Renault boss battles to keep carmaker on track

When he was tapped to succeed fallen auto titan Carlos Ghosn as head of Renault in January, Jean-Dominique Senard was touted as a steady hand at the wheel who would shore up the French carmaker's frayed alliance with Nissan.

Two decades of tie-ups and break-ups among EU carmakers

French auto giant Renault and Italian-US counterpart Fiat Chrysler are planning to announce an alliance, further reshaping Europe's auto sector which has already witnessed two decades of takeovers, alliances and break-ups.

Electric shift prompts belt-tightening for German carmakers

German carmakers are increasingly turning to electric vehicles to master tough new emissions limits looming in the EU, but the shift away from internal combustion engines will entail years of lower margins and profits, cost ...

French carmaker PSA boosts outlook after 'historic year'

French auto giant PSA, which produces the Citroen and Peugeot brands, said Tuesday it had boosted its profit outlook after recording a "historic year" in 2018 despite the car industry facing "strong headwinds".

BMW fined for diesel software error

Germany prosecutors have fined automaker BMW 8.5 million euros ($9.66 million) for lax oversight in installing defective engine software that led to excessive diesel emissions in 7,965 cars.

European car sales begin 2019 in reverse

European car sales fell by 4.6 percent in January from the same month last year, an industry body said Friday, in another worrying sign of economic slowdown.

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