The German car industry is one of the pillars of the country's economy.
China's anti-monopoly authority NDRC has imposed hefty fines against German carmaker Volkswagen (VW) and US auto group Chrysler. It has found them guilty of colluding to fix excessive prices for cars and parts.
German carmaker Daimler has announced it is buying taxi app myTaxi. The move suggests the Mercedes maker is looking to adjust to a future with fewer privately owned cars and more flexible transport options.
German carmaker Volkswagen is expecting the go-ahead for a factory in Thailand, newspaper reports have claimed. The company aims to strengthen its position in markets with enormous growth prospects.
Beijing has accused the German luxury carmaker Mercedes-Benz of controlling the cost of some of its goods and services. The crackdown comes amid a broader anti-monopoly scrutiny of foreign firms in China.
German carmaker Daimler has confirmed reports that a Shanghai office of its Mercedes-Benz unit was raided by Chinese anti-monopoly authorities. Daimler is said to be in the focus of regulators for its pricing policy.
German premium carmaker Daimler has reported a 12-percent rise in second-quarter profit thanks to strong demand for its latest Mercedes cars. An efficiency program was also 'bearing fruit,' its CEO says.
Fiat has denied a German magazine report saying the Italian carmaker was in talks aimed at merging with Germany's Volkswagen (VW). VW also rejected the notion, claiming it had no new acquisitions on the agenda.
German premium carmaker BMW has announced a major recall involving more than a million of its BMW 3 models. The step is a precautionary measure, BMW says, and is prompted by faulty airbags.
US trade union United Auto Workers (UAW) has made a new effort to set up shop at the Chattanooga plant of German carmaker Volkswagen. In February, UAW narrowly lost a vote among VW workers to organize labor at the plant.
German luxury carmaker Audi has logged its best half-year sales in the company's history, lifted by booming sales in the world's two largest automobile markets, China and the US.
Daimler sold a record number of cars in the first six months of 2014. While the firm's sales jumped the highest in China, the German carmaker also managed to grow in crisis-stricken European markets.
German premium carmaker BMW has prolonged its cooperation contract with China's Brilliance ahead of schedule. The deal is meant to help the Munich-based company keep up its strong sales in China in the years ahead.
German premium carmaker BMW is reportedly working on a new savings program in an effort to salvage its profit goals. German weekly Manager Magazine said consultancy group McKinsey was in charge of the project.
German carmaker Opel has unveiled plans for compensating workers who will lose their jobs following the closure of its plant in Bochum. The package is costly for Opel parent GM, but workers are disappointed.
German carmaker Volkswagen (VW) has issued more than 10 million new shares to help finance its takeover of Swedish truck maker Scania. Investors could enjoy a discount on VW’s current share price.
German premium carmaker BMW has been able to raise its earnings significantly in the first three months of 2014. The company said the positive results were achieved despite higher technology costs.
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