[ad_1] By Paul Carrel, Michelle Martin BERLIN (Reuters) – Germany’s government could take stakes in key domestic companies to prevent foreign takeovers, its Economy Minister said on Tuesday, presenting a…
Tag: Auto & Truck Manufacturers (NEC) (TRBC level 5)
Italy new car sales fall 50% year-on-year in May
[ad_1] ROME (Reuters) – New car registrations in Italy fell for the fifth straight month in May, down 49.61% from the previous year, the transport ministry said on Monday. The…
Panasonic appoints company veteran Kusumi as CEO, replacing Tsuga
[ad_1] FILE PHOTO: A man is seen next to Panasonic Corp’s logo at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Japan’s Panasonic Corp 6752.T…
Exclusive: BMW deal to lift stake in China venture unaffected by Brilliance parent’s debt issues
[ad_1] BEIJING/HONG KONG (Reuters) – German carmaker BMW BMWG.DE said on Tuesday there was no indication that its deal to increase its stake in its joint venture with Brilliance China…
Mercedes-Benz to lift Aston Martin stake to up to 20% by 2023
[ad_1] (Reuters) – Daimler DAIGn.DE unit Mercedes-Benz is to lift its stake in Britain’s Aston Martin AML.L to up to 20% by 2023, making it one of the struggling British…
Italy not ruling out stake in new automaker Stellantis – report
[ad_1] MILAN (Reuters) – Italy could take a stake in newly-created automaker Stellantis but any such investment would be made in a consensual way, Italy’s deputy Economy Minister Antonio Misiani…
CNH Industrial to work with Microsoft, Accenture on ‘smart’ vehicles
[ad_1] FILE PHOTO: Italian-American Industrial vehicle maker CNH’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola…
French carmakers must bring production back for aid: minister
[ad_1] PARIS (Reuters) – French carmakers must bring more production back to France in exchange for government support for the struggling industry, the finance minister said on Monday. Along with…
Carmakers put brakes on European production as coronavirus hits
[ad_1] MILAN (Reuters) – Carmakers including Fiat Chrysler, Peugeot and Volkswagen cut production at European plants on Monday as they grappled with the coronavirus crisis and diving demand. FILE PHOTO:…