Automotive
German car giant BMW posted record profit of 4.8 billion euros for the second quarter on Tuesday, but warned the second half of the year would "likely" be affected by semiconductor shortages.
Aug 3, 2021
0
18
Business
Air France-KLM said Friday that it narrowed its loss in the second quarter and saw the "first signs of recovery" in the aviation sector as countries ease coronavirus restrictions and vaccination campaigns continue apace.
Jul 30, 2021
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3
Dutch electronics giant Philips said Monday sales were up for the second quarter, but that profits took a hit from a recall of faulty sleep and respiratory care equipment.
Jul 26, 2021
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2
Business
The European Central Bank inched closer to a "digital euro" on Wednesday with the formal launch of a pilot project, but questions remain about potential pitfalls and benefits for eurozone citizens.
Jul 14, 2021
1
6
Automotive
The Spanish government will invest 4.3 billion euros ($5.1 billion) from its share of European pandemic recovery funds to revamp its automobile industry and steer it toward manufacturing electric vehicles and their components, ...
Jul 12, 2021
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3
Automotive
Japanese automaker Mitsubishi Motors confirmed Monday it paid a 25 million euro fine issued by German prosecutors over emissions fraud allegations earlier this year.
Jul 12, 2021
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4
Automotive
Citroen became on Thursday the fourth automaker to reveal this week that it has been charged in France in connection with the "dieselgate" emissions cheating scandal.
Jun 10, 2021
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3
Automotive
French car maker Peugeot is facing prosecution in France over the "dieselgate" emissions cheating scandal, its parent company Stellantis said Wednesday, after similar charges were announced against Renault and Volkswagen.
Jun 10, 2021
0
4
Automotive
Former Volkswagen CEO Martin Winterkorn has agreed to pay 11.2 million euros ($13.6 million) in compensation for what the company called his failure to quickly get to the bottom of the 2015 scandal over diesel engines rigged ...
Jun 9, 2021
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0
Automotive
Former Volkswagen chief executive Martin Winterkorn will pay the auto giant a record mulimillion sum to settle a negligence claim surrounding the "Dieselgate" emissions scandal, informed sources said Sunday.
Jun 6, 2021
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5
