BMW’s finance chief Nicolas Peter wants to slash between 5,000 and 6,000 jobs by 2022, mainly at the automaker’s Munich headquarters, a German magazine reported on Thursday. Manager Magazin also
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Daimler has no strategies to spin off its trucks division or to pursue a merger with BMW as a means to increase the company’s share price, Chief Executive Ola Kaellenius
Audi will Partner with Hydro for aluminium supply German automobile giants Audi have partnered with Hydro for the supply of sustainable aluminium certified by ASI. The aluminium acquired will be
Lotus under the ownership of Geely have finally launched their first full-electric zero emission hypercar. Evija ( pronounced ‘Evv-eye-ah’ ) means the ‘first in it’s existence’ and rightly so. The
Mercedes are all set to celebrate their extraordinary 125 years in motorsport as Formula 1 reaches Germany for its 11th round. The German Giants will be the title sponsor of
Automobile Giants BMW are all set to launch their largest SUV, the BMW X7 in India. The X7 was launched all over the world in the earlier half of this
Volkswagen is going to create joint ventures and help finance battery production to persuade skeptical cell providers to back its aggressive push for mass-producing electric vehicles, board member Stefan Sommer
Automaker Fiat Chrysler (FCA) has signed an agreement with European utilities Enel and Engie to assist provide its customers charging points for electric vehicles (EV) it is preparing to roll
The French government is looking “reasonably favorably” on a proposed merger deal between Italian automaker Fiat and French peer Renault, stated government spokeswoman Sibeth Ndiaye on Monday. “It’s a project
Italian government is going to defend national interest in the FCA- Renault merger and might look for a stake in the new international automaker to match French state holdings, a
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