Main challenge: Making Mercedes a leader in the premium electric and compact car segments. Daimler r&d chief Thomas Weber believes that the forthcoming Mercedes-Benz B-class Electric Drive will ...
French car parts supplier Valeo will buy German clutch manufacturer FTE Automotive for 819.3 million euros ($914 million). In a statement, Valeo said it had signed an agreement to buy 100 percent of ...
BERLIN -- Volkswagen Group's Spanish division, Seat, said it would hire 250 more workers at its plant near Barcelona to boost production. The new recruits will strengthen the workforce especially for ...
RENNES, France -- Citroen has launched a website where customers can rate their experiences at dealerships. Citroen buyers can post their views on the service provided by a dealership or workshop on ...
FRANKFURT -- Chinese automaker Chery Automobile will launch an electrified SUV in Europe no sooner than 2020, its CEO was quoted as saying by a German newspaper. Chery debuted the Exeed TX compact SUV ...
(Bloomberg) -- Renault SA wants to repay French state aid of 3 billion euros (about $3.97 billion) as soon as possible, French newspaper Les Echos reported, citing CEO Carlos Ghosn. The company wants ...
European buyers appear to be losing their love of diesels in the wake of the Volkswagen Group emissions scandal. Sales of diesel cars have accounted for more than 50 percent of the region's new-car ...
MILAN (Reuters) -- Italian car design company Pininfarina had an operating loss of 4.5 million euros in the first six months, 1.8 million euros less than in the same period last year. The improvement ...
FRANKFURT -- BMW says its latest 7-series flagship sedan will provide segment-leading fuel-efficiency as well as technological firsts such as remote-control parking and the ability to understand ...
BEIJING -- Mercedes-Benz aims to widen the brand's appeal to Chinese buyers with a long-wheelbase version of its latest A class. Mercedes unveiled the A class L at the Beijing auto show on Tuesday.
Victor Muller didn't only save a dying brand when he acquired Saab; he claims he picked up the world's biggest bargain. When Spyker bought Saab in February for $74 million, the tiny Dutch company ...
Renault could sell the Eolab ultra fuel-efficient concept for a similar price to a diesel-powered Clio, if it decided to build the car, said Thierry Bollore, the company's chief competitive officer.
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