The European Union fined four major German car manufacturers €875 million in fines because they colluded to limit the development and rollout of car...
Ferrari has announced that Benedetto Vigna, an Italian executive at Europe’s largest semiconductor chipmaker, will be the luxury sports carmaker’s new CEO.
Mr Vigna, 52,...
European car sales plunged by nearly a quarter last year as the pandemic provoked the worst crisis ever to hit the capital-intensive industry.
New car...
Car maker Daimler and subsidiary Mercedes-Benz USA have agreed to pay 1.5 billion dollars (£1.17 billion) to the US government and California state regulators...
