Since the beginning of 2016, Airbus Group has been working with an American vehicle technology company that could revolutionize manufacturing by finally fulfilling a long-held industry promise. This is the story of Local Motors, the first recipient of investment capital from Airbus Group’s Silicon Valley-based venture capital fund. Read Full Article.
Bosch is accused in the lawsuit of conspiring with VW to develop technology that enabled diesel vehicles to evade pollution-control tests. After seeking legal protection from VW for its use of the device in the U.S., the German auto-parts supplier continued to participate in the conspiracy to hide the cheating from regulators, car owners said in a court filing citing a 2008 letter from Bosch to VW. Read full article