French automaker PSA is putting an end to the production of Peugeot and Citroën small city cars, three sources informed Reuters, withdrawing from an increasingly unprofitable market as it begins a
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French automaker Renault has drawn down part of a 5 billion-euro ($5.86 billion) loan guaranteed by the French government, put in place earlier this year to increase its finances during
Daimler shares boosted 4.5% on Friday after the German luxury automaker posted forecast-beating third-quarter results, rallied by a better-than-expected recovery in sales of luxury cars in September. European car registrations increased
General Motors on Tuesday filed an appeal with the 6th Circuit Court of Appeals in Cincinnati, seeking reinstatement of its racketeering lawsuit against Fiat Chrysler Automobiles (FCA). GM took legal
German premium automaker Audi said on Tuesday it had signed a memorandum of understanding with China’s state-owned FAW Group to start a venture for making premium electric vehicles (EVs). Audi
German automaker Audi said on Monday it was ready for Mexican officials to audit its plant located in the central state of Puebla after holding talks with state and municipal officials
Swiss Re and Daimler announced a joint automotive and mobility insurance venture on Monday, looking forward to tapping into a wealth of new data generated by highly automated vehicles to help insurers
German automaker Volkswagen’s Audi unit expects a decline in sales this year despite strong numbers in the months of July, August, and September, Automobilwoche on Sunday, mentioning the statement of
A Mexican auto plant belonging to German automaker Audi remains open and did not close after a dispute over unpaid bills that the firm rejects, as was reported by local
European lawmakers should promote electric car charging facilities as aggressively as they seek to reduce carbon dioxide emissions, Michael Brecht, works council chief at German automaker Daimler, informed Reuters. Automakers
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