Daimler will launch cross-marketing activities between its Mercedes-AMG performance division and motorcycle maker MV Agusta, CEO Dieter Zetsche said.
The marketing tie-up between Mercedes-AMG and MV Agusta will replace a similar relationship Daimler had with Ducati, an Italian motorcycle company acquired by Volkswagen Group’s Audi division.
Tata Motors’ second-quarter profit fell 7 percent as sales at its luxury Jaguar Land Rover unit slowed.
Net income fell to 32.9 billion rupees ($533 million) in the quarter ended September, the Indian company reported.
Jaguar Land Rover’s UK workers have voted against an offered pay rise and pension changes as the country’s biggest trade union said the firm should return to the negotiating table or face a ballot for industrial action.
General Motors and its joint ventures sold their 3 millionth vehicle in China in 2014. This is the second consecutive year that GM has reached the milestone, a month earlier than last year. In 2013, GM and its joint ventures hit 3 million sales in a calendar year on 12 December for the first time in GM’s history in its largest market.
The General Motors engineer often identified as responsible for a faulty ignition switch that has been linked to 32 deaths said “I did my job the best I could” in his first public comments since GM recalled 2.6 million cars to address the defect early this year.
