Autos coverage from Reuters.
Ford <F.N> said on Tuesday it hopes to set up a bank in Germany in the second half of the year after applying for a licence in the country as part of its strategy to mitigate any risk from Britain leaving the European Union.
The emergence of self-driving electric cars and travel sharing are set to dent oil consumption by 2040, oil and gas giant BP <BP.L> said, forecasting a peak in demand for the first time.
General Motors <GM.N> has offered to convert debt of around $2.2 billion owed by its ailing South Korean operation into equity in exchange for financial support and tax benefits from Seoul, four sources with direct knowledge of the matter said.
The South Korean government has designated the city of Gunsan as a 'crisis zone' for industry and employment, said presidential spokesman Kim Eui-kyeom on Tuesday, after General Motors <GM.N> announced last week it would be shuttering a factory there.
South Korea's finance minister said on Tuesday the government would hold talks with General Motors <GM.N> over the future of its four plants after the company announced the closure of one and left the other three in the balance.
General Motors Co <GM.N> plans to produce two new models in South Korea, a local lawmaker quoted GM executive Barry Engle as saying at a meeting with South Korean members of parliament.
South Korean President Moon Jae-in said on Monday General Motors Co's (GM) <GM.N> decision to shut down a factory south of Seoul will hurt that region, and called upon his administration to take measures to boost economic activity there.
A court will decide on Thursday whether German cities can ban heavily polluting cars, potentially wiping hundreds of millions of euros off the value of diesel cars on the country's roads.
Only weeks into a new job heading General Motors Co's international operations, Barry Engle flew into a frigid South Korea in January and held a series of meetings with government officials to discuss the future of GM's loss-making local unit.
Audi <NSUG.DE> Chairman Matthias Mueller appealed to workers to ignore a media report that Chief Executive Rupert Stadler was about to be ousted, hoping to quell further unrest at the scandal-hit Volkswagen group.
French carmaker Renault <RENA.PA> posted record sales and profit for 2017, bolstering Chief Executive Carlos Ghosn's position in the face of government demands for a clearer succession plan and deeper integration with alliance partner Nissan <7201.T>.
Warren Buffett's Berkshire Hathaway Inc <BRKa.N> on Wednesday disclosed a new stake in generic drugmaker Teva Pharmaceutical Industries Ltd <TEVA.TA> and said it bought more shares of Apple Inc <AAPL.O>, which surpassed Wells Fargo & Co <WFC.N> as its largest common stock investment.
Russia's En+ Group <ENPLq.L> has invited international banks to pitch for the sale of $1 billion(721.60 million pounds) of shares in the company that manages the aluminum and hydropower businesses of Russian businessmen Oleg Deripaska, three sources said.
General Motors' <GM.N> workers at a South Korean plant staged a protest on Wednesday against its planned closure, calling the move by the U.S. automaker a "death sentence", and threatening a strike.
JFE Holdings Inc, parent of Japan's second-biggest steelmaker, plans to spend more than 650 billion yen ($6 billion) over the next three years upgrading domestic production facilities in a bid to raise productivity and competitiveness.
General Motors' South Korean unit is offering workers three times their annual base salary, money for college tuition and more than $9,000 towards a new car as part of a voluntary redundancy plan at the troubled automaker.
U.S. President Donald Trump on Tuesday used a decision by General Motors Co <GM.N> to close one of its four plants in South Korea to launch fresh criticism of the U.S.-South Korea trade agreement.
The London Metal Exchange could remove companies from its list of approved metal suppliers if they fall short of industry standards following an outcry about cobalt mined by children in Africa, three sources said.