Articles in Diesel News

Volkswagen to Invest $106 Billion Over Next 5 Years

Volkswagen to Invest $106 Billion Over Next 5 Years

The Volkswagen Group announced plans to invest €85.6 billion ($106 billion) into new models and innovative technology, as well as to increase its global presence. Approximately two thirds of the investment will go towards increasingly efficient vehicles and more environmentally friendly production.
The announcement came following a meeting of the company’s …

Volkswagen Introduces Golf SportWagen HyMotion in Los Angeles

Volkswagen Introduces Golf SportWagen HyMotion in Los Angeles

Volkswagen announced the debut its Golf SportWagen HyMotion, a research vehicle, at the 2014 Los Angeles Auto Show. The vehicle is the first fuel cell powertrain vehicle based on the Modular Transverse Matrix.
The front-wheel-drive Golf SportWagen HyMotion will accelerate from a standstill to 60 miles per hour (100 km/h) in …

Audi Opens E-diesel Plant in Dresden, Germany

Audi Opens E-diesel Plant in Dresden, Germany

Audi announced the opening of a pilot plant in Dresden, Germany that produces diesel fuel from water, CO2, and green electricity. The plant will be operated in conjunction with Climeworks and sunfire to industrialize e-fuels.
The sunfire plant requires carbon dioxide, water, and electricity as raw materials to operate. The carbon dioxide …

Volkswagen to Unveil Updated Beetle and Beetle Cabriolet Models

Volkswagen to Unveil Updated Beetle and Beetle Cabriolet Models

Volkswagen announced plans to unveil updated versions of its Beetle and Beetle Cabriolet models by the end of 2014. The vehicles will have new engines, interiors, and driver assistance systems.
The cars will be available with new interior color options including Tornado Red, Pure White, and Reflex Silver Metallic.
Globally, both models …

Audi to Debut Updated A6 and A7 Models in Los Angeles

Audi to Debut Updated A6 and A7 Models in Los Angeles

Audi announced plans to debut updated versions of its A6 and A7 models at the 2014 Los Angeles Auto Show. The vehicles will receive an updated look, new technologies, and new engines for 2016.
The A6 and A7 models will have new front fascia including new LED headlights and a single …

BMW October Sales Increase

BMW October Sales Increase

BMW Group announced financial results for October 2014. The company’s total worldwide sales increased 11.1% from October 2013, selling 184,297 vehicles as compared to 165,854 from the same month last year. This marked the highest ever October global sales month to date for BMW.
Worldwide sales of BMW brand vehicles were …

Mercedes-Benz Announces New Naming Conventions for Models

Mercedes-Benz Announces New Naming Conventions for Models

Stuttgart Retires BlueTec Name in Favor of Simple ‘d’
In an effort to simplify its model names, Mercedes-Benz announced a significant change in the nomenclature it uses for its line and also that it was bringing back the Maybach brand.
The Stuttgart-based automaker says that the new naming system is “simple, clear, …

Chrysler Achieves Best October Since 2001

Chrysler Achieves Best October Since 2001

The Chrysler Group announced financial results for October 2014. The company’s total U.S. sales were up 22% from October 2013, selling 1,726,539 vehicles as compared to 1,497,086. These results marked the best October sales for the company since 2001.
Chrysler’s Jeep brand saw the biggest increase in sales from the previous …

BMW Reports Rise in Q3 Revenue

BMW Reports Rise in Q3 Revenue

BMW Group announced financial results for the third quarter of 2014.
The automaker’s total sales revenue was €19.6 billion, a year-over-year increase of 4.5% from €18.751 billion in the third quarter of 2013.  Operating profit for the company was €2.26 billion, an increase of 17.1% from €1.93 billion in the same …

October Marks 46th Consecutive Month of Record Sales for Audi

October Marks 46th Consecutive Month of Record Sales for Audi

Audi announced financial results for October 2014. The company reported a 16.5% sales increase in the United States, selling 15,150 vehicles as compared to 13,001 in the same month last year. The October sales marked the 46th consecutive month of record sales for the company.
Models such as the Q7, the …

U.S. Fines Kia, Hyundai Record $300 Million for Overstating Fuel Economy

U.S. Fines Kia, Hyundai Record $300 Million for Overstating Fuel Economy

The Environmental Protection Agency and Department of Justice jointly announced that two Korean automakers would pay record penalties to resolve violations of the Clean Air Act in which they inaccurately labeled the fuel economy of their vehicles.
Hyundai and Kia sold 1.2 million vehicles that omitted 4.75 million metric tons of …

BMW October Sales Up 11%

BMW October Sales Up 11%

BMW Group announced financial results for October 2014. The company’s total U.S. sales were up 11% from October 2013 selling 30,602 vehicles as compared to 27,574.   The company said it was its best October ever.
BMW’s Mini unit reported a decrease in sales by 7%, selling only 5,300 vehicles as compared …