Handelsblatt

German automaker BMW will raise its spending more on research and development next year, to 6.5 to 7 percent of sales, finance chief Nicolas Peter informed Handelsblatt. “That is a …

Audi intends to cut expenses by 10 billion euros ($12 billion) by 2022 to construct fund a shift to electric vehicles as it looks for to proceed after the emissions …

BMW plans to slash 1 billion euros ($1.14 billion) in indirect procurement expenses by 2019, BMW head of production Markus Duesmann informed the Handelsblatt daily. A BMW representative confirmed the …

Volkswagen will probably select a new chief executive officer (CEO) from within the automaker’s own ranks, CEO Matthias Mueller told Handelsblatt. “I am presently in talks with the supervisory board …

German high-end automaker BMW Group will raise its yearly production capacity to 3 million cars by 2020 and plans to construct its X5 offroader in China, German daily Handelsblatt stated, …

The Porsche and Piech families are wanting to strike a quick deal to purchase shares in Porsche SE from Volkswagen‘s former chairman Ferdinand Piech, a person knowledgeable with the matter …

Luxury automaker BMW is thinking about moving organized production of an electric version of its Mini compact automobile to Germany from Britain in reaction to plans by London to leave …

Volkswagen stated it has no strategies to keep a large number of temporary workers on its books following a media report noting management at the automaker’s Volkswagen brand would retain …

Volkswagen‘s efforts to draw the line under its dieselgate scandal were dealt a blow on Thursday after the German automaker fell out with the compliance chief it worked with to …

Volkswagen stated on Tuesday it would drop diesel automobiles in the United States and once again concentrate on sport energy and electrical automobiles, as the car manufacturer wants to reboot …