The European Union has moved towards cracking down on carmakers who cheat emissions tests by giving the EU executive more powers to monitor testing and impose fines.

EU ministers agreed on Monday on draft new rules for approving cars for sale in order to prevent a repeat of the Volkswagen (VOWG_p.DE) emissions scandal and giving the European Commission the powe

General Motors Co (GM.N) was accused in a lawsuit on Thursday of rigging hundreds of thousands of diesel trucks with devices similar to those used by Volkswagen AG (VOWG_p.DE), to ensure they pass

The U.S.

Rising Losses, Poor Strategy Also To Blame

Audi (NSUG.DE) pledged full transparency as it continues to clean up after the dieselgate emissions fraud but shareholders at the German luxury carmaker's annual meeting on Thursday again urged man

According to Ind-Ra, country's most reputed credit rating agency, Medium-to-Heavy Commercial Vehicles (MHCV) have witnessed a continuous as well as alarming decline in sales over the years.

The Supreme Court on Monday clarified that manufacturers of farming vehicles like tractors and combine harvesters and construction equipment vehicles (CEVs) can continue to sell BS-III tractors.

Global carmakers converge on China for the Shanghai auto show this week, with the industry bracing for a sharp sales slowdown and potential price war as competition stiffens in the world's biggest