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GERMAN AUTO MAKER
Global Markets| European shares flat as investors await Iran deal details, Fed policy; BMW slidesEuropean markets held firm today, with investors keenly awaiting developments regarding potential peace talks between the U.S. and Iran, al...- BMW Group India to hike prices by up to 2 pc across BMW, MINI vehicle portfolios from July 1BMW Group India announced a price increase for its BMW and MINI vehicles. Prices will go up by up to 2 percent starting this July 1. This c...
- Hot wheels got intelligent: Carmakers are device-fying, and tech companies making cars are bringing their world view with themThe automobile is transforming into a smart device. Traditional carmakers face a challenge as software and data become more valuable than h...
- 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...
- Global Markets | European shares steady as investors eye US-Iran talks, central banksAs investors steadied themselves for pivotal central bank meetings, European markets experienced minimal fluctuations. Oil prices rose, ref...
- The Long Drive: 14 decades of the automobile that changed how we travelFourteen decades, countless journeys and one invention that changed humanity. Atul Bandekar takes us on a ride through the story of the aut...
- Beijing auto show: Chinese EV makers target Europe’s luxury car turfChinese car makers are now targeting premium customers. Brands like Geely and Nio are launching advanced electric and hybrid vehicles. Thes...
- 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...
- German Auto component major ZF to hire 5,000 engineers in India to cater to global R&DIn India, the group aims to triple its business to 3 billion euros and expand sourcing of parts to more than 2 billion euros by the end of ...
- High Court restrains Indian e-rickshaw maker from using trademark similar to German auto major BMWJustice Jayant Nath in his interim order said that prima facie Bayerische Motoren Werke (BMW) has made out a case that the Indian company w...
- Bosch to cut thousands of jobs in India as auto sales slumpIn India, Bosch expects auto sales to only recover in the next two-three years after plummeting in 2019 because of regulatory changes, thre...
- CIL, Mahindra Group, Benz make top offers at IIT-M placementsState-run Coal India, auto-major Mahindra and Mahindra and German luxury car maker Mercedes Benz made top offers at the ongoing placement s...
- Dynamatic Technologies buys German auto component maker Eisenwerke ErlaDynamatic, acquired the company from Chennai-based Sanmar Group , who had bought over Eisenwerke in January 2007.
- Volkswagen to invest $70.7 bn in 2011-2015Volkswagen said Friday it planned to invest 51.6 bn euros (70.7 bn dollars) in the next four years to develop new models and attain its obj...
- Daimler launches first German hybrid carGerman luxury car maker Daimler launched its first hybrid model last week, almost 10 years after the market leader, Toyota.
- ThyssenKrupp drives out of Indian metal businessGerman auto-part maker ThyssenKrupp is exiting the sheet metal business in India by selling its 74% stake in joint venture company ThyssenK...
- Volkswagen to cut all temporary staff: chairmanBERLIN: German auto maker Volkswagen will cut all of its temporary staff, which numbered some 16,500 in 2008, company head Martin Winterkor...
- VW has asked for more than 10 bn euros in loan guarantees: reportVolkswagen, the biggest European car maker, has asked for more than 10 bn euros (14 bn dollars) in state loan guarantees for its financial ...
- Weak demand has Daimler boss mulling cut in work week: ReportThe head of German auto maker Daimler, Dieter Zetsche is mulling over shorter working hours to deal with weaker demand.
- German auto makers get on board the electric bandwagonVolkswagen, Daimler and BMW - all of Germany's biggest car makers now want to launch electric cars.
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