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First quarter trading at GKN revealed good organic sales growth, supported by an ongoing currency tailwind. However, the shares fell slightly in early trading as the group warned that, while it still expects to see growth in the year ahead, its recent growth rates may...

UK Prime Minister Theresa May has asked officials to develop plans for a scrappage scheme for diesel cars as part of proposals to improve air quality, the Financial Times reported on Monday.   The government is due to announce by April 24 plans to comply with European...

Volkswagen Group's namesake brand is gearing up to roll out four affordable electric vehicles in the coming years. The German company has made “huge progress” in reducing production costs of its all-electric vehicles, Christian Senger, head of the VW marque’s electric-car project, told reporters Tuesday in...

India was the second fastest growth market for passenger vehicles among the top five nations globally, behind China, having expanded by 7 per cent last year.   According to global automobile industry body Organisation Internationale des Constructeurs d'Automobiles (OICA) data, passenger vehicle sales in India stood at...

Armed with deep pockets and decades of industry experience, automakers are leading the race to deploy autonomous vehicles, according to a report by Navigant Research released Monday. Ford Motor Co., General Motors, Renault-Nissan Alliance and Daimler are best positioned for long-term success in a self-driving car...