Automaker Opel, a unit of PSA Group, prepares to slow production at two German sites after the summer to help slash costs in response to reduction in sales, local newspaper
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BMW stated it is producing between 10,000 and 20,000 X5 sports utility vehicles in Thailand in order to supply Chinese consumers now that imported automobiles from the United States face
BMW expects China sales to increase between 5 and 10 percent in 2018, despite the introduction of 40 percent import tariffs on automobiles imported from the United States since July
Volkswagen Group’s CEO Herbert Diess cautioned that new anti-pollution tests possess a risk to the automaker’s profit targets. Volkswagen has cautioned that production of up to 250,000 cars is going
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
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
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