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Autos

BMW recalls 120,000 cars over Takata air bags: Bild

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FRANKFURT German carmaker BMW is recalling 120,000 cars in the United States for defective Takata air bags, German paper Bild reported on its website on Friday.

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BMW recalls 120,000 cars over Takata air bags - Bild 27 May 2016

FRANKFURT German carmaker BMW is recalling 120,000 cars in the United States for defective Takata air bags, German paper Bild reported on its website on Friday.

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Porsche creates digital business division 27 May 2016

FRANKFURT Porsche AG, the sportscar unit of Volkswagen, launched Porsche Digital GmbH, a division dedicated to developing digital services for the premium segment.

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Daimler invests 3 billion euro in clean diesel technology 27 May 2016

FRANKFURT Daimler said it will spend 3 billion euros (2.3 billion pounds) to curtail diesel exhaust pollution levels by modifying its engines and exhaust treatment systems including through a software update for some Mercedes-Benz passenger cars.

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BMW CEO poised to shake up top team - report 26 May 2016

BERLIN BMW plans to appoint new finance and purchasing chiefs as Chief Executive Harald Krueger builds a younger management team to lead the German carmaker into the future, a monthly magazine reported on Thursday.

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Microsoft to cut 1,850 jobs at struggling smartphone unit 26 May 2016

HELSINKI/SAN FRANCISCO Microsoft Corp announced more big cuts to its smartphone business on Wednesday, just two years after it bought handset maker Nokia in an ill-fated attempt to take on market leaders Apple Inc and Samsung Electronics Co Ltd. | Video

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Peugeot may raise European car market forecast for 2016 - CEO 25 May 2016

PARIS French carmaker Peugeot PSA Citroen may raise its forecast for the size of the European car market this year when it publishes half-year results, Chief Executive Carlos Taveres said on Wednesday.

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BMW invests in California-based carpooling app Scoop 25 May 2016

DETROIT German luxury car maker BMW AG on Wednesday said its BMW iVentures venture capital arm has invested an undisclosed amount in California-based Scoop Technologies, which offers a smartphone-powered carpooling service called Scoop.

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Fiat Chrysler has no agreement to sell stake to China's GAC 25 May 2016

MILAN Fiat Chrysler Automobiles has not made any agreement with China's Guangzhou Automobile Group (GAC) to sell a stake, the Italian carmaker's chairman John Elkann said on Wednesday.

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Mitsubishi Motors brings in new R&D chief, restates results after scandal 25 May 2016

TOKYO Mitsubishi Motors appointed a Nissan Motor adviser as its head of research and development, part of a management overhaul in the wake of a mileage cheating scandal that also prompted it to mark down last year's earnings.