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GERMAN AUTO GIANT
Iran war saddles global companies with $25 billion bill and countingGlobal companies face significant financial strain due to the U.S.-Israeli war with Iran. Businesses are grappling with escalating oil pric...- Germany urges stronger European defence after US announces troop drawdownAmerica plans to pull 5,000 troops from Germany. This move encourages Europeans to bolster their own defenses. Germany is increasing its mi...
- Huawei commits $10 billion to boosting computing power for smart drivingHuawei will ramp up investment in smart-driving research and development, including more than $10 billion over the next five years to boost...
- BMW Group India posts record Q1 sales at 4,567 units with 17 percent growthBMW Group India recorded its best-ever first quarter sales, achieving 17 percent growth. Strong demand for electric vehicles, long wheelbas...
- Volkswagen rolls out 1-millionth car from Pune plant"The rollout of the 1-millionth car is an important milestone for us," said Gurpratap Boparai, managing director, Volkswagen India.
- Mercedes says India investments on hold due to SC diesel banMercedes-Benz today said it has put on hold investments in India due to ban on sale of larger diesel vehicles and the issue has put a quest...
- BMW to recall 6,109 cars over fuel pump problem in ChinaThe vehicles were produced between June 12 and November 19, state-run news agency Xinhua reported. The BMW China Automotive Trading Co Ltd ...
- Scandal-hit Volkswagen to cut investment by 1 billion euros a yearVolkswagen said it would slash its annual investment budget by one billion euros for its main VW brand in the wake of the pollution-cheatin...
- S&P cuts Volkswagen's credit rating after scandalS&P cut by one notch the long-term debt rating of German auto giant Volkswagen in the wake of the pollution-cheating scam involving its die...
- BMW says talks with Apple don't involve developing a carAuto Motor and Sport said in its March 4 edition that the two firms were discussing possibilities for cooperating on the development of a p...
- Narendra Modi to jointly open Hannover trade fair along with Angela MerkelPrime Minister Narendra Modi will jointly open the Hannover trade fair along with German Chancellor Angela Merkel when he travels to German...
- Mining giants to drop Australian iron ore merger: reportAnglo-Australian mining giants Rio Tinto and BHP Billiton are to scrap a proposed merger to combine iron ore operations in western Australi...
- Fiat boss says Opel deal 'complicated': ReportFiat chief Sergio Marchionne sounded a cautious note Friday about the outcome of his bid to take over GM subsidiary Opel in Germany, saying...
- Volkswagen, Porsche merger talks suspended amid spatMerger talks between Europe's biggest carmaker Volkswagen and luxury sportscar manufacturer Porsche were suspended Sunday, amid a rift betw...
- Fiat's arrival at Chrysler wheel changes auto landscapeThe landscape of the global auto industry is set to be radically redrawn with the appointment on Thursday of Fiat corporate rescue maestro ...
- German group Solarworld bids 1.0 bn euros for Opel car plantsGerman solar energy company Solarworld has offered to buy the four German auto factories owned by Opel, a division of US auto giant General...
- ThyssenKrupp scouts for Indian JV partnerGerman component giant ThyssenKrupp is understood to be looking for a buyer or a JV partner for one of its global crankshaft facilities and...
- VW boss to visit Malaysia to finalise Proton deal: reportVolkswagen boss Martin Winterkorn will visit Malaysia in the next few weeks to conclude a deal between the German auto giant and state-owne...
- VW, Apple in joint venture talksThe chief executives of German auto giant Volkswagen and US technology group Apple met in California recently to discuss a joint venture, a...
- VW, Apple in joint venture talksThe chief executives of German auto giant Volkswagen and US technology group Apple met in California recently to discuss a joint venture, a...
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