Billion
Fiat Chrysler Automobiles has made a commitment to invest $5.3 billion in its U.S. plants over the next four years as part of its new tentative agreement with the UAW that is sure to be jarring to employees at a number of plants in Michigan and the …
About 70%, or roughly EUR17 billion, of Audi's investments will go into new models and technologies such as new combustion engines needed to meet CO2 limits world-wide, fuel-efficient gasoline and diesel engines and plug-in hybrid cars, Audi said.
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Ferrari says they are worth $15 billion, but other estimates say it’s a lot lower. Consumer reports says the Tesla Model S is ‘average’, BMW is adding anothe…
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BMW outlined plans to build a factory near San Luis Potosi, central Mexico, in a move that will reduce the German company's dependence on higher-cost plants at home. The plant will begin assembling unspecified models in 2019 with an initial workforce …
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Bayerische Motoren Werke AG (BMW) plans to invest about $1 billion in a new factory in Mexico, catching up with its German competitors in manufacturing luxury cars in the Latin American country, a person familiar with the matter said. BMW's second …
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Fiat profits fell in 2013 as its troubled European operations and a slowing South American car market offset the positive impact of Chrysler's increased profit. Fiat also said it will not pay a dividend for 2013 and cut its guidance for 2014. The …
How does Audi plan to reach two million units in annual sales and pay for the 11 new models it's adding to its lineup – an expansion that may include models named SQ2, Q9 and F-Tron? By increasing its investment to 22 billion euros ($30.3 billion US) …
Chrysler Group LLC's advisers are discussing a valuation of about $10 billion for the carmaker before an initial public offering that could take place next month, people with knowledge of the matter said. Investment banks working on the IPO have …
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