BMW aims to surpass competitor Mercedes-Benz in regards to yearly deliveries within two years, CEO Harald Krueger informed German monthly Manager Magazin. “In 2020 we will be the No. 1
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Peugeot SA CEO Carlos Tavares stated on Wednesday the automaker is using the knowledge of former Opel engineers obtained from General Motors to develop automobiles to return to the U.S.
Ford Motor last week estimated financial outcomes for 2017 and 2018 that fell short of investor expectations, in a downbeat projection that contrasted with a more favorable outlook from competing
Tens of thousands of German industrial workers downed tools on Tuesday in support demands of trade union IG Metall for a 6 percent pay increase and a right to the
Ford Motor will considerably increase its scheduled investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and completely electric vehicles in its model lineup, Chairman Bill
Continental AG has hired JP Morgan to recommend on a possible break-up, sources informed Reuters, as the car parts maker rearranges for a market focused on electric and self-driving automobiles.
Global automakers on Monday prompted the Trump administration not to end the North American Free Trade Agreement and revealed hope the United States, Canada and Mexico can successfully conclude a
Fiat Chrysler Automobiles (FCA) has no intention of separating the company or selling individual brands China or others, the company’s CEO stated on Monday, including that the group was depending
BMW is positive about Washington’s drive to renegotiate the North American Free Trade Agreement (NAFTA) will lead to a deal that benefits the German automaker, it stated on Monday. “BMW
Volkswagen prepares to spend over $3.3 billion on development and production of new models in North America from 2018 to 2020 as the German group restarts operations in the world’s
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