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Former Porsche CFO Convicted of Loan Fraud
6/4/2013A German court has found Holger Haerter, former CFO of Porsche Automobil Holding SE, guilty of credit fraud and fined him €630,000 ($820,000).
Ex-Porsche CFO Haerter Convicted of Loan Fraud
6/4/2013A German court has found Holger Haerter, former CFO of Porsche Automobil Holding SE, guilty of credit fraud and fined him €630,000.
Spongy Silicon Electrodes Promise Big Boost for Lithium-Ion Batteries
6/4/2013The key to making lithium-ion batteries cheaper and far more powerful could be a new anode material made of conductive hydrogel and silicon nanoparticles.
Fiat Investor Exor Raises €2 Billion from Asset Sale
6/4/2013Exor SpA, the holding company that owns 30.1% of Fiat SpA, has sold its 15% stake in Swiss inspection firm SGS to Belgium's Groupe Bruxelles Lambert SA for 2.5 billion Swiss francs (€2 billion).
Car Sales Drop in France, Italy, Spain
6/4/2013Registrations of new cars in France fell to 148,600 vehicles last month from 165,700 units in May 2012, according to industry group CCFA.
Honda Joins New U.S. Fuel Cell Group
6/4/2013Honda Motor Co. has joined H2USA, a partnership set up in mid-May between the U.S.
Tesla Loses Challenge to Texas Dealer Franchise Law
6/3/2013Tesla Automotive Inc. has failed to convince Texas state legislators to pass bills that would have given the California-based electric vehicle maker an exemption from a Texas dealer franchise law.
U.K. Automaker Group SMMT Names New CEO
6/3/2013Britain's Society of Motor Manufacturers and Traders has hired Bentley Motors executive Michael Hawes as its new chief executive.
Eurozone Manufacturing Shrinks Less Than Expected
6/3/2013Factory activity in the eurozone contracted less in May than an earlier flash estimate had indicated, according to London-based Markit Economics.
U.S. Auto Sales Climb 8%; European Brands Rise 6%
6/3/2013Automakers delivered 1.44 million cars and light trucks in the U.S. last month compared with 1.33 million in May 2012, according to Autodata Corp.