Volkswagen denied planning a bid for U.S. truck maker Paccar after comments from a Daimler executive saying he had heard of a plan.» Read More
Audi has drawn up blueprints for a wider range of high-performance electric cars to help it take on rivals, according to sources at the carmaker.
Carmakers and technology developers building self-driving cars can look forward to a market worth $87 billion by 2030, according to new research.
Wall Street has its eye on the Federal Reserve's meeting, but a slew of data is likely to have more influence on stocks Wednesday.
Each of the NBA's teams contributes an equal part of its sponsorship revenue into the league's revenue-sharing system.
Los Angeles Clippers owner Donald Sterling has been hit with a $2.5 million fine and has been banned for life.
BMW and Mercedes are recalling hundreds of thousands of cars.
Long associated with glitz, bravado and lavish spending, Formula One has also delivered a boost to revenues and dictated consumer tastes, according to the cars' manufacturers.
Volvo raised its outlook for the North American market on Friday after posting an expected rise in quarterly earnings.
A large number of Americans are nervous about whether new technology in connected automobiles could be hacked and the data stolen.
European stocks held onto gains on Friday to close higher for a second-straight week.
Closely entwined economically with Russia, Germany is a pivotal player in the West's standoff with Russia.
*Car companies spend more on research and development. FRANKFURT, March 13- The car industry's international patent filings jumped 18 percent in 2013, the World Intellectual Property Organisation said on Thursday, in part reflecting a push for new technologies to lower exhaust emissions.
March 5- United Parcel Service Inc is spending $70 million to add 1,000 propane trucks to its delivery fleet, the biggest bulk purchase of propane-fired vehicles yet as output of the fuel in the United States hits record highs.
Asian stocks were mostly higher Wednesday, boosted by overnight gains on Wall Street and unveiling of China's official 2014 GDP growth target.
Despite recent poor U.S. auto sales, Daimler has managed to grow because of the "unbelievable" reception of its new models, Daimler chairman Dieter Zetsche tells CNBC.
Dieter Zetsche, Daimler chairman tells CNBC that the group expects a "decent" European recovery this year and says the ECB has struck "the right balance."
WASHINGTON, Feb 25- U.S. electric luxury car Tesla Model S was named by Consumer Reports magazine on Tuesday as its overall top pick for 2014, while Japanese models took just five of the top 10 spots, their worst showing in the 18- year history of the annual rankings.
WASHINGTON, Feb 25- U.S. electric luxury car Tesla Model S was named by Consumer Reports magazine on Tuesday as its overall top pick for 2014, while Japanese models took five spots in the annual rankings, their worst showing in the 18- year history of the ratings.
The CEO of BlackBerry has told CNBC that the value of its BBM messaging service comes from its high level of engagement.
FRANKFURT, Feb 21- Daimler AG has. The maker of Mercedes-Benz limousines said it will only compare itself with companies that have an investment-grade credit rating, a major shift which means it can no longer measure performance against weaker firms like France's Renault SA and Italy's Fiat SpA.