Spain
Spain's Gestamp sets price range in $3.8 billion IPO
March 24Spanish supplier Gestamp will price its IPO at 5.6 to 6.7 euros per share, valuing the company at around $3.8 billion in one of Europe's biggest stock market listings so far this year.
Gestamp plans stock offering, placing its value at $3.9 billion
March 13Gestamp plans an initial public offering valuing it at about $3.9 billion. It would be one of the biggest European stock market listings so far this year.
New mobile networks set to enable remote driving
Feb. 28The brave new world of remote-controlled cars is now technically possible using wireless technologies which are set to be commonplace early in the next decade, two major telecom companies said at a test drive during an industry conference in Barcelona.
GM's Opel will reorganize Corsa, Adam, Mokka output in Europe
Dec. 16, 2016Opel is reorganizing output of key small cars at its plants in Germany and Spain to improve production efficiency. The General Motors unit will move production of its Adam minicar to its factory in Zaragoza, Spain, from Eisenach, Germany.
In Europe, Penske takes the top spot
Oct. 10, 2016Penske Automotive Group is the No. 2 dealership group in the U.S. Now it also is No. 1 in Europe, under a different metric.
Nissan, dealers fined $6.7 million over antitrust practices in Spain
Sept. 6, 2016Spanish competition regulator CNMC said Nissan's unit in the Iberian Peninsula and several of its dealers had been fined 6 million euros ($6.69 million) over antitrust practices.
Spain fines GM, Ford, other automakers for anti-competitive practices
July 31, 2015Spain's CNMC competition authority fined 21 automakers and two consultancies 171 million euros ($188 million) for anti-competitive practices. GM and Ford were given the highest penalties.
Magna to sell interiors unit to Grupo Antolin for $525 million
April 16, 2015Canadian auto supplier Magna has agreed to sell its interiors operations to Grupo Antolin, a Spanish supplier with global operations, in a deal valued at about $525 million, Magna said today in a statement.
Two Delphi employees among France plane crash victims
March 25, 2015Two Delphi Automotive Systems employees were among passengers on a German plane that crashed in a remote part of the French Alps Tuesday killing all 150 people on board.
