Credit Suisse estimates Dieselgate scandal could cost VW up to 78 billion Euros

Credit Suisse estimates Dieselgate scandal could cost VW up to 78 billion Euros

Various
04 Oct 2015
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1529

This is outstanding. According to Credit Suisse analysts, the entire Dieselgate could cost the Volkswagen Group up to 78 billion Euros. This is the worst case scenario. But in reality, the problem could be much bigger because there are lots of Euro 5 cars blocked at dealers and because the negative impact on VW’s image will make the people to go for another marque.

Oliver Blume is the new Chairman of Porsche

Oliver Blume is the new Chairman of Porsche

Market
30 Sep 2015
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1682

After Matthias Muller left Porsche to lead Volkswagen Group out if Dieselgate scandal, its place remained empty. Now, the Porsche board decided to name Oliver Blume in the position of Chairman, starting October 1st. It has been exactly five years since Müller left Volkswagen to become the CEO of Porsche AG.

Skoda Octavia RS driven by Hans Joachim Stuck

Skoda Octavia RS driven by Hans Joachim Stuck

Videos
30 Sep 2015
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1785

Everyone thinks that the current Skoda Octavia RS is not such an impressive car. In fact we all know it is a four door saloon with 230 hp under the hood, the same engine used by the Volkswagen Golf GTI.

Volkswagen UK announces its engines recall list

Volkswagen UK announces its engines recall list

Market
30 Sep 2015
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1551

Volkswagen scandal is affecting a large number of vehicles in UK, as the UK clients love diesel engines, being more economic than the gasoline ones.

Fiat Toro teased ahead its debut

Fiat Toro teased ahead its debut

Concept Cars
30 Sep 2015
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1637

Fiat is convinced that Latin America clients are in search for a small SUV, so is anticipating one for its own range with the introduction of a new concept, called Toro. The new model is expected to be introduced next year and it will be a completely new car.

2016 Mitsubishi Lancer launched in US

2016 Mitsubishi Lancer launched in US

New Cars
30 Sep 2015
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2118

Mitsubishi wants to improve its North-American performance and introduces some important modifications for the current Lancer, the compact car that is also sold in Europe for quite a long time. The car is underperforming because the offer in the segment is more technologically updated.

Audi S4 and S4 Avant: photo gallery and informations

Audi S4 and S4 Avant: photo gallery and informations

New Cars
29 Sep 2015
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1527

After we saw the new generation A4, unveiled in spring, Audi offers us its sporty version: the new generation S4. The sporty model is offered in both sedan and estate variants.

Luca de Meo becomes Chairman of Seat

Luca de Meo becomes Chairman of Seat

Various
29 Sep 2015
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1841

Current emissions scandal made some important casualties among Volkswagen officials. Some of them left, and some changed their position inside the company. Luca de Meo is one of them.

2016 Mini Clubman US pricing announced

2016 Mini Clubman US pricing announced

New Cars
29 Sep 2015
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1692

Mini Clubman is reaching the US shores, shortly after it was introduced as a world premiere during this fall Frankfurt Motor Show. The biggest Mini and the most practical one has a lotto offer compared to the old generation.

Volvo starts building its first US factory

Volvo starts building its first US factory

Market
29 Sep 2015
0
1495

The US market is becoming very important for Volvo, who wants to reach 800.000 units sold, per year, until 2020. Currently, in 2014 more exactly, they barely reached 500.000 units.