BMW to cut several thousand jobs in latest blow to German auto sector
BERLIN, July 29 (Reuters) – BMW (BMWG.DE), opens new tab said on Wednesday it will cut several thousand…
Mercedes-Benz expands Hungarian factory in efficiency drive
Investment to boost annual capacity to 350,000 carsKecskemet will host largest Mercedes-Benz factory in EuropeHungarian employment costs still…
Germany says it wants to prevent Volkswagen plant closures
BERLIN, June 29 (Reuters) – The German government aims to prevent domestic plant closures at Volkswagen , Europe’s…
BMW shares sink after profit warning highlights China and Iran risk
BMW cuts target range for core marginBlames weak Chinese market, Middle Eastern pressuresBMW will intensify cost-cuttingBERLIN, June 17…
Mercedes launches mass production of electric motor for high-performance AMG brand
Item 1 of 6 Mercedes-Benz Group AG Supervisory Board member Michael Schiebe delivers a speech at the presentation…