Honda Civic, Fit Recalled for Transmission Issue

The Honda Civic and Fit models are being recalled for an issue with their continuously variable transmissions (CVTs). A total of 143,676 vehicles are impacted by the recall that affects the 2014-2015 Honda Civic and the 2015 Honda Fit in the U.S. According to Honda,...

Volkswagen scandal may cost up to $87 billion

Credit Suisse analysts believe the Volkswagen emissions scandal will cost the company between 23 billion and 78 billion euros. Volkswagen’s emissions scandal could be far more painful for investors than BP’s disastrous 2010 oil spill in the Gulf of Mexico....