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Porsche SE could face linked lawsuits under German class-action law


The holding company has been facing numerous long-running suits brought on by disgruntled investors over the company’s botched attempt to become majority owner of Volkswagen AG. Now, the investors have asked a court in Germany to link numerous lawsuits across the country into one massive action under the company’s class-action law. According to Andreas Tilp, an attorney that guides institutional investors ...
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BMW against Germany upholding strategy for quota of board women
Bayerische Motoren Werke AG – the world’s largest luxury automaker – alongside other important industrial companies in Germany has decided to speak out against the country’s governmental plan to impose ...
Opel Adam S gets priced in Germany
Opel has recently announced the official price list for the Adam S in Germany, where the model in question will start from 18,690 euros. The sportiest model from the Adam range ...
Report – GM plans for Karl, Corsa trigger worker unrest
According to a report coming from German business magazine Bilanz, General Motors' Opel division could soon face labor unrest in Germany as workers grow unsettled over the future production plans ...
Mexican auto history has deep ties with Germany’s automakers
Mexico, a country in the NAFTA region that has lately become the place to go for global automakers that want to further expand their auto production in the Americas, has ...
Tesla and BMW negotiating partnership over batteries and parts
According to a comment made by Tesla's Chief Executive Elon Musk in an interview with German weekly Der Spiegel, the US electric automaker has entered negotiations with BMW over the ...
Europe: GM investing half a billion in engines and ready to make new Opel SUV
General Motors has decided to further support the ailing European operations by green lighting the production of a sports utility vehicle (SUV) at the main Opel facility in Ruesselsheim, Germany. According ...
Opel Adam S gets priced in Germany
Opel has issued the official starting price of the Adam S on its local market, where the model in question is now available from 18,690 EUR, VAT included. The Opel Adam ...
Porsche SE still in trouble over failed VW takeover
Volkswagen AG now owns the entirety of the luxury sports car manufacturer Porsche, but not long ago the brand’s controlling holding – Porsche SE – attempted to gain control over ...
Lamborghini Murcielago gets crashed in Germany
A Lamborghini Murcielago supercar has been recently involved in a crash in Germany after its wheel burst at 290 km/h (180 mph). The Lamborghini Murcielago may have left the production line ...

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