Toyota kept its title as the world's top-selling carmaker in 2015, putting it ahead of scandal-ridden Volkswagen and US rival General Motors. Toyota sold more than 10 million vehicles last year, beating its own forecast.
Cooperation talks between the German car giant and the Indian market leader about joint development of a car for emerging markets have ended 'amicably' because the pair couldn't achieve planned cost savings.
The French carmaker has completed its takeover of GM's European subsidiaries ahead of time, naming a new management to chart an attempted turnaround for the two struggling brands.
The EU competition authority has agreed to Peugeot PSA's takeover of Germany's Opel, creating Europe's second-largest carmaker after Volkswagen. In March, PSA agreed to buy Opel from General Motors for 2.2 billion euros.
Diesel emissions scandal? Lawsuits, fines, turmoil at headquarters? Whatever. VW Group sold more cars and light trucks than any other carmaker in the first half of 2016, ahead of close rivals Toyota and General Motors.
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