A no-deal Brexit would seriously harm the auto industry in Britain and the European Union by lifting costs and sowing chaos for automakers and consumers alike, the head of Britain’s
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BMW is going to invest 1 billion euros ($1.17 bln) to construct a new plant in Hungary at a time when an increase in protectionism is forcing automakers to curb
German prosecutors stated on Monday they are probing if former Volkswagen CEO Martin Winterkorn moved some of his assets out of Germany after an inquiry into his role in the
German automaker BMW stated it will increase the costs of two U.S.-made crossover sport-utility vehicles in China to deal with the additional expense of tariffs on U.S. vehicle imports into
German automaker Daimler on Thursday stated it was looking forward at ways to mitigate the effect of a trade war between China and the United States, a step which consist
German automaker Daimler stated it will deepen a partnership with China’s Baidu on automated driving and vehicle connectivity services. Daimler and Baidu joined forces in April last year to develop
Former Fiat Chrysler chief executive Sergio Marchionne has died following a 14-year career where he helped to rescue the automaker, the news arriving on Wednesday moments before the group reported
Volkswagen on Tuesday stated engine development expert Markus Duesmann, presently head of purchasing and suppliers at competitor BMW, is to join the automaker’s management board. Duesmann is the second high-profile
Fiat Chrysler CEO Sergio Marchionne was being treated in a Zurich hospital on Sunday with a serious illness as he was suffering complications after shoulder surgery. A Fiat Chrysler spokesman
Volkswagen is renting parking spaces from August to stockpile vehicles which cannot be sold because of bottlenecks as results of new engine emissions tests, a spokeswoman stated. Automakers are hurrying
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