SEC Sues Volkswagen Over Massive Fraud on American Investors
Business

SEC Sues Volkswagen Over Massive Fraud on American Investors

The company was caught using illegal software to cheat on US pollution tests, and it was one of the largest scandals in the automotive industry.
Volkswagen Will End the Production of the Classic Beetle Next Year
Business

Volkswagen Will End the Production of the Classic Beetle Next Year

Volkswagen has just announced that it will stop making it classic Beetle starting next year. This will mark nearly seventy years of production in North America.
Audi CEO Arrested Over Diesel Scandal
Business

Audi CEO Arrested Over Diesel Scandal

Rupert Stadler, CEO of Audi somehow managed to keep his job after it emerged that Audi was involved in the development of illegal emissions software. However, a couple of weeks ago, Stadler’s home was raided by prosecutors in Munich who are investigating the scandal.
General Motors Aims to Release 20 Electric Cars over the Next Six Years
Business

General Motors Aims to Release 20 Electric Cars over the Next Six Years

General Motors is about to go all electric. The US carmaker announced on Monday that it will be rolling out two new electric vehicles in the next 18 months and 20 electric vehicles over the coming six years.

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