Car maker Volkswagen tops global list of spending on research and development.
British technology firm Dyson has joined the race to develop a battery-powered electric car. The company is investing billions of pounds to build an electric vehicle that it says will be launched in 2020.
Nitrogen oxide (NOx) emissions were at the center of the Dieselgate scandal that swamped Volkswagen two years ago, but the carmaker's head of development says that problem is solved with its latest engines.
With sales up in September, Ford's new CEO Jim Hackett has revealed a plan to increase investment in electric and larger vehicles. At the same time he is implementing a massive cost-cutting program.
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.
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