Search Results for: General Motors
US arrests VW executive on fraud charges
January 9th, 2017
The Federal Bureau of Investigation has arrested a Volkswagen executive who faces charges of conspiracy to defraud the United States, two people with knowledge of the arrest said on Sunday, marking an escalation of the criminal investigation into the ...
Western firms invest billions in Russia as economy returns to growth
November 24th, 2016
A number of large Western corporations are increasing investment in Russia, with the country’s economy recovering from its deep decline, according to Bloomberg. Global retailers like Sweden’s IKEA and France’s Leroy Merlin have started pouring billions of dollars into ...
FC Barcelona Signs Up Rakuten in $235 Million Jersey Deal
November 17th, 2016
Four-year agreement with Japanese firm among sport’s biggest Internet company’s logo will replace Qatar Airways next season Japanese e-commerce giant Rakuten Inc. is paying 220 million euros ($235.4 million) to emblazon its logo on the FC Barcelona soccer team’s ...
Don’t Sweat The Election. The Next Crisis Is Already Baked Into The Cake
November 1st, 2016
Friday was one of those days where you walk away from the screen for a minute and come back to find a completely different market. All it took was the FBI finding a trove of new Clinton emails, thus ...
New Study: Volkswagen are the least polluting diesel vehicles; Which car brands pollute more than the legal limits
September 19th, 2016
Dieselgate 1st anniversary: all diesel car brands in Europe are even more polluting than Volkswagen – study As Dieselgate turns one year old, a new study by Transport & Environment (T&E) reveals that Volkswagen is currently selling the least ...
The One Trillion Dollar Consumer Auto Loan Bubble Is Beginning To Burst
September 7th, 2016
Do you remember the subprime mortgage meltdown from the last financial crisis? Well, this time around we are facing a subprime auto loan meltdown. In recent years, auto lenders have become more and more aggressive, and they have been ...
Mazda to recall more than 2 million vehicles worldwide
September 1st, 2016
The models affected include among others, the Mazda3 sedan and hatchback and the Mazda CX-3 crossover SUV. Mazda Motor Corp is to recall 2.3 million vehicles worldwide, over issues related to their tail gate. The same was revealed by ...
10 questions about Brexit’s impact on the auto industry
July 7th, 2016
The shock waves from the U.K.’s historic vote to leave the EU are about to hit the global auto industry. Analysts predict that falling sales and rising costs are the most likely outcomes for automakers as Europe’s second-largest car ...
Top Currency Traders Warn White House Race May Echo Brexit Chaos
May 16th, 2016
Campaign trail rhetoric foreshadows dollar volatility ahead Policies on trade, currency manipulation may weaken greenback Traders wanting to know what November’s U.S. presidential election will mean for the dollar need look no further than the U.K. The pound plunged ...
VW faces tougher Justice Department while GM and Toyota settled criminal charges without pleading guilty
February 8th, 2016
Government making `big deal’ of company’s emissions cheating GM, Toyota settled criminal charges without pleading guilty No one has died from the emissions-cheating software Volkswagen AG has admitted it installed in some of its cars, yet the U.S. Justice ...
