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Former chief financial officer also charged

Former Porsche CEO  Wendelin Wiedeking and ex-CFO Holger Haerter have been charged by the Stuttgart prosecutor for stock price manipulation related to the attempted takeover of Volkswagen in 2008. The court has not yet scheduled a d...

US government will no longer own GM in next 12 to 15 months

General Motors has announced that it will buy back 200 million shares of stock from the US government for $27.50 a share for a total of $5.5 billion. The US Treasury Department that has been the owner of the GM stock says that it will divest itsel...

Allows biomethane to be made from CO2 and Hydrogen

Audi has finished its e-gas factory in Werlte, Germany, that makes bio-methane from CO2 and hydrogen. E-gas production will begin in early 2013, and sales to the public natural gas infrastructure will begin in summer 2013. It is the first aut...

Says poor F1 season is his fault

Do you want to know the easiest way to tell that Norbert Haug loved is 22 years as the head of Mercedes Motorsport? His final act for Mercedes is taking responsibility for all of the failings of the Mercedes AMG Formula 1 team this season.  ...

Car will use Mercedes' A- and B-Class platform

Infiniti will build its new compact luxury car in 2015 exclusively at the Nissan factory in Sunderland. It will be able to build 60,000 units a year.  The car that will be based on the same chassis as the Mercedes A- and B-Class will be f...

Available with either the Pentastar V6 or Hemi V8

While the Charger is usually identified as a rear-wheel drive muscle sedan with either a powerful V6 or Hemi V8, Dodge also offers an all-wheel drive version. To make it a little more interesting, Dodge is now offering the all-wheel driver car in ...

Uses an evolution of the technology in the Volt

Cadillac has released a teaser image showing the production Cadillac ELR that will be revealed at the North American International Auto Show on January 15.  The ELR is a range-extended hybrid that uses an evolution of the powertrain from ...

Wants to dominate the Indian market

Among all of the automakers in Europe, the Renault-Nissan Alliance has been the fastest to cope with the European debt crisis by branching out to emerging markets. Renault parleyed its 25% ownership of AvtoVAZ into buying a controlling stake in th...

The first car was just tested on December 15

Peugeot is still very early into testing the 208 R5 rally car that will replace the 207 Super 2000. While the 208 R5 was unveiled at the Paris Motor Show that car was really more of a shell. The first actual, test version was completed on December...

Winner will be awarded on March 4 at the Geneva Motor Show

The nominees for the European Car of the Year 2013 have been announced. The finalists for the award are the  Ford B-Max, Hyundai i30, Mercedes Benz A-class, Peugeot 208, Renault Clio, Subaru BRZ/Toyota GT86, Volkswagen Golf and Volvo V40. ...