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BMW RESTRUCTURING PLAN
BMW to cut 8,000 jobs in Germany as AI-led restructuring takes shapeBMW plans to eliminate around 8,000 jobs in Germany as part of its cost-cutting restructuring plan. The German luxury automaker aims to enh...- Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
- How Europe’s battery hope has become a symbol of the EV bustSwedish battery company Northvolt AB, once a key player in Europe's green economy push, is facing severe financial challenges. The situatio...
- Mercedes set to unveil flagship electric sedan that boasts of 700 km of range beating Tesla's Model SThe April 15 debut of the EQS - the first Mercedes built on dedicated electric-car underpinnings - will mark a milestone for the brand that...
- How Huachen - the parent of BMW's China partner - drove to the brink of bankruptcyAn examination of dozens of bond filings as well as interviews with former Huachen employees and experts shows how the carmaker squandered ...
- Harley plans to hitch a ride with two-wheeler makers, Classic Legends, Hero Motocorp frontrunnersMahindra's Classic Legends could be the obvious choice for the iconic leisure bike making company as it aligns very well with M&M’s approac...
- The evolution of the BMW roundel and why we #JustCantWait to get back on the roadsBMW India is taking steps to ensure its customers can get behind the wheel without a worry.
- Nissan's Infiniti to exit western Europe early next yearInfiniti said it will discontinue the Q30 sedan and the QX30 sport-utility vehicle (SUV) and cease their production by the middle of 2019 .
- Audi's youngest brand executive is looking for a U-turnFor the moment, though, it seems a long and arduous drive. In fact, with Jaguar-Land Rover (JLR) breathing down its neck for the number 3 p...
- TVS rejigs key roles to focus on premium bikes and global marketsOne of the divisions would focus on premium bikes and international markets, while the other would handle mass-market motorcycles, scooters...
- Stock pick of the week: Why Suprajit Engineering is a good betA strong pick up in the domestic two-wheeler industry in the ongoing fourth quarter will help Suprajit, earning it the attention of analyst...
- Porsche cashes in on turnaround with consultancy businessPorsche Consulting's team of over 360 can draw on the carmaker's experience of recovering from the brink of insolvency two decades ago.
- Ten stocks in focus in Friday morning tradeIndian shares are expected to trade in a range. Here is a list of ten stocks that are likely to be in action in morning trade today.
- Inchcape nudges up 2010 forecast, to cut 500 jobsMultinational car dealer Inchcape plans to cut 500 jobs due to a challenging outlook for four of its markets, although 2010 profits will co...
- General Motors weighs final Saab bidsGeneral Motors named a restructuring firm to run the winding-down of Swedish carmaker Saab, even as it reviewed several bids which included...
- Magna: An immigrant's rise to riches and Opel controlMagna, which has won the hand of GM's European brand Opel, is a Canadian auto parts maker that mounted its offer with the backing of Russia...
- Fiat chief tries to clinch Opel deal in BerlinFiat chief Sergio Marchionne jetted back to Germany for an eleventh-hour attempt to win over a sceptical Chancellor Angela Merkel to his bi...
- GM, Chrysler could still end in bankruptcyThe conditions are such and timeframe so tight, that risk of bankruptcy can't be ruled out, analysts said. Global stimulus package | US aut...
- Number of companies interested in buying Saab: CEOMany companies are interested in taking over Swedish car maker Saab if its owner, General Motors, decided to sell.
- Fiat sees sales goal key to profitable Alfa RomeoAlfa Romeo will become profitable when it manages to sell at least 300,000 cars a year.
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