Five-year-old Flixbus, a bus company backed by US investor Silverlake and Mercedes-Benz, is venturing into the US within the next few months, after successfully expanding in Europe.
The European giant is considering bundling various mobility services after breaking up with BMW’s DriveNow. The Hertz rival would combine rental, ride-hailing and car-sharing, a board member told Handelsblatt.
Shareholder Cevian is pressuring ThyssenKrupp to sell divisions. It and other activist investors may not have their target’s best interests at heart, warns a Handelsblatt business correspondent.
Uber, dubbed the “taxi killer” across Europe, is keen to improve its bad reputation in Germany, and hopefully launch in more than two cities.
Herbert Diess, the CEO of the VW brand, took up his role just weeks before the Dieselgate scandal broke. Now he finds himself in the thick of the aftermath, overseeing the firm's long-term plans for cultural change.
The world’s third-largest car-parts maker might make another big takeover. ZF is especially interested in strengthening its trucks business, said the chairman, who also announced his resignation.
The airline's stock has nearly doubled in a year that includes taking over most of bankrupt rival Air Berlin.
Porsche CEO Oliver Blume says the company won’t use the recent recall of thousands of Cayenne SUVs as a springboard to phase out diesel cars entirely.
Germany’s largest utility remains undeterred about takeover speculation even as key shareholder E.ON could sell its stake. Uniper can actually thrive thanks to the country’s renewable energy shift, its CEO said.
The cross-town rival to German sports shoe company Adidas Is setting its sights on getting back into professional sports like baseball and basketball in the US.