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Criminal proceedings against Volkswagen Group’s diesel-emission scandal has been started in Luxembourg. Regulators had been cheated by car manufacturers. European Union country's infrastructure minister said it was lodging a complaint with prosecutors without naming any of the parties under suspicion. He said that due to a large probability that a defeat device was used, they decided to launch a lawsuit. In documents handed out to reporters at a news conference, Luxembourg's infrastructure ministry described itself as a victim of criminal action that led it to certify ...
Daimler AG’s Mercedes-Benz jumped out to an early lead in the race for U.S. luxury car sales supremacy, posting a record January after winning the crown last year for the first time since 2013. Mercedes sold 25,527 cars and light trucks in the U.S. last month, a 3.5 percent increase from a year earlier. Following a year in which premium car models lost market share to light trucks, the brand scored significant gains with sedans last month, as the C-Class jumped 27 percent and E-Class surged 49 percent. Dietmar Exler, chief executive officer of the Atlanta-based U.S. unit, clai...
Porsche Cars North America, which is the importer and distributor of Porsche 911, 718 Boxster and 718 Cayman sports cars, Macan and Cayenne SUVs, and the Panamera four-door sports sedan line-up in the United States, delivered 4,602 vehicles in January. This was the strongest January sales month ever recorded by the company. Porsche has revealed the number of Certified Pre-Owned cars it outsold during January, and it surpassed the same period of the last year with 11.6%. January 2017 sales were up 5.7 percent over the same period last year with a well-balanced sales result acro...
For nearly a year and a half, the Volkswagen Dieselgate scandal has been making headlines. While the headaches might not be over for Volkswagen executives, they could be coming to an end for U.S. owners of Audi, Porsche, and VW vehicles illegally designed to cheat on emissions tests. In fact, some believe that there could be a silver lining to Dieselgate's dark clouds: a small surge in auto sales, similar to the one spawned by the U.S. government's Cash-for-Clunkers program in the wake of the Great Recession. Car sales in America are going strong, but the rate of growth has ...
We knew that U.S. car and truck sales slipped 1.8% in January as automakers pulled back on bulk sales to rental, government and business fleets and concentrated on more profitable retail sales to individual consumers. Fleet sales, particularly those to rental agencies, are skewed toward passenger cars, which are falling out of favor as consumers shift to sport utility vehicles and trucks. Nissan's Rogue SUV continued to be Nissan’s top seller as sales soared 45.5% in January. It’s important to notice that 62.6% of January U.S. sales were of SUVs and trucks, up from 5...
