Renault’s incoming Chief Executive Luca de Meo stated on Friday that he was confident that the French carmaker, which has just launched major cost cuts, could come up with a
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Daimler on Friday stated it had put a development alliance in the area of self-driving between its luxury brand and rival German luxury automaker BMW on hold after an extensive
BMW is not going to extend the contracts of 10,000 contract workers, a company source informed Reuters on Friday, as the German luxury automaker seeks to decrease its capacity because
Markus Duesmann, the head of Audi, is going to also head the research and development division at Volkswagen’s premium brand, two sources informed Reuters on Thursday. Hans-Joachim Rothenpieler, Audi’s current
Italy’s Treasury has taken another step towards approving a state guarantee for a 6.3 billion euro ($7.1 billion) loan for Fiat Chrysler Automobiles (FCA) Italian unit, a government source informed
Volkswagen will pay a 48% premium to buy out the small shareholders of premium division Audi, the premium division said on Tuesday. Volkswagen, which already holds 99.64% of Audi, declared
Volkswagen is boosting its stake in U.S. company QuantumScape by up to $200 million to increase the development of solid-state battery technology that aims to increase the range of electric
French automaker Renault plans to cut 1,500 engineering jobs in France, a trade union source informed Reuters on Tuesday. The engineering job cuts are part of cost savings plans that
Peugeot’s award-winning light commercial vehicle (LCV) range is now available for booking online through Peugeot Buy Online. Customers can speak to a Brand Specialist from online portals, configure and reserve
Fiat Chrysler Automobiles (FCA) is among the nine companies participating in a U.S. Department of Transportation initiative created for improving the safety and testing transparency of self-driving cars, and Michigan is among
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