Light specialist Osram are negotiating with two investors about a takeover. Interested parties include the private equity firms Bain Capital and Carlyle Group, considering "a joint acquisition of up to 100 percent" of Osram shares—or there could wind up being

By Mc Kinsey

If the driverless-car phenomenon takes off in China, Mc Kinsey beleive the payoff could be in the trillions of dollars.
McKinsey recent research suggests autonomous

Opel CEO Michael Lohscheller wants to significantly reduce costs. "Our personnel costs compared to sales were around 15 percent under GM, with good competitors at 11 percent," Lohscheller said last year in an interview with the business magazine Bilanz.

Renault have appointed Jean-Dominique Senard (photo, left) as their new chairman after Carlos Ghosn was forced to resign in a financial scandal at alliance partner Nissan. Senard will become chairman immediately, the company confirmed in a statement,

Full-year registrations across Western Europe were down 0.7% in 2018 versus 2017: 14.2 million units were sold, the first annual decline since 2013.

In France, the market still grew 3% for the full year to deliver its best annual performance since 2011.

Sales of cars and light commercials in Brazil in 2018 topped 2.56m units, up 14% from the 2.24m units sold in 2017.

The increase was larger than the predictions made by manufacturers' association Anfavea during the year.
December sales reached 234,500, up

Hildegard Wortmann, BMW's former head of brand and product management, may be heading to Audi.

If press reports to that effect come true, Wortmann would strengthen new Audi CEO Bram Schot's management team at a time when the brand is falling

U.S. auto sales rose 2.2% in December, capping a year that saw overall volume rise 0.6% even as automakers endeavored to counter slumping car demand with higher light-truck deliveries.

The final sales tally for 2018, 17.33 million cars and light

General Motors product chief Mark Reuss will succeed Dan Ammann as president.

Reuss will assume responsibility for GM's quality organisation in addition to leading the automaker's global product group and Cadillac. Ammann, meanwhile, will step down

The innovative power of the automotive industry is becoming a question of survival. The automotive industry is in the midst of a paradigm shift that is bringing new technologies and new competitors to the scene. Which car manufacturers