A German court stated on Wednesday it was putting the proceedings against the chairman and chief executive of Volkswagen AG to an end after the automaker agreed to pay a
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French automaker Renault will resume its Normandy-based Sandouville plant located in northwestern France on Friday, a trade union source informed Reuters on Wednesday. Renault had suspended production at Sandouville plant,
French automaker Renault has reached a deal with banks on a 5 billion-euro ($5.47 billion) state-guaranteed loan to help the automaker deal with the coronavirus outbreak, two sources knowledgeable about
French automaker Renault prepares to cut about 400 out of some 3,200 jobs at its Slovenian unit Revoz following the coronavirus crisis as they hit demand for its products, Revoz
Italy’s Economy Minister Roberto Gualtieri on Monday stated that Fiat Chrysler Automobiles (FCA) has to strengthen investments in the country and avoid delocalizing its plants outside the national borders to
Italian Prime Minister Giuseppe Conte stated on Saturday that Fiat Chrysler Automobiles (FCA) was entitled to apply for the country’s state-backed loans as the automaker employs thousands of workers in
Fiat Chrysler Automobiles (FCA) is in talks with Italian lender Intesa Sanpaolo over a 6.3 billion euro ($6.8 billion) state-guaranteed loan to help the automaker weather the coronavirus crisis, a
Renault is planning to significantly reduce its vehicle range, withdrawing well-known but poorly performing models like the Espace minivans, as part of looming cost reduction plans, four sources in the
Fiat Chrysler’s decision to scrap its dividend has set another setback for plans by the Agnelli family’s Exor arm to raise cash following a $9 billion sale of its reinsurer
BMW on Thursday stated China sales of luxury passenger cars revived in April but the German premium car and motorbike producer cautioned that other markets consisting of the United States
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