While Volkswagen and other European automakers are considering closing factories, Chinese rivals are searching for production ...

Plus Elon Musk says we won’t go to Mars if Kamala Harris wins the U.S. election and General Motors is laying off workers at ...

The heirs of Italy’s Agnelli family are at risk of losing €75m (£63m) after a judge seized the funds amid claims they had ...

The latest round of global mass layoffs at Intel, Cisco, IBM and Apple in the last month is yet another episode in the ...

The Agnelli and Elkann families are some of the most powerful names in the automotive industry, but John Elkann is taking a ...

The case stems from a wider inheritance dispute which has divided one of Italy's best known business dynasties.

Italian prosecutors on Friday ordered the seizure of nearly 75 million euros from Ferrari and Stellantis chair John Elkann and four others as part of a probe into alleged tax fraud.

An Italian judge has seized assets worth around $84 million from five people including Stellantis and Ferrari Chair John ...

Prosecutors in Turin said Elkann, who is also Ferrari chairman, and his siblings were part of "a criminal plan" to hide ...

An Italian judge has confiscated assets valued at nearly 75 million euros from five individuals, including John Elkann, the chair of Stellantis and Ferrari, amid a tax fraud investigation. The case ...