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Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...
MNCs in China rethink their Xinjiang connectThe Chinese government has strongly opposed any move by multinational corporations to distance themselves from commercial activity in Xinji...
Nissan shares fall 4% on report Renault exploring stake saleBloomberg reported on Friday that Renault may consider lowering its stake in Nissan as part of its plans to separate its electric vehicle (...
Volkswagen, top shareholder strike framework deal for Porsche IPOIn case of an initial public offering, the share capital of Porsche AG would be equally split into preferred and ordinary shares and up to ...
JPMorgan to buy majority stake in Volkswagen's payments businessThe U.S. bank has agreed to buy close to 75% of Volkswagen Payments S.A. for an undisclosed sum, subject to regulatory approvals.
JPMorgan to acquire majority stake in Volkswagen's payments businessJPMorgan has agreed to buy close to 75% of Volkswagen Payments for an undisclosed sum. The US bank said it plans to invest in and rebrand t...
Volkswagen draws up plans to carve out LamborghiniThey said the German carmaker is looking to make Lamborghini a more independent unit within its stable of car brands and is discussing long...
Volkswagen in final talks to seal biggest M&A deals in China EV sector: SourcesThe firm is poised to buy 50% of Anhui Jianghuai Automobile Group Holding, the parent of EV partner JAC Motors, for at least 3.5 billion yu...
- Terminated partnership with Volkswagen; will seek tie-up mediation: Suzuki Chairman
Suzuki Motor Corp said it plans to buy back up to 20% of its own shares by Nov. 16 next year, contingent on Volkswagen releasing them.
- Suzuki Motor cuts ties with Volkswagen over Fiat spat
Suzuki will seek to end the pact with Volkswagen, even if the German automaker wants to maintain it, Chairman Osamu Suzuki said on Monday i...
- Volkswagen buys 49.9% in Porsche for $5.8 bn
European auto giant Volkswagen Aktiengesellschaft on Tuesday said it has bought 49.9% stake in luxury car maker Porsche for € 3.9 billion (...
- Volkswagen board moves closer to Porsche merger
German carmaker Volkswagen AG said on Friday its supervisory board had approved certain agreement contracts for the planned merger with Ger...
- Volkswagen seals Porsche deal for $4.7 bn
Volkswagen, Europe’s largest carmaker, will pay about e3.3 billion ($4.7 billion) for a 42% stake in Porsche’s automotive unit as it execut...
- Porsche 9-month sales shed 15% to 4.6 bn euros: firm
Sales at the German luxury sports-car maker Porsche plunged by 15 per cent in the first nine months of its fiscal year.
- Volkswagen takes control of Scania
Volkswagen took control of Scania, buying the Wallenberg family stake in the Swedish truck company for 27 billion kronor ($4.37 billion) an...
- Volkswagen takes the driver’s seat at Scania
Volkswagen took control of Scania, buying the Wallenberg family stake in the Swedish truck company for 27 billion kronor ($4.37 billion) an...
- Volkswagen picks up 15.1% stake in MAN
Volkswagen bought a 15.1% stake in MAN, turning the tables on Europe’s third-largest truckmaker and blocking its attempted takeover of Swed...