Autos

China has expressed monopoly concerns over Mercedees-Benz activities - executive

SHANGHAI - China's price regulator has expressed monopoly concerns over Mercedes activities in the country but the firm is not under investigation, one of the company's top China executives said on Tuesday.

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Opel Vauxhall to woo budget clients with low-end cars -source 21 Jul 2014

FRANKFURT - Opel plans to build a range of entry-level cars to recapture the type of budget customer who in the past bought its Chevrolet brand, a person familiar with the matter said on Monday.

Saab will not bid for Denmark warplane order - newspaper 21 Jul 2014

COPENHAGEN - Swedish defence company Saab has dropped out of a tender to supply Denmark with between 22 and 30 fighter jets because officials expect rival Lockheed Martin Corp to win the competition, Danish daily Politiken reported on Monday.

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Exclusive - GM says it has no fix yet for some recalled Cadillacs with switch issues 19 Jul 2014

DETROIT - General Motors Co has ordered Cadillac dealers to stop selling some versions of the CTS model-range because the automaker does not have a fix yet for cars recalled in late June over an issue where engines can be shut off if the driver's knee bumps the ignition key, the company said on Saturday.

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GM admits more problems with mislabelling of ignition switch parts 19 Jul 2014

DETROIT - General Motors Co in 2003 and 2004 made changes to redesigned ignition switch parts on four models but did not ensure that older, potentially faulty parts were taken out of circulation, the automaker said in a filing with U.S. safety regulators made public on Friday.

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Sluggish Europe, Chinese construction woes dent Volvo profits 18 Jul 2014

STOCKHOLM - Truck maker AB Volvo posted core earnings well below expectations on Friday as it struggled with slow demand for European trucks at the start of the second quarter and a weakening market for construction equipment in China.

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Slow European recovery takes shine off Volvo second-quarter profit rise 18 Jul 2014

STOCKHOLM - Global truck maker Volvo posted a smaller than expected rise in core earnings on Friday as a slower than expected pick-up in demand in its biggest market, Europe, had left it with over-capacity in its production.

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Fiat Chrysler denies report of merger talks with VW 17 Jul 2014

BERLIN/MILAN - Fiat Chrysler has denied a magazine report saying it's in merger talks with Volkswagen , while the German carmaker said it had no takeovers on its agenda.

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Volkswagen says no M&A projects on agenda, denies report on Fiat talks 17 Jul 2014

BERLIN - German carmaker Volkswagen said on Thursday there were currently no merger and acquisition projects on its agenda.

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Fiat held no merger talks with Volkswagen, spokesman says 17 Jul 2014

MILAN - Italian carmaker Fiat has not held any discussions with Germany's Volkswagen about a potential merger, a spokesman said in a statement on Thursday.