BMW were accused yesterday by the AutoBild Germany that they are in the same situation with Volkswagen with the BMW X3 2.0 diesel engine that emits 11 times more than the legal limits. The German journalists later rectified the information, but BMW had already fallen by 10% on the stock exchange. The Volkswagen crisis, or Dieselgate, gets in some cases ...Read More »
Martin Winterkorn resigns as CEO of Volkswagen: “I am shocked by the scandal. VW has been and will remain my life”
Martin Winterkorn has announced his retirement as CEO of the Volkswagen Group. The official was shocked by scandal in recent days, but looked confident in solving the problem. After the international press all “nailed the coffin” of Winterkorn all week anticipating a resignation or a dismissal somewhere this weekend, it seems that the speed with which successive facts hurried resignation ...Read More »
Volkswagen is likely to face the largest fine ever for influencing US emission tests. The company’s shares fall.
Volkswagen CEO – Martin Winterkorn – said the scandal involving the company diminishes the trust of the customers. The consequences are serious, because the German automaker risk the highest fine in the history of the automotive industry: 16 billion USD. The scandal involving the Volkswagen Group in the United States is growing. US government authorities have accused the German conglomerate that ...Read More »
The Italians from Lamborghini have developed a convertible version of Huracan: Lamborghini Huracan Spyder has 610 hp, a top speed of 325 km/h and 17 seconds for its folding rooftop. Lamborghini Huracan Spyder will debut at the 2015 Frankfurt Motor Show with the same 5.2-liter aspirated V10 engine and 610 hp, but with a folding rooftop. The Italian Spyder adaptation ...Read More »
Porsche Macan and BMW X3 have a new rival built in the UK: Jaguar F-Pace promises the same charm as the rest of the Jaguar models, but in a complete atypical package. The interminable teaser series we had small pieces of the latest model of the Jaguar ended on the evening of Monday, September 14, at which time the British brand ...Read More »