GM to build Opel SUV and invest 500 million euros in European engines
General Motors (GM.N) will build a sports utility vehicle (SUV) at the Opel factory in Ruesselsheim, Germany, and invest 500 million euros ($626 million) in engine production in Europe, Chief Executive Mary Barra said on Thursday.
Nov 20, 2014 02:42 PM EST
Daimler buys into Agusta as motorbike and car tech converge
Daimler AG (DAIGn.DE) will buy 25 percent of Italian motorcycle maker MV Agusta IPO-MVAG.MI - the latest sign that motorbike and car technologies are converging, driven by a push to lower emissions and improve safety.
Nov 03, 2014 07:08 AM EST
Premium carmakers push standardized cars to boost profit
Premium carmakers Mercedes-Benz, Volvo and BMW are aiming to sell more standardized cars and services to boost profit margins and simplify the complex list of options for buyers -- while also giving them the choice of a bespoke car if they want.
Oct 03, 2014 11:11 AM EDT
Europe's carmakers walk tightrope between low cost and high spec
Carmakers are betting on style and recycling in the battle for Europe's burgeoning small car market, adding hi-tech safety and entertainment features while often using older vehicle underpinnings as a way to keep prices down.
Oct 02, 2014 12:11 PM EDT