Coverage tagged Mergers and acquisitions.
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Renault-Nissan's Carlos Ghosn will be replaced as AvtoVAZ chairman by Rostec's Sergei Skvortsov from 23 June, reflecting shifting control during a turbulent period for Russia's auto sector.
Sergio Marchionne has not dismissed the possibility of Alfa Romeo returning to Formula One by acquiring the struggling Sauber operation, as speculation grows around the Swiss team's future.
General Motors has bought San Francisco-based Cruise Automation, aiming to accelerate its autonomous vehicle development by integrating the startup’s technology and talent.
Daimler's Dieter Zetsche confirmed the German automaker consortium behind HERE is in talks with new investors, including Renault-Nissan and Continental, to expand the digital mapping venture.
Mahindra & Mahindra has opened discussions with Pininfarina, the Italian design house it recently acquired, to develop a premium car as the Indian firm seeks to regain ground in its home market.
Toyota will discontinue its Scion brand in August 2016, rebranding existing models as Toyotas and ending a project that targeted younger buyers in the US market.
General Motors has bought assets from the closed ride-sharing company Sidecar for a reported $39 million, following its $500 million investment in Lyft earlier in January 2016.
Formula One figure Niki Lauda has bought Vienna-based Amira Air, marking his fourth venture into the airline business and signalling plans to expand its executive charter operations.
Alphabet’s CapitalG leads a $1 billion funding round for Lyft, raising its valuation to $11 billion and intensifying the US ride-hailing contest with Uber.
The German carmakers have finalised their joint acquisition of Nokia’s HERE digital mapping unit, securing a key resource for future autonomous and connected vehicle technologies.
Holger Haerter, Porsche's former finance chief, has admitted in a Stuttgart court to market manipulation during the company's failed 2008 Volkswagen takeover attempt.
Red Bull founder Dietrich Mateschitz is negotiating the purchase of Austria’s Salzburgring, expanding his circuit holdings beyond the Red Bull Ring.
An international arbitration tribunal has instructed Volkswagen to sell its entire stake in Suzuki, ending a four-year dispute over the failed alliance between the two manufacturers.
National Electric Vehicle Sweden, owner of Saab's assets, has signed a deal with Dongfeng Motor to jointly develop electric and hybrid vehicles for global markets.
With Renault's future in Formula One unresolved, Lotus says it will not make any announcements at Spa despite ongoing takeover and financial rumours.
A failed partnership between Volkswagen and Suzuki heads for a decision in London after four years of dispute, with development and emerging-market ambitions stalled on both sides.
BMW, Audi and Mercedes-Benz have agreed to acquire Nokia’s HERE mapping business for €2.5 billion, securing a key asset for future autonomous and connected car development.
Reports in Germany suggest Renault is preparing a formal offer to reclaim the Enstone-based Lotus Formula One team, with Alain Prost linked to the negotiations.
Reports link Miami Dolphins owner Stephen Ross and Qatar's sports fund to a potential $8bn F1 acquisition, as figures debate the future role of Bernie Ecclestone.
Karl-Thomas Neumann rules out tie-up with FCA, saying Opel will focus on internal scale within GM rather than pursuing alliances with external rivals.
Toyota’s partnership with Mazda highlights how the smaller firm’s approach to engines, chassis and design could influence the world’s largest carmaker.
Volkswagen’s finance chief has dismissed speculation of acquisitions or mergers, confirming the group is concentrating on talks to raise its stake in its Chinese joint venture with FAW.
French Economy Minister Emmanuel Macron says talks with Renault CEO Carlos Ghosn will continue, but the state will not back down from its double voting rights strategy.
Carlos Tavares signalled PSA’s interest in bringing more automakers into its A-segment joint venture, aiming to share costs and boost competitiveness.