Automotive industry
Mercedes, VW Recall Million Vehicles In China
German automakers Mercedes Benz and Volkswagen will recall nearly one million vehicles in China, according to the...
BMW Third-Largest Electric Car Manufacturer
The market for electric cars and hybrids grew by 37 percent in 2016. BMW has made e-car production a priority, and now...
Peugeot To Buy GM’s Opel, Creating 2nd-Largest European Car Maker
General Motors Co. is selling its loss-making European car business - including Germany's Opel and British brand...
Ford Lowers Profit Forecast As US Auto Boom Ebbs
US auto giant Ford said Thursday its first quarter earnings would come in well below analysts' expectations, as it...
Tesla Seeks $1.15 Bn To Help Fuel Model 3 Launch
Tesla on Wednesday announced plans to raise $1.15 billion in new funding to help fuel production of a mass...
German Prosecutors Searching Audi Offices In Germany
German prosecutors searched Audi's two biggest plants and several other sites on Wednesday in connection with an...
VW Diesel Compensation Is On Track In US But Not Elsewhere
It has been a year and a half since the diesel emissions scandal at the German carmaker Volkswagen first came to light....
Intel Buying Israeli Car Tech Firm Mobileye For $15 Bn
US computer chip giant Intel has agreed to buy Israeli car technology firm Mobileye in a deal worth more than $15...
China May Roll Back Electric Car Quotas As Industry Pushes Back
China is considering easing proposed quotas aimed at producing more electric vehicles, as Beijing gets pushback from...
‘Global Startup’ Vows Autonomous Car By 2020 In US
A 'global startup' which makes electric racing vehicles unveiled plans Friday to sell a fully autonomous electric car...
‘Global Startup’ Vows Autonomous Car By 2020 In US
A "global startup" which makes electric racing vehicles unveiled plans Friday to sell a fully autonomous electric car...
VW and Tata Agree Partnership To Boost Sales In India
VW and Tata have agreed to form a strategic partnership to help both companies boost economy car sales in India and...
Two Die As Motorway Bridge Collapses Near Ancona
The aftermath of the bridge collapse in Ancona A motorway bridge has collapsed near the north-east Italian city of...
Autos Bosses Focus On Technology Rather Than PSA-Opel
The auto industry is facing seismic changes with the rise of electric vehicles, automated driving and car sharing set...
GM Eyes Autonomous Future As It Sells Opel
The move by US auto giant General Motors to offload money-losing European brand Opel marks its latest effort to focus...
GM Set To Announce Opel/Vauxhall Sale On Monday
General Motors is set to announce a deal to sell Vauxhall and Opel to the French company that owns Peugeot and Citroen...
Peugeot Poised To Buy GM’s Opel, Creating European Car Giant
France's PSA Group (PEUP. PA) is set to announce a deal to buy Opel from General Motors (GM.N) on Monday after striking...
Continental CEO Eyes New Business From Opel-Peugeot Deal
Continental (CONG. DE) expects a possible tie-up between PSA Peugeot Citroen (PEUP.PA) and General Motors' (GM.N) Opel...
Miracle! Dozens Escape Death As Truck Falls Off Circle Interchange
It was a miraculous scene Wednesday evening when dozens of people escaped death as a fully loaded 40-footer articulated...