Jul
26th
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Mercedes-Benz is to launch its A-Class Sedan at the end of 2018. The car also receives a world premiere at the Paris Show in October.
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Jul
26th
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Former Renault chairman and French Prime Minister, Louis Schweitzer, says he cannot envisage Paris taking a contrary stance to that of the European Commission (EC) surrounding the future of diesel.
Jul
26th
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Nissan reported a 29 percent decline in operating profit in the most recent quarter as foreign exchange rate losses and rising commodity costs combine with falling sales in the United States and Europe.
Jul
26th
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Operating losses in Nissan's European unit widened to $43 million in the automaker's fiscal first quarter. The company's vehicle sales in the region declined 13 percent.
Jul
26th
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Daimler-owned free-float carshare company car2go has officially launched in Chicago, marking the company's 25th global city. car2go says that Chicago is a city ideally suited for flexible one-way carshare.
Jul
26th
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Daimler and Baidu have signed a Memorandum of Understanding (MoU) to enhance and deepen their partnership through joint automated driving and connectivity projects, including further strengthening their collaboration through Baidu's Apollo open platform.
Jul
26th
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Daimler has said that China import tariffs on vehicles shipped from its US plant have dented its second quarter financial results.
Jul
26th
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PSA Group, the maker of Peugeot and Citroen cars, surpassed French archrival Renault in stock-market value for the first time in almost a decade after PSA unveiled record profitability Tuesday.
Jul
26th
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Valeo says its operating margin for this year "might be slightly below" that of 2017 (7.8% of sales) as emissions tests become stricter and as the French supplier posted first-half profit down 10% to EUR543m
Jul
26th
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Daimler's German work force will seek to defend local jobs if the luxury carmaker attempts to shift some production to the U.S. in response to trade tariffs, supervisory board member Roman Zitzelsberger told Reuters.
Jul
26th
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Escalating trade tensions and Brexit are taking a toll on Jaguar Land Rover in the credit market, where the cost of insuring the company's bonds has more than doubled this year.
Jul
26th
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Ford has reported second quarter profit down on last year as it felt the effects of disruption at a key supplier to its F-150 pickup range in North America. It also said that it faced 'ongoing challenges' in China's market and cut its 2018 profit forecast.
Jul
26th
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Daimler blamed U.S.-China tariffs for a 30 percent drop in second-quarter profit and predicted a further decline as new emissions test standards in Europe hit vehicle sales.
Jul
26th
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Daimler blamed U.S.-China tariffs for a 30 percent drop in second-quarter profit and predicted a further decline as new WLTP emissions test standards in Europe hit vehicle sales.
Jul
26th
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Daimler's second-quarter profit fell 30 percent because of weaker pricing at Mercedes-Benz Cars, currency headwinds and tariffs from a global trade dispute.
Jul
26th
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A German industry group said skepticism remains after President Trump agreed to refrain from imposing car tariffs while the U.S. and EU negotiate to cut trade barriers.
Jul
26th
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A German industry group said skepticism remains after President Trump agreed to refrain from imposing car tariffs while the U.S. and EU negotiate to cut trade barriers.
Jul
25th
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The compact A-class sedan, targeted at millennial buyers, will nudge out the CLA as Mercedes' entry-level product in the U.S. The A class is expected to be priced in the low $30,000s.
Jul
25th
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The SEC has reached out to a former Tesla employee who filed a whistleblower claim with the regulator and accused the carmaker of making misstatements and omissions to investors.