Berlin - German motor industry supplier Continental Wednesday rejected a takeover offer from the Schaeffler Group, saying the bid by the family-owned bearing maker did not reflect its full value.
Ingolstadt, Germany - Audi has announced that its new compact SUV, the Q5, will be available in European showrooms by autumn 2008 with the basic model selling for 38,300 euros (60,000 dollars).
Munich - BMW is planning to launch its fifth generation flagship 7-Series at the Paris Motor Show in October with a sleek design to make the car look narrower than its predecessor.
Stuttgart - The Porsche 356, which celebrates its 60th birthday this month, played a key role in making a remarkable success story out of a once small German engineering firm.
Berlin - German investor confidence recorded a bigger-than -forecast fall in July, a key indicator released Tuesday showed, as a surging euro, spiralling inflation and worries about higher interes
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