Paint makers Sherwin-Williams and Valspar remain confident their multi-billion pound merger will go ahead in the first quarter of next year despite a request for additional information from US regulators. Both companies say they expected the request from the US Federal Trade Commission (FTC), which was issued under notification requirements of the Hart-Scott-Rodino Antitrust Improvements [...]

Nissan has agreed to a 34% controlling share in scandal-hit Mitsubishi Motors in a bid to rebuild trust in the car maker. Nissan has vowed to rebuild trust in Mitsubishi Motors following it admitting it had faked data to overstate the fuel efficiency of more than 600,000 cars. Nissan will pay 237bn yen ($2.2bn) for [...]

Sales of SUVs have quadrupled in Europe since 2005 and are expected to keep rising thanks to growing popularity with an unusually diverse group of buyers, according to a new survey. Sports utility vehicles (SUVs) have been embraced by ‘Modern Mums’, mothers with young kids, Millennials, 17- to 34-years-olds, and ‘Quintastics’, for active and youthful [...]

Car sales in western Europe enjoyed a 6.8% year on year rise in April, according to IHS Automotive. Sales of 1,200,253 units continued a strong start to 2016, with year-to-date sales in the region increasing by 7.4% to 4,859,085. April’s sales results meant that the seasonally adjusted annual rate (SAAR) for the region crept up [...]

Last year nearly 12 million consumers took out usage-based auto insurance (UBI) – but if that sounds like a lot wait until you see the projected figure for 2023. According to a new report from IHS Automotive, UBI could attract up to 142 million subscribers globally within the next seven years, driven by a technical [...]