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BMW's first quarter operating profits just miss expectations

BMW Q1 profit hit by currency, higher expenses

BMW said its first-quarter operating profit slid 2.5%, slightly missing expectations, due to currency headwinds and higher administrative and selling expenses.

Business • 03 May 16

Volkswagen CEO Matthias Mueller said the company's cost cuts are in full swing

VW's CEO eyes solid 2016 growth despite crisis

Volkswagen has a chance of posting solid growth in its operating business this year even as it grapples with its diesel emissions scandal and a strategic repositioning, its CEO Matthias Mueller said.

Business • 28 Apr 16

The US Commerce Department said retail and food services sales fell 0.3% in March

US retail sales fall in March as car sales slow

US retail sales fell in March, dragged down by the car sector, according to official data today that suggested tepid consumer spending.

Business • 13 Apr 16

New car sales motor 30% higher in the first quarter of this year

First quarter new car sales motor 30% higher - CSO

New figures from the Central Statistics Office show that new car sales rose by 30.1% in the first quarter of the year.

Business • 08 Apr 16

New aircraft orders surged 54.2% in January, new Commerce Department figures show

US durable goods orders rise after 2 month slump

New orders for US durable goods picked up in January after losing ground for two months in a row, in a sign of strength among US manufacturers.

Business • 25 Feb 16

Renault said its net income rose to €2.82 billion from €1.89 billion a year earlier

New models lift Renault profit despite Russia hit

Renault's full-year profit rose almost 50% in 2015 on strong sales of new models, but the French carmaker slashed the value of its stake in Lada-maker AvtoVAZby €225m amid a Russian car market slump.

Business • 12 Feb 16

Ford will exit all areas of business, including closing dealerships and stopping sales, of its cars in Japan and Indonesia

Ford to exit Japan, Indonesia markets this year

Ford Motor is to close all operations in Japan and Indonesia this year as it sees "no reasonable path to profitability" there.

Business • 25 Jan 16

CSO says that every county showed an increase in the number of new cars sold last year

New car sales motor 31% higher in 2015

A total of 121,110 new cars were licensed during 2015, up 31.1% on the previous year, new figures show today.

Business • 14 Jan 16

A total of 24.60 million cars were sold in China last year, up 4.7% from 2014

China 2015 car sales growth hits three-year low

Vehicle sales in China, the world's largest car market, increased at their slowest pace in three years in 2015, industry group data shows, as slowing growth and volatile stock markets hit demand.

Business • 12 Jan 16

Several studies show the dangers to children who inhale second-hand smoke

Smoking in cars with children banned from new year

A ban on smoking in cars where children are present will come into effect on New Year's Day.

News • 17 Dec 15

US retail sales rose by 0.6% i November after an unrevised 0.2% gain in October

US consumer spending rises strongly in November

A gauge of US consumer spending rose solidly in November as the Christmas shopping season got off to a fairly brisk start.

Business • 11 Dec 15

VW chairman says the emissions scandal was the result of a 'chain of errors'

Small group to blame for emissions scandal - VW

Volkswagen said today that only a small group of employees were responsible for cheating US diesel emissions tests

Business • 10 Dec 15

VW now says only 36,000 cars affected by CO2 emissions

VW says CO2 emissions scandal not as bad as feared

Volkswagen understated carbon dioxide emissions on many fewer vehicles than initially feared, the German company said today.

Business • 11 Dec 15

VW Korea has been fined $12.31m, the biggest penalty imposed on a car maker in Asia's fourth-biggest economy

South Korea fines Volkswagen, orders recall

South Korea today became the first country outside the US to punish Volkswagen on the basis of its own emissions tests, slapping the German automaker with a record fine.

Business • 26 Nov 15

3,943 new private cars were licensed in October, up 27.9% on the same time last year

Despite scandal, VW still tops new car sales

Volkswagen remained the most popular make of new car sold in October, despite the company's admission in September that it cheated on diesel-emissions tests in the US.

Business • 09 Nov 15

Investors have wiped another €3 billion off Volkswagen's market value today after the latest relevations.

98,000 petrol cars hit in VW's CO2 scandal

Around 98,000 petrol cars count among the 800,000 Volkswagen vehicles found to show irregularities on their carbon emission levels, Germany's Transport Minister said today.

Business • 04 Nov 15

Volkswagen is sticking to its guidance for full-year deliveries to be on a par with last year's record 10.14 million car sales

Minister requested meeting with VW over emissions

Minister for the Environment Alan Kelly has not had a meeting with Volkswagen Ireland Managing Director Lars Himmer to discuss the emissions fixing scandal, despite his office sending a written request for one on 25 September 2015.

Business • 28 Oct 15

Ford said its net income rose to $1.9 billion in the third quarter from $1.1 billion a year ago.

Ford Motor reports higher third quarter profits

Ford Motor Company has today reported sharply higher quarterly profits, driven by its record quarterly performance in North America.

Business • 27 Oct 15

Germany has said it will keep the US government regularly informed on developments

Germany invites US experts to check diesel tests

The German Transport Minister has invited US experts to Germany to observe checks being conducted on vehicles with diesel engines, as a result of Volkswagen's emissions-rigging scandal.

Business • 27 Oct 15

New VW CEO Matthias Mueller is set to speak to management about the company's response to the crisis

VW to recall 8.5m diesel vehicles across Europe

German auto giant Volkswagen has said it will recall a total of 8.5 million diesel vehicles Europe-wide that are equipped with sophisticated software enabling their engines to cheat pollution tests.

Business • 15 Oct 15

845 Volkswagen cars were sold last month, new CSO figure show

New car sales motor 35% higher in September

Volkswagen was the most popular make of new car sold in September, new figures from the Central Statistics Office show.

Business • 07 Oct 15

About 1.7 million cars were sold in China in August

China tax cut on small cars seen lifting sales

China has halved sales tax on small cars to revive growth in the world’s biggest automobile market.

Business • 30 Sep 15

New CEO Matthias Mueller said the company had drawn up a 'comprehensive' refit plan

Volkswagen to refit cars hit by emissions scandal

Volkswagen signalled today it would recall up to 11 million vehicles as it tries to address the scandal over its admission that it cheated US diesel emissions tests.

Business • 29 Sep 15