Auto News: Daimler, Jeep, Suzuki, Mitsubishi, Martin Winterkorn, Volvo

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Costly 'dieselgate' chokes Daimler results in 2019

TECHXPLORE

German auto giant Daimler warned Wednesday that its 2019 earnings could fall short of expectations due to massive new charges over diesel emissions cheating. read more »

Jeep, Suzuki models found to have broken EU emissions rules

AUTO NEWS

Fiat Chrysler Automobiles' Jeep Grand Cherokee and Suzuki's Vitara diesel models both break emissions rules and must be fixed or face a ban on sales across Europe, the Dutch road authority ruled on Thursday.

The Grand Cherokee and Vitara had used "prohibited emissions strategies" that led them to emit higher levels of harmful nitrogen oxide (NOx) on the road than under testing conditions, the RDW regulator said.

Regulators across the world have been testing diesel models since Volkswagen Group admitted in 2015 that it used illegal software to cheat U.S. emissions tests. read more »

Mitsubishi Motors' Shares Fall Following Raids By German Authorities

YAHOO FINANCE

Mitsubishi Motors shares fell sharply after authorities raided facilities associated with the company’s German subsidiary on Tuesday over suspected diesel emissions fraud. read more »

Former Volkswagen CEO Martin Winterkorn may be able to keep a $12 million bonus despite charges of fraud and embezzlement in the company's diesel scandal

BUSINESS INSIDER

The ongoing case against former Volkswagen boss Martin Winterkorn, who stepped down as CEO in 2015 and was charged with fraud, embezzlement, and violating competition law last year amid the company's years-long diesel emissions-cheating scandal, could come to a surprise end. read more »

German NGO accuses Volvo of diesel emissions cheating

TEXCHXPLORE

A German environmentalist group said Thursday it had discovered Volvo SUVs emitting massively higher levels of harmful pollutants than legally allowed in the European Union, although Volvo denied cheating.

Researchers at the DUH group "discovered, what is in our view, a clearly illegal defeat device when measuring exhaust from a Volvo XC60... in real on-road driving," they said in a statement. read more »