Volkswagen AG’s truck unit Traton SE has agreed to pay $3.7 billion for the outstanding shares of American truck maker Navistar International in a deal announced on Saturday that would expand
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Fiat Chrysler Automobiles (FCA) and Peugeot maker PSA have won a green light from Brazil’s competition watchdog for their planned billions worth merger, the regulator said. Brazil’s CADE stated in
Bentley Motors’ model line-up will be comprised of only plug-in hybrids and electric cars by 2026 and will be wholly electric by 2030, the British luxury automaker said on Thursday,
New car sales dropped in Germany in October, declining by around 3.6% year-on-year to 274,300 new registrations. Automakers in particular shied away from ordering company cars in view of the
BMW’s third-quarter profit increased by nearly 10% due to Chinese demand for luxury cars, but the automaker warned a new wave of coronavirus infections occurring in Europe and the United States and
Volkswagen AG will roll out eight ID family electric car models in China by 2023, its China chief Stephan Woellenstein stated on Tuesday. The automaker is making two slightly different
Fiat Chrysler Automobiles revealed it could face costs of up to 722 million euros ($840 million) to resolve a Justice Department investigation into excess diesel emissions and following higher fuel
Volkswagen on Friday teased the all-new Golf R and said that the hatchback will be premiered on November 4. The Golf R will be the most powerful in the lineup
Volkswagen returned to profit in the third quarter as increasing Chinese demand for luxury cars helped offset a 1.1% decline in vehicle deliveries because of the coronavirus crisis, sending its
Daimler owned Mercedes-Benz is to lift its stake in the luxury automaker, Aston Martin, to up to 20% by 2023, making it one of the automaker’s largest shareholders, Aston Martin
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