-designed vehicles sold as Opels (and Vauxhalls in the U.K.) while PSA developed successors on its own underpinnings. Now...
A scrappage scheme in Germany launched by Volkswagen to take the dirtiest diesels off the road has been extended beyond its planned end date of this month. Two years after the diesel emissions scandal that cost it over $25 billion, Volkswagen is extending an incentive program aimed at owners of diesels certified under the older Euro 1 through Euro...
With the exception of California's longstanding ability to set its own tougher emission standards, any car legal to sell in one state of the U.S. is legal to sell in all of them. And aside from a handful of differences—daytime running lights, speedometers marked in km/h—Canadian-market vehicles are largely the same as well. Within the...
Europe already has tough standards for reducing carbon-dioxide emissions in current and future vehicles. Now they're going to get significantly tougher between 2021 and 2030. At its weekly cabinet meeting, held Wednesday, the European Union formally adopted far more stringent requirements for reductions in vehicle emissions of carbon dioxide...
Diesel-powered cars have enjoyed a comfortable market share in Europe for decades, but their decline in popularity continues following numerous diesel-emission cheating scandals and regulatory crackdowns. As if diesel cars hadn't already had enough negative press, a new study says "fuel-efficient" diesel vehicles actually produce more lifetime...
Numerous European countries have rolled out target years in which they plan to ban the sale of new cars powered by internal-combustion engines. At the same time, many European cities have introduced car-free zones in highly congested or polluted areas—which has led to worries that collector-car owners would be left on the sidelines as more...
As it stands today, Asia dominates the production of electric-car battery cells globally, with Japanese and Korean companies representing the bulk of the industry outside of booming Chinese makers. Europe, however, lacks a single major player in the fabrication and assembly of lithium-ion battery cells for cars that plug in. Now European leaders...
Volkswagen has a critical year coming in 2020, when the German brand will launch two incredibly important vehicles nearly back-to-back. The next-generation Volkswagen Golf will arrive that year, and then, one month later, the brand will launch its first mass-market electric car, the ID hatchback. The 2020 car will be the eighth generation of the...
Volkswagen has a critical year coming in 2020, when the German brand will launch two incredibly important vehicles nearly back-to-back. The next-generation Volkswagen Golf will arrive that year, and then, one month later, the brand will launch its first mass-market electric car, the ID hatchback. The 2020 car will be the eighth generation of the...
The data has been crunched and the latest round of sales figures has arrived for a look at European electric and plug-in hybrid sales through the month of July. With another month on the books, Europe still continues to choose one specific electric car and one plug-in hybrid over all the other choices. The two cars topping each list have remained...
Fuel-economy ratings for cars sold in Europe have long been wildly unrealistic, sometimes more than 30 percent more optimistic than real-world consumption figures. Today, that will change. As of September 1, two new and more stringent testing regimes are to be used for certifying new vehicles going on sale in European Union countries. DON'T MISS...
The numbers are in, which means it's once again time take a look at European electric and plug-in hybrid sales. Delivery and registration data is compiled from January through June of 2017, and once more, it remains clear Europe has a favorite electric car. The Renault Zoe walks away with an even higher market share than it had in May and leaves...
The Volkswagen diesel scandal has largely fallen out of the public eye in the U.S., as VW and Audi buy back and modify roughly half a million noncompliant vehicles sold from 2009 through 2016. In Germany, meanwhile, the major sellers of diesel vehicles—not only VW Group but also Mercedes, Opel, and Fiat—have agreed to modify 5 million...
The warning came even before last week's plans for updates to 9 million European diesel cars by German luxury makers Audi and Mercedes-Benz were announced. In a letter sent to the transport ministers of European Union countries, EU industry commissioner Elzbieta Bienkowska warned that proposed bans on diesel cars in European cities could backfire...
Drivers in the U.S. have longer commutes than those in Europe and Asia, on average. In the U.K., short commutes in vehicles with combustion engines—whether gasoline or diesel—pose particularly tough emission problems. That's because the exhaust aftertreatment systems have to warm up fully before they cut emissions to the levels...
Mini, despite being owned by BMW since 1994, has long been a decidedly British brand. But its British roots may be overlooked as a decision on where Mini's electric car is to be built closes in. Most Mini production takes place at the brand's Oxford plant in England, but both supply-chain factors and Brexit may sway BMW board members into...