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EU raids Daimler and VW in widening cartel inquiry

FILE PHOTO: The Mercedes star logo of an E Coupe is pictured before the annual news conference of Daimler AG in Stuttgart, Germany, February 2, 2017. REUTERS/Michaela Rehle/File Photo HAMBURG/BERLIN (Reuters) - European Union and German antitrust officials searched the offices of Daimler and Volkswagen on Monday, widening an inquiry into alleged collusion. The

How Harley-Davidson is Trying to Get More People to Ride Motorcycles

2018 Harley-Davidson Fat Bob 114 beauty   Harley-Davidson is fresh off a better-than-expected third quarter but the quarter wasn't without its continued challenges, especially in the U.S. market. Shares of the legendary motorcycle maker popped 2% on Tuesday as third-quarter earnings came in at 40 cents a share, beating analyst forecasts of 39

BMW Headquarters Searched By EU Investigators

EU officials inspected the Munich offices this week BMW has confirmed its head office was searched this week by European Union officials investigating an alleged cartel among five German carmakers. EU investigators are looking into allegations that BMW, Daimler, VW, Audi and Porsche colluded to limit their spending on emissions technology. BMW

Airbus turmoil overshadows bid to rescue Bombardier CSeries

FILE PHOTO: An Airbus A320neo aircraft and a Bombardier CSeries aircraft are pictured during a news conference to announce a partnership between Airbus and Bombardier on the C Series aircraft programme, in Colomiers near Toulouse, France, October 17, 2017. Picture taken October 17, 2017. REUTERS/Regis Duvignau/File Photo PARIS (Reuters) - Airbus’s coup

Toyota to halt operations at all Japan plants as typhoon precaution

Shoppers walk under umbrellas as Typhoon Lan approaches Japan's mainland, in Osaka, western Japan TOKYO (Reuters) - Toyota Motor Corp will suspend operations at all of its assembly plants in Japan, including those of its subsidiaries, from Monday morning as a precautionary measure as a powerful typhoon approaches Japan’s mainland, a spokesman

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