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Edward Taylor

Activist Knight Vinke calls for Uniper split to end Fortum deadlock

9:24am EDT

FRANKFURT Uniper should explore a deeper break-up to overcome antitrust hurdles that have prevented Finland's Fortum from taking full control of the German utility, activist investor Knight Vinke said on Monday.

Activist Knight Vinke calls for Uniper split to end Fortum deadlock

9:19am EDT

FRANKFURT, April 22 Uniper should explore a deeper break-up to overcome antitrust hurdles that have prevented Finland's Fortum from taking full control of the German utility, activist investor Knight Vinke said on Monday.

VW to take on Tesla X in China from 2021 with electric SUV

Apr 17 2019

SHANGHAI Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla's Model X as the German carmaker ramps up production of zero emissions vehicles. | Video

In quest for electric supercars, engineers head to start-ups

Apr 15 2019

FRANKFURT Rene-Christopher Wollmann, head of Mercedes-AMG's 2.75 million euros Project One supercar program, has moved to a job at Automobili Pininfarina in a sign that innovation in high end electric sportscars is shifting toward small start-ups.

Parts maker ZF Friedrichshafen positions for driverless cars with $7 billion deal for Wabco

Mar 28 2019

FRANKFURT German auto parts maker ZF Friedrichshafen has agreed to buy U.S. rival Wabco for over $7 billion, an acquisition it has long targeted to bolster its expertise in autonomous-driving technologies.

Daimler to develop Smart brand together with Geely

Mar 28 2019

FRANKFURT/BEIJING Daimler will build its next generation of Smart electric cars in China through a joint venture with Geely, as a way to increase economies of scale in a market segment that is struggling to turn a profit.

Daimler to develop Smart brand together with Geely

Mar 28 2019

FRANKFURT/BEIJING Daimler will build its next generation of Smart electric cars in China through a joint venture with Geely, as a way to increase economies of scale in a market segment that is struggling to turn a profit.

BMW plans to cut costs after warning on profits

Mar 20 2019

MUNICH BMW expects group pretax profit to fall by more than 10 percent this year and plans a sweeping 12 billion euro ($13.6 billion) savings and efficiency plan to help offset higher technology investment and currency costs. | Video

Sparprogramm soll BMW aus der Krise helfen

Mar 20 2019

München/Hamburg BMW verliert mitten im größten Umbruch in der Geschichte der Automobilindustrie an Boden.

U.S. SEC sues Volkswagen, ex-CEO over alleged emissions fraud on investors

Mar 15 2019

WASHINGTON/FRANKFURT The U.S. Securities and Exchange Commission (SEC) is suing Volkswagen (VW) and its former chief executive Martin Winterkorn over the German automaker's diesel emissions scandal, alleging a "massive fraud" on U.S. investors. | Video

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