The Porsche that whipped around the Le Mans race track this weekend for the first time in 16 years was unlike most of the brand’s vehicles these days: the low- slung model was a sports car rather than a SUV.
European cocoa-bean processing may have been bigger than reported in the third quarter because Fuchs & Hoffmann GmbH, a grinder in Germany that provided no figures for the period, was processing at full capacity.
Volkswagen AG secured enough backing to move forward with a 6.7 billion-euro ($9.2 billion) bid for Scania AB, removing the last major obstacle to a nearly decade- long effort to forge an integrated heavy-trucks unit.
Bayerische Motoren Werke AG, the world’s largest maker of luxury vehicles, has increased production of the i3 electric city car 43 percent to meet demand that has exceeded the carmaker’s initial expectations.
To avoid the fate of other slow- selling electric vehicles, Bayerische Motoren Werke AG will offer the new i3 -- a battery-powered compact car -- with a unique option: the use of a sport-utility vehicle.
Porsche AG will swap out the engine on the racing version of the 911 sports car after the German automaker took the rare step of telling customers to stop driving the model because the vehicle could catch fire.