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eapcontent.ap.orgFILE – In this Tuesday, March 19, 2013, file photo, the company logo of car manufacturer BMW is pictured on a car in Munich, Germany. Automaker BMW will report its third-quarter earnings early Tuesday, Nov. 3, 2015. (AP Photo/Matthias …
Fiat Chrysler Automobiles NV Chief Executive Officer Sergio Marchionne intensified his call for an automotive mega-merger. Consolidation needs to happen soon as the industry pours 2 billion euros ($2.2 billion) a week into developing new cars …
That's why BMW, known for turning out sporty luxury vehicles, is teaming up with Toyota Motor Corp. (7203) to share development costs on a new mid-size sports car, Robertson said. The duo said last week their project has moved to the concept stage …
Marchionne wants to incorporate the two into Dutch-registered entity Fiat Chrysler Automobiles (FCA), paving the way for the U.S. listing he says is needed to help finance a 48-billion euro ($64 billion) five-year growth plan. "The most likely date for …
SHANGHAI (Reuters) — General Motors expects Cadillac sales in China to rise by at least 40 percent this year, as the company steps up local production in a market key to transforming Cadillac into a global luxury brand, a senior executive said …
Rising demand in North America and China will pace the expansion, which will be supported by a European car market that shows signs of recovering from years of contraction, BMW said recently in a statement distributed at the annual general meeting near …
That kind of astronomical growth is more than enough to make Audi U.S. CEO Scott Keogh smile. But even more gratifying, he says, is that the average transaction price for Audi vehicles has has been steadily increasing from $43,000 in 2010 to $52,000 …