automobiles

Daimler

Germany's Daimler to cut 'at least 10,000' jobs to fund electric shift

German luxury automaker Daimler on Friday said it would slash at least 10,000 jobs worldwide in a major cost-cutting drive to help finance the switch to electric cars.

Cars

Mercedes drops clapped-out robots for humans

German car maker Mercedes has given robots at its factory some tough news - they’ve become redundant in the modern world and will be replaced by more flexible humans.

BMW

VW CEO survives despite departure rumours

Volkswagen CEO Martin Winterkorn has dodged a broadside from company chairman Ferdinand Piech which many thought would unseat him from the troubled car maker. Instead, the steering committee has offered him an extension to his contract.

east germany

Trabi project aims to electrify 'Ostalgia'

Its chuntering motor and belching exhaust once heralded the coming of the communist utopia. Now the east German 'Trabi' is leading a new revolution, and this time you won't hear it coming.

corruption

Car parts supplier fined millions for price fixing

A US auto parts supplier has become the latest company to plead guilty to fixing prices of parts sold to German automakers following an international probe, US prosecutors said on Monday.

China

BMW to develop electric car for Chinese market

BMW is to develop a new brand of electric cars exclusive to China, giving into pressure from the Chinese authorities.