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Germany Sets Quota for Women Board Members
12/1/2014Angela Merkel Germany has ordered the country's largest companies to appoint women to 30% of their supervisory board positions by the end of 2016, BBC News reports.
BMW to Trim Mini Model Lineup
12/1/20142015 Mini Cooper Coupe BMW AG has confirmed earlier reports that it will reduce the number of models offered by its Mini brand from eight to five "superhero" body styles.
Toyota Consolidates Diesel, Brakes, Manual Gearbox Operations
12/1/2014Toyota Motor Corp. is centralizing a trio of development and production programs in Japan.
China’s Manufacturing Index Stalls
12/1/2014A closely watched index of manufacturing activity in China fell to 50.0 in November, exactly between expansion and contraction.
BMW Won’t Buy Stake in Tesla
12/1/2014BMW AG says it has no interest in acquiring equity in U.S. electric carmaker Tesla Motors Inc., WirtschaftsWoche reports.
Continental Expands R&D Center in Singapore
12/1/2014Continental AG has opened a $23 million expansion to its research center in Singapore.
India’s Economy Growth Slows
12/1/2014India's economy expanded 5.3% in July-September compared with 5.7% in the previous quarter, according to government data.
Skoda Looks for Sales as Russian Market Shrinks
12/1/2014Volkswagen Group's Skoda brand may not meet its 1.5 million-unit sales goal for 2018 as demand softens in India and plummets in Russia.
Oil Prices Continue to Drop
12/1/2014Oil futures declined again in early Monday trading in Asia, this time to a five-year low of about $64 per barrel for West Texas Intermediate and a new four-year low of about $68 for Brent crude.
BMW Launches DriveNow Car Share Service in U.K.
12/1/2014On Thursday BMW AG is expected to introduce its DriveNow short-term car share service in London, according to the Financial Times.