BMW, Audi, Mercedes near deal to buy Nokia maps unit
6:55 am U.S. ET | July 21, 2015
Nokia is nearing an agreement to sell its maps business to BMW, Audi and Mercedes, with a decision possible as early as next week, sources said.
Faurecia explores sale of bumpers unit, report says
4:26 am U.S. ET | July 21, 2015
Faurecia is exploring a sale of its bumpers business, sources said, as the supplier seeks to free up resources to fund expansion in China.
Ad agency's viral-video goal: Surprise, create buzz
12:01 am U.S. ET | July 20, 2015
Using the Car Lister auto-buying service is as easy as lifting the front wheels of a Ford Escape taxi off the ground.
Mercedes revamps supply chain, logistics to trim costs
4:24 am U.S. ET | July 19, 2015
Mercedes aims to reduce logistics costs by about 20 percent per vehicle under a sweeping reorganization of its global supply chain network.
Opel will shorten hours at two German plants
11:29 am U.S. ET | July 17, 2015
General Motors' Opel will shorten working hours at two German plants after exiting the plunging Russian auto market and because of moderate demand in...
Land Rover extends Defender output
4:43 am U.S. ET | July 17, 2015
Jaguar Land Rover could extend production of its current-generation Land Rover Defender in Solihull, England, into early next year as it mulls where...
Magna agrees to buy Getrag for $1.9 billion to expand in transmissions
7:29 am U.S. ET | July 16, 2015
Canada's Magna International agreed to buy German manufacturer Getrag for $1.
VW, others explore return to Iran after nuclear sanctions lift
8:48 am U.S. ET | July 16, 2015
Volkswagen and other European automakers have taken the first steps to entering Iran after the Islamic Republic's nuclear accord with the West...
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