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VW should pay Europeans same compensation as U.S. drivers - EU commissioner

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BERLIN Volkswagen AG should offer European drivers similar compensation to what the German carmaker is expected to pay U.S. customers, Europe's Industry Commissioner Elzbieta Bienkowska told a newspaper on Sunday.

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Carmakers assess Brexit cost as shares sink 24 Jun 2016

PARIS/FRANKFURT Carmakers began to assess the cost of Britain's vote to leave the European Union, calling on politicians to protect free trade and warning they might have to raise prices and cut jobs.

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BMW Group declines to speculate on long-term Brexit impact 24 Jun 2016

LONDON German carmaker BMW Group said there will be "no immediate change" to its operations in the United Kingdom following the country's decision to leave the European Union and declined to speculate on any longer-term implications.

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South Korea issues arrest warrant for VW executive in emissions probe 24 Jun 2016

SEOUL A South Korean court on Friday issued the first warrant for the arrest of a Volkswagen AG executive in connection with its cheating of vehicle emissions tests, in another blow to the German automaker's efforts to move on from the scandal.

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UK must seek tariff free EU market access post-Brexit - Aston Martin 24 Jun 2016

PARIS Aston Martin Chief Executive Andy Palmer warned on Friday that Britain's exit from the European Union was likely to require additional "productivity and efficiency" gains at the British sportscar maker.

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Fiat Chrysler sees first software fixes for recalled Jeeps this month 24 Jun 2016

CHELSEA, Mich./WASHINGTON Software upgrades for 1.1 million Jeep vehicles that were recalled for roll away risks, including the Jeep Grand Cherokee, will be available by the end of this month, Fiat Chrysler Automobiles NV's chief of Jeep brand Mike Manley said Thursday.

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Fiat Chrysler accused of concealing defect in Jeep Grand Cherokee 24 Jun 2016

LOS ANGELES Jeep Grand Cherokee owners on Thursday filed suit in California against Fiat Chrysler , accusing the automaker of concealing a shifter design defect linked to driverless rollaway accidents, including this week's death of "Star Trek" actor Anton Yelchin.

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VW to pay over $10 billion for U.S. emissions scandal - sources 23 Jun 2016

WASHINGTON Volkswagen AG will pay more than $10 billion to settle claims by nearly 500,000 owners stemming from its U.S. diesel emissions cheating scandal and fund efforts to offset pollution, three sources briefed on the agreement said on Thursday.

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VW supervisory board mulls damage claims against current, former executives 23 Jun 2016

HANOVER, Germany Volkswagen's supervisory board is studying the possibility of claiming damages from current and former members of the carmaker's management board in relation to its diesel emissions scandal, Chairman Hans Dieter Poetsch said.

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VW owners close ranks as investors vent fury over crisis 23 Jun 2016

HANOVER, Germany Volkswagen's top shareholders closed ranks behind management on Wednesday, defying a torrent of criticism from smaller investors about the German carmaker's emissions test cheating and its response to the scandal.