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Germany says testing diesel cars of foreign automakers

November 7, 2015 by · Leave a Comment 

Germany is subjecting diesel vehicles including those from foreign manufacturers to strict checks, its transport minister said, following Volkswagen's latest disclosure that it gave false data on CO2 emissions. In a deepening scandal, Volkswagen on Tuesday said it had understated the fuel consumption and carbon dioxide emissions of about 800,000 vehicles sold in Europe. VW in September admitted that it had cheated on diesel emissions tests in the United States.

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Germany says testing diesel cars of foreign automakers

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Nissan joins automakers dropping Takata air bag inflators

November 7, 2015 by · Leave a Comment 

Nissan Motor Co said on Saturday it will not use air bag inflators made by Japanese auto parts supplier Takata Corp in its cars. Nissan joins most major automakers, including Toyota Motor

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Nissan joins automakers dropping Takata air bag inflators

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Berkshire profit doubles to record on Kraft Heinz

November 7, 2015 by · Leave a Comment 

By Jonathan Stempel and Jennifer Ablan NEW YORK (Reuters) – Warren Buffett's Berkshire Hathaway Inc said quarterly profit doubled to a record high, reflecting a large gain on its stake in Kraft Heinz Co , while operating profit declined on weaker results from insurance underwriting. Operating profit fell 4 percent to $4.55 billion, or $2,769 per share, from $4.72 billion, or $2,876.     Analysts on average expected operating profit of $2,720.60 …

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Berkshire profit doubles to record on Kraft Heinz