Headlines for Friday, October 18, 2013

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Agnelli heir Lapo Elkann says he was sexually abused as a child

Lapo Elkann, the brother of Fiat Chairman John Elkann, said he was sexually abused as a teenager while at boarding school. Read More »


GM will integrate Russia into its Europe business

General Motors said it will integrate its Russian operations into its GM Europe business in a move that will help the automaker's struggling Opel brand. Read More »


BMW releases details of 4-series convertible

BMW has released images and details of the 4-series convertible, which will launch in Europe early next year, after debuting at the LA auto show in November. Read More »


Audi sees profit margin dropping to 6% on new models, report says

Audi expects that heavy investments to launch new models and expand production plants will nearly halve its operating profit margin to 6 percent in 2015, a report said. Read More »


Valeo third-quarter sales rise helped by increased China demand

Valeo said its third-quarter sales rose as demand grew in China and North America and the European car market showed signs of stabilizing. Read More »


Europe's new-car sales likely to grow 2.5% in 2014, study says

European vehicle sales are likely to rise 2.5 percent in 2014, the first increase for seven years, a think tank affiliated with Hyundai said. Read More »


Porsche's L.A. experience center to open in 2014

Porsche will open its largest Porsche Experience Center next year in Los Angeles to allow Porsche owners and potential customers to test the automaker's sports cars. Read More »


BMW i3 makes massive media gains

The BMW i3 is a big Web winner. The electric car's Frankfurt auto show debut led to huge increases in coverage via online news stories, Twitter posts and blog mentions. Read More »

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