Receivers cool on $446 million Youngman bid for Saab, source says

China's Youngman has made a $446 million offer for bankrupt carmaker Saab, which has drawn a cool response from receivers who want bids for parts of Saab rather than the whole business because that would raise more for creditors, a source said. Read More »

Bosch mulls 77 million euro investment in new Romanian plant Bosch is considering investing about 77 million euros ($101 million) in a new factory in Romania, the government said. The Romanian government plans to grant state aid to ... Read More »
Fiat puts Sedici replacement ahead of a baby Jeep Fiat-Chrysler will delay the launch of a new Jeep compact SUV planned for production in Italy. The new Jeep, which is code-named B-SUV, had been due to go into production ... Read More »
Mercedes reports record January sales on U.S., German demand Global sales of Mercedes brand cars rose 5.1 percent to a record 86,921 vehicles in January, helped by strong growth in the U.S. and Germany and the continued success of ...
Toyota sees 21% rise in global group sales this year Toyota is forecasting that its global sales will rise 21 percent this year as its production recovers from natural disasters in Japan and Thailand. ...
Hyundai, Kia flourish in stagnant German car market Hyundai and its affiliate Kia posted huge gains in the stagnant German car market in January, according to data from Germany's motor vehicle authority KBA. The two Korean ...