Russian car producer and Ford JV partner Sollers has acquired a 13.2% stake in its subsidiary UAZ from the government for RUB850.307m at an auction, thus increasing its stake to 79.27%, Russian Auction House said on Friday.
The Fiat-Chrysler alliance plans to build a new plant in Guangzhou, China, to produce Jeep SUVs, according to the official Xinhua news agency.
The Fiat-Chrysler alliance plans to build a new plant in Guangzhou, China, to produce Jeep SUVs, according to the official Xinhua news agency.
The Fiat-Chrysler alliance plans to build a new plant in Guangzhou, China, to produce Jeep SUVs, according to the official Xinhua news agency.
The Fiat-Chrysler alliance plans to build a new plant in Guangzhou, China, to produce Jeep SUVs, according to the official Xinhua news agency.
Mercedes-Benz says discussions are still taking place between the European Commission (EC) and the German government following the recent decision by France's highest Court to allow certification of the automaker's previously banned models.
Mercedes-Benz says discussions are still taking place between the European Commission (EC) and the German government following the recent decision by France's highest Court to allow certification of the automaker's previously banned models.
Mercedes-Benz says discussions are still taking place between the European Commission (EC) and the German government following the recent decision by France's highest Court to allow certification of the automaker's previously banned models.
Mercedes-Benz says discussions are still taking place between the European Commission (EC) and the German government following the recent decision by France's highest Court to allow certification of the automaker's previously banned models.
Hyundai Motor affiliate Kia said it had reached a tentative deal with unions on the latest round of wage and benefit increase negotiations.
Hyundai Motor affiliate Kia said it had reached a tentative deal with unions on the latest round of wage and benefit increase negotiations.
Hyundai Motor affiliate Kia said it had reached a tentative deal with unions on the latest round of wage and benefit increase negotiations.
Volkswagen's factory in Tennessee could become the first foreign run plant to have its workers officially represented by the United Auto Workers (UAW) union, according to the German business daily Handelsblatt.
Volkswagen's factory in Tennessee could become the first foreign run plant to have its workers officially represented by the United Auto Workers (UAW) union, according to the German business daily Handelsblatt.
Volkswagen's factory in Tennessee could become the first foreign run plant to have its workers officially represented by the United Auto Workers (UAW) union, according to the German business daily Handelsblatt.
Toyota said it has received around 22,000 orders for its Corolla hybrid models since they were launched in Japan last month, ahead of expectations of 2,500 per month.
Toyota said it has received around 22,000 orders for its Corolla hybrid models since they were launched in Japan last month, ahead of expectations of 2,500 per month.
Toyota said it has received around 22,000 orders for its Corolla hybrid models since they were launched in Japan last month, ahead of expectations of 2,500 per month.
Fiat CEO Sergio Marchionne said he is still a long way from reaching a deal to purchase the rest of Chrysler Group LLC from a retiree health-care trust.
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