Sales of diesel cars conforming to Euro 5 emissions standards have plummeted, despite recent moves to allow retrofitting. Even newer models are selling poorly. Dealers have a glut of unsold diesel cars. Off-lease models are compounding the problem.
German car dealers active in the used vehicle market are reeling from the aftermath of the diesel emissions-cheating scandal, a new study has shown. Profit margins are going down fast as diesels are hard to sell.
French train maker Alstom has rolled out the world's first hydrogen-powered train on a regular route in Germany, in a push to challenge the reign of polluting diesel trains with costlier but more eco-friendly technology.
The German airline has faced its moment of truth as a fierce bidding war has basically closed. Wildcat strikes by pilots had complicated talks on the break-up of the carrier that filed for bankcruptcy protection.
Europe's largest carmaker has said it's willing to buy back new diesel cars should German cities ban them. The announcement is meant to reassure potential clients and stem a plunge in diesel car sales.
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