WASHINGTON German automaker Volkswagen AG will pay as much as $15.3 billion after admitting it cheated on U.S. diesel emissions tests for years, agreeing to buy back vehicles from consumers and provide funding that could benefit makers of cleaner technologies. | Video
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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.
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.
Tesla Motors Inc Chief Executive Elon Musk said on Wednesday that the proposed acquisition of his SolarCity could eventually push the electric car maker's valuation to $1 trillion, but investors disagreed.
LONDON Jaguar Land Rover, Britain's biggest carmaker, estimates its annual profit could be cut by 1 billion pounds ($1.47 billion) by the end of the decade if Britain leaves the European Union, according to two sources familiar with the company's thinking.