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...
23 Apr, 2026, 10.41 PM IST
Huawei to invest $2.6 billion on R&D in smart driving technologiesHuawei is investing heavily in smart driving technology. The company plans to spend billions on research and development and computing powe...
23 Apr, 2026, 06.03 PM IST
Tesla says to add 1,000 jobs in GermanyElon Musk's automotive and robotics company Tesla said Thursday that it would hire more than 1,000 people in Germany, a rare bright spot in...
23 Apr, 2026, 05.37 PM IST
Nexperia chip exports resuming: German auto supplierDutch officials in September effectively took control of Netherlands-based chipmaker Nexperia, whose Chinese parent company Wingtech is bac...
07 Nov, 2025, 08.25 PM IST
Bosch receives first Chinese order for high-performance computer for AIProduction of the computer, which a vehicle manufacturer in China will install in various models for the first time, will start this year w...
23 Apr, 2025, 01.49 PM IST
German minister, autos lobby call for urgent EU-US talks over tariffsGermany's economy minister and its carmakers harshly criticised Donald Trump's 25% tariff on imported vehicles, highlighting the negative i...
27 Mar, 2025, 02.37 PM IST
Europe's auto suppliers reach the end of the roadEmrullah Karaca has made brakes for the past 20 years, but he is now learning to assemble heat pumps instead, as the Continental factory wh...
06 May, 2024, 12.42 PM IST
China to be centre of Mercedes-Benz 2025 EV sales drive, Automobilwoche saysBenz is making China, the world's top auto market, central to its next electric vehicle (EV) campaign starting in 2025, its CEO told German...
23 Jul, 2023, 03.50 PM IST
European shares extend rally on vaccine cheerThe pan-European STOXX 600 gained 0.4%, building on a 5% rally this week, as investors bought into banks and travel-related stocks, both se...
11 Nov, 2020, 03.41 PM IST
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...
02 Jan, 2020, 03.17 PM IST
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...
05 Mar, 2015, 04.37 PM IST
- German car groups welcome in tough Indian market: Officials
Indian officials welcomed German auto and components companies on Tuesday to compete in one of the world's fastest growing markets but warn...
22 Sep, 2009, 04.28 PM IST
- Magna's bid for Opel preferred
Magna International Inc’s offer for General Motors Corp’s Opel unit is preferred by German regional governments over a bid from Fiat SpA, a...
21 May, 2009, 12.00 AM IST
- ThyssenKrupp drives out of Indian metal business
German auto-part maker ThyssenKrupp is exiting the sheet metal business in India by selling its 74% stake in joint venture company ThyssenK...
20 Apr, 2009, 12.29 AM IST
- Auto rivals, suppliers hit by rejection
Renault, Daimler and Faurecia plunged in European trading after the Senate’s rejection of a $14-billion bailout for the US carmakers raised...
13 Dec, 2008, 12.50 AM IST
- Continental spurns surprise bid by Schaeffler
A closely-run family firm is pursuing German auto parts giant Continental with a surprise bid that was spurned by its target on Wednesday a...
16 Jul, 2008, 09.26 PM IST
- Mukand may offer equity stake to Bosch India
The Rahul Bajaj-controlled speciality steel company Mukand is considering making an equity offer to German auto component maker Bosch India.
31 Jul, 2007, 12.55 AM IST