Car maker Volkswagen tops global list of spending on research and development.
Cooperation talks between the German car giant and the Indian market leader about joint development of a car for emerging markets have ended 'amicably' because the pair couldn't achieve planned cost savings.
After German chancellor candidate Martin Schulz called for a Europe-wide quota for electric cars, the debate among German politicians, the EU and carmakers has picked up steam. In China, such a quota already exists.
Auto bosses who met politicians for a "Diesel Summit" in Berlin have agreed on "comprehensive upgrading" of software for more than five million cars. However, the agreement falls far short of what critics say is needed.
German automaker Daimler has announced it is to recall millions of Mercedes-Benz diesel vehicles. The move comes as German authorities investigate the firm for allegedly cheating on emissions tests.
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