Now playing Next Japan Mitsubishi centre raided as Japan probes faked fuel economy tests Mitsubishi’s shares plunged a further 20 percent on Thursday after it admitted faking fuel economy data on cars sold in Japan. 21/04/2016
Now playing Next USA VW avoids Federal US trial by paying diesel customers 5000 dollars Volkswagen has reached a deal with the US authorities just hours before the expiry of a deadline to settle in its case of cheating its diesel 20/04/2016
Now playing Next Business Series VW sales slow again VW cars recorded another month of falls in sales in March, the 16th out of the last 18 months for Europe’s number one motor manufacturer. Losing only 15/04/2016
Now playing Next Business Series VW to slash board bonus package in the wake of emissions scandal The scandal hit car manufacturer Volkswagen looks set to dramatically reduce management bonuses. 11/04/2016
Now playing Next Economy Volvo plans to test self-driving cars in China Up to 100 self-driving cars are set to be given a test run on the roads of China. Volvo is planning to run an experiment, in which local drivers 07/04/2016
Now playing Next Business Series Peugeot unveils new plan to maintain profit French carmaker, Peugeot Citroen, has unveiled its plans to return to consistent sales growth. In what chief executive Carlos Tavares described as a 05/04/2016
Now playing Next Economy Pre-orders for Tesla's Model 3 at 276,000 California-based Tesla Motors is being buoyed by bumper pre-orders of its Model 3 electric car. Its founder and chief executive Elon Musk says they 04/04/2016
Now playing Next Business Series Electric reaction to new Tesla with 180,000+ ordered A sneak preview of Tesla Motors' Model 3 has generated more than 180,000 pre-orders in less than two days, even as sales of all-electric and hybrid vehicles are down. 01/04/2016
Now playing Next Economy Takata airbag recall costs could total 21 billion euros Japan's Takata could face a bill of 21 billion euros for a recall of all of its potentially faulty airbag inflators. 30/03/2016
Now playing Next Economy Maserati safety recall for China over mat and pedal problem Italian luxury car maker Maserati is recalling nearly 21,000 vehicles in China because of concerns the driver's side floor mat could cause the accelerator pedal to get stuck down. 29/03/2016
Now playing Next Economy European carmakers report strong February sales figures New car sales in Europe jumped by 14% in February, the 30th straight month of growth. Only the Greek and Dutch markets declined. Even Volkswagen 16/03/2016
Now playing Next Business Series US Senate says national rules needed for driverless vehicles A US Senate panel has recommended federal laws covering the entire country be put in place for the oncoming driverless car revolution, and has warned 16/03/2016
Now playing Next Business Series Volkswagen sales fall further Volkswagen's sales fell further in February following the German carmaker's rigging of diesel engine emissions tests in the US. Sales in Europe did rise 3.7 percent. 11/03/2016
Now playing Next Business Series Avtovaz boss Bo Andersson is out following sales slump Russian car ,manufacturer Avtovaz has dumped its chief executive Bo Andersson after the Lada maker reported a record loss following slumping sales. 07/03/2016
Now playing Next Business Series The supercars are the stars of the Geneva motor show, but what about hybridization? As the Geneva motor show opens we check out the Bugatti Chiron, the Lamborghini Centenario and the hybridization of our daily drivers. 03/03/2016
Now playing Next Business Series South Korea steps up action against Volkswagen over emissions scandal Volkswagen and Audi's offices in South Korea's capital Seoul have been searched by prosecutors over the diesel engine emissions scandal. 19/02/2016
Now playing Next Business Series Renault 2015 profit up despite big hit from Russia car sales slump Strong sales of new models pushed French carmaker Renault's profit up by nearly 50 percent in 2015, but it slashed the value of its stake in Russia's AvtoVAZ as sales there slumped. 12/02/2016
Now playing Next Business Series BMW enjoys bumper January sales BMW reports a 7.5 percent rise in monthly car sales in January with increases in Europe and China and falls in the US as winter storms deterred buyers. 10/02/2016
Now playing Next Business Series Peugeot Citroen compensates Iran for sanctions prompted pull out French car-maker PSA Peugeot Citroen will pay Iran over 400 million euros in compensation for losses after it quit the country due to international trade sanctions. 08/02/2016
Now playing Next Business Series Volkswagen emissions scandal delays 2015 financial results and shareholders' meeting Volkswagen delays annual shareholders' meeting and publication of its 2015 financial results because of the emissions test-rigging scandal. 05/02/2016