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Fiat Building Cars in China Again
6/28/2012Fiat SpA has begun producing the Viaggio small sedan in Changsha, China, with partner Guangzhou Automobile Group Co. after two previous failed joint ventures.
Study: Auto Sales in Europe to Drop 7% This Year
6/28/2012Western Europe's auto industry faces the prospect of its second severe market downturn in recent years, according to AlixPartners LLC.
Think Global Aims to Build EVs in China
6/28/2012Oslo-based electric vehicle maker Think Global is seeking a Chinese joint venture partner with which to open a plant in China to build low-cost EVs for the Asian market, owner Boris Zingarevich tells Bloomberg News.
Porsche Plaintiffs Must Prove “Vicious Behavior”
6/28/2012A German regional court has set what it calls an "extremely high" burden of proof for investors who are suing Porsche Automobil Holding SE for allegedly misleading them about its plans to acquire Volkswagen AG.
Porsche Plaintiffs Must Prove “Vicious Behavior”
6/28/2012A German regional court has set what it calls an "extremely high" burden of proof for investors who are suing Porsche Automobil Holding SE for allegedly misleading them about its plans to acquire Volkswagen AG.
Think Global Aims to Build EVs in China
6/28/2012Oslo-based electric vehicle maker Think Global is seeking a Chinese joint venture partner with which to open a plant in China to build low-cost EVs for the Asian market, owner Boris Zingarevich tells Bloomberg News.
Think Global Aims to Build EVs in China
6/28/2012Oslo-based electric vehicle maker Think Global is seeking a Chinese joint venture partner with which to open a plant in China to build low-cost EVs for the Asian market, owner Boris Zingarevich tells Bloomberg News.
Ex-Banker Gets Eight Years in F1 Bribery Case
6/28/2012A German court has sentenced Gerhard Gribowsky, a former officer at Bayerische Landesbank, to eight years in prison for accepting a $44 million bribe in 2005 during the sale of the bank's 47% stake in motor sports promoter Formula One Group.
Ex-Banker Gets Eight Years in F1 Bribery Case
6/28/2012A German court has sentenced Gerhard Gribowsky, a former officer at Bayerische Landesbank, to eight years in prison for accepting a $44 million (€35 million) bribe in 2005 during the sale of the bank's 47% stake in motor sports promoter Formula One Group.
GM Fuel Cell Talks with BMW Collapse
6/28/2012BMW AG tells Bloomberg News it has abandoned discussions with General Motors Co. about joint fuel-cell research.