• GM to expand Hungary output with $655 million plant

    General Motors will invest $655 million to expand capacity at its Opel factory in Hungary and Volkswagen's Audi may also expand production at its plant, both seen as boosting investor sentiment toward the country.
  • Mercedes COO sees y/y sales growth returning soon

    Daimler AG's Mercedes-Benz Cars premium auto division expects year-on-year sales growth to resume soon, the division's chief operating officer told Reuters on Friday.