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Spyker exits moratorium, will merge with Volta Volare
5
30 hours a go
Spyker exits moratorium, will merge with Volta Volare
We haven't heard much from Spyker since their bankruptcy was declared null and void but that is changing today as the company has revealed they have successfully exited their moratorium of payment.
Fiat Chrysler Automobiles files paperwork for the Ferrari IPO
2
Jul 23rd, 15
Fiat Chrysler Automobiles files paperwork for the Ferrari IPO
Fiat Chrysler Automobiles has filed a registration statement with the U.S. Securities and Exchange Commission for the highly anticipated Ferrari initial public offering (IPO).
Mercedes-Benz, BMW and Audi very close to jointly buy Nokia’s HERE maps business
1
Jul 21st, 15
Mercedes-Benz, BMW and Audi very close to jointly buy Nokia’s HERE maps business
A new report states Nokia is almost ready to shake hands with the German premium trio regarding the HERE maps business.
Report says FCA interested in selling Magneti Marelli for at least €3 billion
3
Jul 20th, 15
Report says FCA interested in selling Magneti Marelli for at least €3 billion
Reuters says Fiat Chrysler Automobiles (FCA) is seriously thinking about selling Magneti Marelli for at least €3 billion.
Mitsubishi Materials apologizes for exploiting US army prisoner labor during WW2
1
Jul 20th, 15
Mitsubishi Materials apologizes for exploiting US army prisoner labor during WW2
Mitsubishi Materials has become the first major Japanese company to apologize for using American army prisoners as slave laborers during World War Two
Magna acquires Getrag gearbox manufacturer for a massive €1.75 billion
6
Jul 16th, 15
Magna acquires Getrag gearbox manufacturer for a massive €1.75 billion
Magna has announced plans to fully acquire Getrag for approximately €1.75 billion and the deal is expected to be finalized before the year's end.
Sergio Marchionne gives up on a GM merger
4
Jul 15th, 15
Sergio Marchionne gives up on a GM merger
Fiat Chrysler Automobiles CEO Sergio Marchionne has apparently given up his quest to merge with General Motors.
PSA Peugeot Citroen to build & sell the Bollore Bluesummer convertible
3
Jul 15th, 15
PSA Peugeot Citroen to build & sell the Bollore Bluesummer convertible
PSA Peugeot Citroën and the Bolloré Group have signed a strategic partnership agreement which calls for the French automaker to manufacture and distribute the Bolloré Bluesummer convertible.
Volvo acquires Polestar and promises potent electrified models
6
Jul 14th, 15
Volvo acquires Polestar and promises potent electrified models
Volvo has acquired a 100% stake in Sweden-based Polestar, following an on-going collaboration since 1996.
Audi, BMW and Mercedes-Benz battle to acquire Nokia’s HERE maps business
3
Jul 9th, 15
Audi, BMW and Mercedes-Benz battle to acquire Nokia’s HERE maps business
Audi, BMW and Mercedes-Benz are believed to be the three finalists for acquiring Nokia’s very successful HERE maps business.
Ferrari IPO could bring in at least 10 billion euros
9
Jul 6th, 15
Ferrari IPO could bring in at least 10 billion euros
Fiat Chrysler Automobiles CEO Sergio Marchionne has revealed he expects Ferrari's IPO will bring in at least €10 ($11 / £7) billion.
Giorgetto Giugiaro resigns, sells remaining stock to Audi
11
Jul 3rd, 15
Giorgetto Giugiaro resigns, sells remaining stock to Audi
Legendary car designer Giorgetto Giugiaro has decided to sell his remaining stock in the company which he founded.
Mercedes to invest 1 billion euros into next-generation of compact models
5
Jun 30th, 15
Mercedes to invest 1 billion euros into next-generation of compact models
Mercedes has announced plans to invest approximately one billion euros into their Rastatt plant to support the production on their next-generation of compact models.
Mahindra’s plan to buy Pininfarina falls through
8
Jun 28th, 15
Mahindra’s plan to buy Pininfarina falls through
Italian media is reporting India's Mahindra & Mahindra has failed to acquire troubled design house Pininfarina.
World\'s best-selling cars revealed
6
Jun 21st, 15
World's best-selling cars revealed
A new interesting survey is showing which the best-selling models in some of the far flung nations are
Volkswagen reportedly being restructured into four holding companies
14
Jun 15th, 15
Volkswagen reportedly being restructured into four holding companies
An interesting report coming from Germany states Volkswagen will be revamped into four holding companies.
FCA reportedly considering a merger with PSA Peugeot Citroen
24
Jun 11th, 15
FCA reportedly considering a merger with PSA Peugeot Citroen
Fiat Chrysler Automobiles CEO Sergio Marchionne is reportedly eyeing a merger with other automakers following a rejection from General Motors.
Qoros stops European offensive, has sold only 51 vehicles on the continent
23
Jun 8th, 15
Qoros stops European offensive, has sold only 51 vehicles on the continent
The Chinese company Qoros will soon temporarily abandon its European market offensive
Volkswagen & SAIC team up on plug-in hybrids and electric vehicles
4
Jun 3rd, 15
Volkswagen & SAIC team up on plug-in hybrids and electric vehicles
Volkswagen and SAIC have signed a new agreement which will pave the way for a number of new plug-in hybrid and electric vehicles to be built in China.
NEVS announces two new Chinese stakeholders & Chinese plant
2
May 28th, 15
NEVS announces two new Chinese stakeholders & Chinese plant
National Electric Vehicle Sweden (NEVS) recently exited reorganization and that has apparently paved the way for the company to establish a new factory in Tianjin, China.
General Motors refused Sergio Marchionne\'s merger proposal with FCA
21
May 25th, 15
General Motors refused Sergio Marchionne's merger proposal with FCA
The New York Times is reporting General Motors is not interested in a merger with Fiat Chrysler Automobiles.
Toyota & Mazda enter into a mutually beneficial long term partnership
6
May 13th, 15
Toyota & Mazda enter into a mutually beneficial long term partnership
Toyota and Mazda have entered into an agreement that calls for the companies to have a "mutually beneficial long term partnership."
Volkswagen bets big on SEAT, will invest 4.2 billion euros into Spanish operations
4
May 12th, 15
Volkswagen bets big on SEAT, will invest 4.2 billion euros into Spanish operations
Volkswagen has announced plans to invest €4.2 ($4.6 / £3.0) billion into their operations in Spain.
De Tomaso sold to Chinese consortium for just €1.05 million
8
May 1st, 15
De Tomaso sold to Chinese consortium for just €1.05 million
Troubled Italian marque De Tomaso has been sold to a Chinese consortium for only €1.05 million ($1.8M / £769,000).
Aston Martin DBX confirmed for production
3
Apr 30th, 15
Aston Martin DBX confirmed for production
Aston Martin has confirmed plans to build a production version of the DBX concept.
Ferdinand Piëch resigns from Volkswagen
25
Apr 26th, 15
Ferdinand Piëch resigns from Volkswagen
In a sudden and shocking move, Volkswagen Group Chairman Dr. Ferdinand Piëch has resigned effectively immediately.
Google almost bought Tesla in 2013
5
Apr 22nd, 15
Google almost bought Tesla in 2013
According to an upcoming book called "Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future," Google was primed to buy the automaker in 2013.
Lotus signs new joint-venture, will build models in China
2
Apr 17th, 15
Lotus signs new joint-venture, will build models in China
Proton and Lotus have signed a joint-venture agreement with Goldstar Heavy Industrial Co. Ltd. which paves the way for Chinese production.
Winterkorn wins out over Piëch, has full backing of VW\'s Executive Committee
1
Apr 17th, 15
Winterkorn wins out over Piëch, has full backing of VW's Executive Committee
The fight between Ferdinand Piëch and Volkswagen CEO Martin Winterkorn is apparently over as the latter has the backing of the Supervisory Board's Executive Committee.
NEVS exits reorganization, could pave the way for a takeover
14
Apr 16th, 15
NEVS exits reorganization, could pave the way for a takeover
The latest Saabpocalypse is coming to a close as the District Court of Vänersborg has granted NEV's request to exit reorganization following the approval of the composition proposal that presented to creditors back in February.

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