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Nissan to purchase 34 percent of Mitsubishi Motors’ shares

Following the fuel economy cheating scandal that rocked Mitsubishi Motors, Nissan came to the rescue by acquiring 34 percent of Mitsubishi's shares worth 237 billion...

Porsche suspends sales of Cayenne diesel models, VW CEO announces global 5-Step recovery plan

Porsche North America this week has halted sales of the Cayenne SUV, specifically those running on the 3.0-litre diesel engines made between 2014 to...

VW CEO Martin Winterkorn resigns over ‘dieselgate’ scandal, succeeds by Porsche CEO Matthias Müller

This is undoubtedly a dark phase for Volkswagen amidst the 'dieselgate' scandal involving up to 11 million oil-burning cars that are apparently fitted with...

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