World Markets

BMW, Apple could rekindle courtship with an eye on car collaboration

July 31, 2015 21:20 CET
BMW and Apple may rekindle a courtship put on hold after an exploratory visit by executives of the world's top maker of electronic gadgets to the headquarters of the word's biggest seller of premium cars.

German carmakers near $3 billion deal for Nokia’s maps, report says

July 31, 2015 21:52 CET
A group of German luxury-car makers including BMW are close to sealing the purchase of Nokia Oyj’s digital-maps business for about 2.7 billion euros ($3 billion), people familiar with the matter told Bloomberg.

Spain fines automakers for anti-competitive practices

July 31, 2015 06:01 CET
Spain's CNMC competition authority fined 21 automakers and two consultancy firms 171 million euros for anti-competitive practices.

Maserati's profits will recover with Levante SUV, Marchionne says

July 31, 2015 11:44 CET
Maserati's profits will recover when the brand launches its first SUV next year, Fiat Chrysler CEO Sergio Marchionne said.

ANE's August e-magazine goes live Monday

July 31, 2015 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, August 3.

BMW revamps China marketing to focus more on tech, less on the badge

July 31, 2015 12:21 CET
BMW will increase spending on online marketing in China to emphasize its technology as part of efforts to target younger buyers, who care more about...

Honda quarterly profit rises 20% as U.S. sales, weak yen offset quality costs

July 31, 2015 10:49 CET
Honda's quarterly net profit jumped 20 percent as strong sales in the U.S.

Fiat Chrysler battles in court with Australia ex-CEO

July 31, 2015 15:56 CET
Fiat Chrysler traded charges in court with its former Australia CEO, who denied breaching his legal duties and said he acted on instructions from...

Pininfarina hopes to agree sale to Mahindra but drafts stand-alone business plan

July 31, 2015 11:29 CET
Pininfarina is still hoping to clinch a sale to Indian automaker Mahindra and Mahindra but has begun drafting a stand-alone business plan as its...

BMW i3 drivers in California collect $1,000 to delay charging

July 30, 2015 16:19 CET
In a new pilot program, a California utility is paying drivers of BMW electric cars to delay charging their vehicles when the power grid is under...

Audi cuts global car sales outlook on China

July 30, 2015 11:57 CET
Audi lowered its global sales forecast for this year because of slumping demand in China, its biggest market.

Delphi will buy UK cabling company to boost connectivity business

July 30, 2015 11:29 CET
Delphi will buy the UK cabling company HellermannTyton Group to capitalize on growing demand for cars that connect to the Internet, mobile phones and...

Renault profit surge fails to impress amid pricing slide

July 30, 2015 08:03 CET
Renault's first-half profit surged on rebounding European demand but not enough to meet investor expectations from the recovery, or concerns about...

Fiat Chrysler lifts guidance after strong second quarter

July 30, 2015 14:51 CET
Fiat Chrysler Automobiles raised its full-year profit guidance after better-than-expected second-quarter results on a strong performance in North...

French minister sees smoother return to Iran for Renault than PSA

July 30, 2015 12:47 CET
PSA/Peugeot-Citroen, previously the market leader in Iran, could find it more difficult to return to the country than rival Renault following a...

Mitsubishi profit falls 15% on Japan, Europe

July 30, 2015 19:51 CET
Mitsubishi's quarterly net income fell 15 percent to $195.

Mazda's quarterly profit falls 5.4% despite strong China, U.S. sales

July 30, 2015 10:53 CET
Mazda said quarterly profit fell 5.4 percent despite higher auto sales in China and the U.S.

VW rolls out crash avoidance features in U.S. models

July 30, 2015 06:01 CET
Volkswagen will offer features such as adaptive cruise control, blind spot monitoring and automated parking across the entire U.S.

Mini issues U.S. recall for side impact protection

July 30, 2015 06:01 CET
Mini is recalling 30,456 Cooper and Cooper S cars in the U.S. to address poor side impact protection.

France prepares to sell 5% stake in Renault

July 30, 2015 13:41 CET
France is preparing to sell the 5 percent Renault stake it acquired earlier this year to secure a doubling of voting rights for longer-term...

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