Daimler Truck, Traton shares fall on Trump's truck tariffsShares in Germany's Daimler Truck and Traton fell on Friday after U.S. President Donald Trump announced tariffs on heavy-duty trucks, addin...
Tata Motors' balance sheet strength to offset demerger, acquisition risks: S&P Global RatingsTata Motors' financial stability is expected to mitigate the effects of its commercial vehicle business separation and the planned acquisit...
European shares slip as auto stocks weigh, investors eye US-EU trade talksEuropean shares retreated on Friday, giving back gains from the previous session, as automobile stocks weighed and investors awaited update...
Tata Motors approaches Italy's Agnelli family to buy controlling stake in IvecoIndia’s Tata Motors has approached Italy’s Agnelli family for a potential acquisition of truck maker Iveco Group, according to three Reuter...
Thyssenkrupp deputy chairman to vote against new CEO contract over 'fundamental mistrust'Thyssenkrupp faces internal conflict. Juergen Kerner will oppose CEO Miguel Lopez's contract renewal. This stems from dissatisfaction with ...
European shares fall; US Fed rate verdict in focusEuropean shares slipped on Wednesday, a day after strong gains on Germany's approval for a massive spending surge, while focus shifted the ...
Volkswagen Law: the unique structure behind the German carmaker's labour clashVolkswagen's decision to close plants in Germany and end long-standing labour agreements has highlighted its unique governance and ownershi...
Explainer: What's behind Volkswagen's USD 5 billion EV software bet on Rivian?The tie-up is the latest in a string of deals by Volkswagen Chief Executive Oliver Blume, who took over in September 2022 after the ousting...
European industry faces growth pangs amid soaring energy pricesEurope is paying seven times as much for gas as the US, underscoring a dramatic erosion of the continent's industrial competitiveness that ...
Volkswagen to challenge Rivian, Ford with electric Scout SUVThe carmaker would invest around 100 million euros ($105.52 million) in the new brand, the people said, potentially seeking external fundin...
Carmakers get inventive as global chip crisis bitesThe shortage, due to supply problems and a surge in demand for consumer electricals during the pandemic, has hit the auto industry hard, wi...
What if highways were electric? Germany tests the ideaTraton, the company that owns truck makers Scania, MAN and Navistar, argues that hydrogen is too expensive and inefficient, because of the ...
Daimler, Volvo and Traton plan $600 million truck-charging joint ventureThe three companies, which are normally competitors, will invest 500 million euros ($593.20 million) in the venture that they will own equa...
Daimler set to spin off truck unit by year end: CFO"We are right on schedule with the detailed preparations for this complex project and want to float Daimler Truck on the stock exchange as ...
Sweden's Scania admits 'misconduct' in India after contract-for-bribes reportSVT's allegations ministerns-dotters-brollop included that Scania delivered a specially equipped bus to a company with connections to India...
World's biggest carmaker Volkswagen is giving itself a makeoverLittle-changed since World War II, Volkswagen yesterday unveiled its logo.
Volkswagen's $18.6 billion truck IPO to test CEO's overhaul planVW intends to offer stock in Traton SE for between 27 euros to 33 euros per share.