Italy has approved a decree offering state guarantees for a 6.3-billion euro ($7.1 billion) loan to Italian unit of Fiat Chrysler Automobiles (FCA), a source said, paving the way for
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German automaker Volkswagen is in talks to acquire French car rental firm Europcar Mobility Group SA, in a deal that would enable the automaker to better capitalize on its fleet,
Fiat Chrysler Automobiles (FCA) is close enough to obtain the necessary authorizations to get a 6.3 billion euros ($7.1 billion) state-backed loan from Intesa Sanpaolo, an executive at the bank
Volkswagen’s Mexican unit on Monday said about 2% of its workers tested positive for coronavirus. The automaker said these workers had contracted the disease at some point, underlining the challenge
Lawsuit claims about 1.4 million Nissan and Renault vehicles sold in the UK could be equipped with defeat devices. Vehicles include Nissan Qashqai, a petrol-powered version of one of the
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
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
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