October 27, 2009
Following its sale by parent company Ford (F) last year, car maker Jaguar Land Rover has had to face the thorny problem of cutting itself loose from Ford's web of ...
October 27, 2009
BMW (BMWG.DE) became the first major blue chip German company to link the bonuses of its top managers to those of its assembly line workers, amid growing global ...
October 21, 2009
First came the drums. Then other celebratory sounds rang through the factory halls as a shiny silver autobody hovered over the honorary guests gathered below. Russian ...
October 12, 2009
In a bid to boost sagging sales, Daimler Financial Services AG, the financial services arm of auto giant Daimler AG, has open two new companies in the Middle East that...
October 5, 2009
It is said that all good things must come to an end. And for German car dealers, that end came in September. Throughout the year, automobile sales had been kept at an ...
September 17, 2009
At the Frankfurt Auto Show this month, electric cars are the new black. Everyone from BMW (BMWG.DE) to an Atlanta startup called Wheego Electric Cars is trotting out ...
September 16, 2009
Daimler's executive board has moved offices within the southwestern German city of Stuttgart a number of times over the years. They first relocated across town from ...
September 15, 2009
It's pure coincidence that the biannual Frankfurt Auto Show opens a little more than a week after Germany wound down its cash-for-clunkers scheme, and as other ...
September 14, 2009
Anyone who thought the deal was done, can think again. Over the weekend all sorts of tricky issues have arisen around the announcement of the sale of General Motors' ...
September 3, 2009
For months, the automobile industry celebrated the subsidy, but now Germany's cash for clunkers bonanza is over: The government fund to pay so-called "scrapping ...
September 2, 2009
Angela Merkel likes to govern by telephone. When she wants to consult with her counterparts in other countries, the German chancellor usually reaches for the ...
August 7, 2009
Could the City of Lights soon become the City of Electric Cars? Paris Mayor Bertrand Delanoë, building on the success of the city's popular Vélib curbside bike rental ...
August 4, 2009
The recent power struggle between Porsche (PSHG_p.DE) and the Volkswagen Group (VOWG.DE) produced one loser, dismissed Porsche CEO Wendelin Wiedeking, and one winner, ...
July 24, 2009
As Michael Macht replaces Wendelin Wiedeking as the CEO of Porsche AG (PSHG_p.DE), a new era has dawned at the luxury sports carmaker. And the contrast between the two...
July 23, 2009
It's the end of an era at the luxury sports carmaker Porsche. The once-mighty Wendelin Wiedeking is stepping down as CEO of Porsche AG. The news was announced early on...
July 22, 2009
Sports car maker Porsche entered a severe crisis in the early 1990s. There had been a sharp slump in the US market, where Porsche sold half of its vehicles. Toyota ...
July 20, 2009
Talk to people in the auto industry, and you'll hear lots of reasons why electric cars are years away from practicality. But "those are just excuses," scoffs Tilo ...
July 20, 2009
Germany's economy minister has indicated that takeover plans for the struggling European car manufacturer, Opel, are still some way from being completed and that rival...
July 20, 2009
The histories of German automakers Volkswagen (VOWG.DE) and Porsche (PSHG_p.DE) have been intertwined since the 1930s, when Porsche founder Ferdinand Porsche designed ...
July 20, 2009
SPIEGEL has obtained information that Volkswagen (VOWG.DE) is planning a complete takeover of beleaguered sports carmaker Porsche in a series of two transactions. The ...
July 16, 2009
Jaguar Land Rover is cutting another 300 jobs at its Halewood factory and will stop producing the smaller "X-Type" cars at the end of the year. The company is blaming ...
July 16, 2009
The power struggle over beleaguered Stuttgart sports carmaker Porsche (PSHG_p.DE) isn't one for the weak-kneed. After the company claimed on Wednesday that discussions...
July 14, 2009
RHJ International is back in the race for GM Europe (GME), pushing the number of serious bidders back up to three. Takeover talks with GME – which includes ...
July 9, 2009
When Renault (RENA.PA) plunked down $1 billion last year to take a 25% stake in Russian carmaker Avtovaz, Renault boss Carlos Ghosn described the tie-up as "a ...
June 30, 2009
Porsche, the debt-laden German sports carmaker, on Monday rejected Volkswagen's offer to buy a 49 percent stake as the damaging power struggle between the two ...