Topic: Automobile Manufacturing
BMW global February sales up 14 pct to 91,758 cars
AP News
German carmaker BMW global February group sales up 14 percent to 91,758 carsGerman carmaker BMW AG says its global February group sales increased 14 percent from a year earlier to 91,758 cars for the month. The Munich-based company said Tuesday it delivered 78,248 cars of the BMW ...
Germany's Daimler sells shares in India's Tata
AP News
Ta Ta! Germany's Daimler unloads its shares in India's Tata MotorsGerman automaker Daimler AG says it has sold all of its shares in India's Tata Motors to various groups of investors through the capital markets. The automaker, based in Stuttgart, said in a statement Tuesday that it ...
Audi '09 net income down 39 pct to $1.8 billion
AP News
German carmaker Audi 2009 net income down 39 percent to $1.8 billionGerman carmaker Audi AG says its 2009 net income fell 39 percent to euro1.35 billion ($1.8 billion) as the economic downturn cut demand for its cars. The Ingolstadt-based company earned euro2.2 billion in 2008. Audi ...
Daimler sells Tata Motors stake: financial source
AFP Global Edition
German auto and truck maker Daimler has sold its stake in Tata Motors of India and will go it alone in the rapidly growing truck market, a source close to the matter said on Monday. "Tata Motors and Daimler have a relationship that goes back over 50 years but now ...
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