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Christoph Rauwald

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VOLVO PLANS TO PHASE out the combustible engine, starting by only offering hybrids and electric cars starting in 2019. BLOOMBERG FILE PHOTO /MARK KAUZLARICH

Volvo vaults to volts, planning to pull plug on gasoline engines

NEW YORK - As it turns out, news of the death of the internal combustion engine may not be very exaggerated after all. On...
VOLKSWAGEN AG is closing in on a deal to pay $4.3 billion in criminal and civil penalties to settle a U.S. probe into the rigging of diesel-powered cars to cheat emissions tests. / BLOOMBERG NEWS PHOTO

VW closes in on $4.3B U.S. accord in diesel scandal

DETROIT - Volkswagen AG is closing in on a deal to pay $4.3 billion in criminal and civil penalties to settle a U.S. probe...
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