Germany

German automotive manufacturer Daimler AG has partnered with Essen-based Evonik Industries for research, development and production of lithium ion batteries for the manufacturer's... 2008-12-16

German truck manufacturer MAN AG has acquired Brazil-based Volkswagen Truck and Bus from its German counterpart Volkswagen AG (VW). Although the purchase price of the deal has not... 2008-12-16

French automotive manufacturer Peugeot Citroën PSA has signed a strategic partnership deal with German auto equipment manufacturer Robert Bosch GmbH. The deal calls for Bosch to... 2008-12-10

Amid recent talks about a widespread consolidation in the automotive parts industry, UK based supplier Wagon is one of the first major parts makers to go into administration on Monday.... 2008-12-09

Small- and medium-sized (SME) German automotive parts suppliers are at risk of collapsing if financial assistance is not provided to them soon, industry experts have warned. According... 2008-12-01

The heads of two of the biggest automotive markets in Europe, Germany and France, have agreed to co-operate in their efforts to bolster the auto industry during the ongoing financial... 2008-11-25

News: According to Volker Mornhinweg, head of AMG, a division of German premium carmaker Mercedes-Benz, the carmaker plans to introduce a diesel version of its high performance models... 2008-11-25

News: A spokesperson for US carmaker General Motors (GM), Tom Wilkinson, has stated that the company's German division, Opel, is not for sale even in the current tight financial conditions.... 2008-11-24

The premium vehicle segment in Europe seems to have lost confidence, after the announcements from German luxury car manufacturer BMW of a sharp fall in profits and British luxury... 2008-11-06

German automotive supplier ZF Boge will be facing a federal law suit following the recent announcement that it will close its manufacturing facility in Paris, Illinois. The lawsuit... 2008-10-28