June 24 (Reuters) - Volkswagen has agreed to sell its diesel engine unit Everllence to Bain Capital in a deal generating proceeds of about €7.4 billion ($8.4 billion), beating out other private equity ...

Volkswagen Group has agreed to sell Everllence – its heavy duty diesel engine unit – to private capital firm Bain Capital. Several private equity firms were also in the running (including Blackstone), ...

June 24 (Reuters) - Volkswagen has agreed to sell its diesel engine unit Everllence to Bain Capital in a deal generating proceeds of about €7.4 billion ($8.4 billion), beating out other private equity ...

Ford Motor Co. took an unusually human approach to fixing its stubborn quality problems: It brought back what it calls “gray beard” engineers to help train younger staff and to reprogram the ...

June 24 (Reuters) - Volkswagen ⁠has ⁠agreed to sell its diesel ⁠engine unit Everllence to Bain Capital in a deal generating proceeds of about €7.4 billion ($8.4 billion), beating out other private ...

Ferrari will run an updated power unit at this weekend's Austrian Grand Prix after making use of an opportunity to upgrade its engine under Formula 1's performance catch-up mechanism, ADUO. Lewis ...

Volkswagen (VWAGY) is taking unusual steps to avoid potential conflicts of interest on its $10B engine unit sale, including demanding bids in sealed envelopes and forcing several members of its ...

Volkswagen is selling a 51% stake in engine subsidiary Everllence to Bain Capital, seeking to streamline its investment portfolio. The German automaker will retain a 49% stake in Everllence and stay ...

Volkswagen VOW30.40%increase; up pointing triangle agreed to sell a majority stake in its heavy-engine division, a step in its campaign to reorder an unwieldy automotive empire that is coming under ...

The FIA World Motor Sport Council has officially approved rule changes to the F1 2027 power units regulations. Having been provisionally agreed earlier in June, it is now official that there will be a ...