Stefan Quandt has asked German regulator BaFin to be excused from takeover rules that otherwise could force him to make an offer to buy the whole of BMW, a spokesman for the Quandt family said.
Stefan Quandt has asked German regulator BaFin to be excused from takeover rules that otherwise could force him to make an offer to buy the whole of BMW, a spokesman for the Quandt family said.
News
12 Aug, 2015
Rumours of an Adrian Newey designed Aston Martin supercar are premature but the extreme road car project is being considered
News
12 Aug, 2015
Aston Martin is considering ten locations for its new plant with PM David Cameron pushing for one in the UK, possibly Wales
Ford said it plans to assemble its Ford Ranger pickup truck in Nigeria by the fourth quarter, as it expands in Africa and the Middle East.
Maxwell Technologies says Peterbilt Motors, a designer and truck manufacturer, is now offering its ultracapacitor-powered Engine Start Module (ESM) on new Model 579 and 567 trucks as a factory-installed option.
Ford is to assemble its Ranger pick-up model with a local partner in Nigeria starting from the fourth quarter of this year.
News
12 Aug, 2015
Tenth-generation Honda Civic is set to get a dramatic new look – and it’ll still be built in Britain
Borbet is constructing a new production plant for lightweight alloy wheels in the East Saxony town of Kodersdorf, with the first phase of excavation work such as the straightening out of the hall area, already completed.
China's car market has continued its slowdown according to the latest sales data from Chinese trade associations. Figures released by the China Association of Automobile Manufacturers show that passenger vehicle sales declined by 6.6% in July.
Audi has reworked its three-litre V6 TDI engine for lower power output to produce a more fuel efficient variant of the new Q7.
Geely Automobile has announced that the total sales volume of the group for the month of July was 29,578 units, an increase of approximately 47% over the same period in 2014, but was down approximately 11% from June.
Skoda says the new Skoda Superb has been "transformed into a concert hall on wheels" with the exclusively developed Canton sound system.
Chinese consumers bought the fewest passenger vehicles in 17 months in July, extending a slump in the world's largest auto market as deeper discounts failed to revive demand.
Santander Consumer USA said a U.S. regulatory review of auto loans it helped fund found they may have violated fair-lending laws.
Daihatsu Motor held an opening ceremony for the Daihatsu Group Kyushu Development Centre on 5 August, attended by governor Ogawa of Fukuoka Prefecture and Kurume City mayor Narahara.
Russia's Association of European Businesses (AEB) automotive head is hailing last month's 28% fall in vehicle sales as "almost good news" as the country's economy continues to reel from a plunging oil price and international sanctions.
A former GM sales and marketing executive, Joseph Liu, has joined Ford's China unit -- a move ex-colleagues of the auto industry veteran describe as a big gain for Ford.
Suzuki says that JD Power has named the Suzuki Alto 'the most dependable city car' in the 2015 UK Vehicle Dependability StudySM (VDS).
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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