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  • NEW YORK, July 27- Victims of apartheid in South Africa cannot pursue lawsuits seeking to hold Ford Motor Co and IBM Corp liable for conducting business that helped perpetuate the practice decades ago, a U.S. appeals court ruled on Monday. The 2nd U.S. Circuit Court of Appeals in New York said black South Africans did not show that Ford and International Business...

  • NEW YORK, July 27- Victims of apartheid in South Africa cannot pursue lawsuits seeking to hold Ford Motor Co and IBM Corp liable for conducting business that helped perpetuate the practice decades ago, a federal appeals court ruled on Monday. The 2nd U.S. Circuit Court of Appeals in New York said black South Africans did not show that Ford and IBM engaged in enough...

  • German automaker Daimler posts 8 percent Q2 growth Thursday, 23 Jul 2015 | 3:05 AM ET

    Daimler AG said net profit for the April-June period rose to 2.372 billion euros from 2.196 billion euros a year earlier. Daimler said the Mercedes-Benz cars unit had its best quarter so far for unit sales, with growth of 20 percent to 500,700 vehicles sold. The Daimler group's other unit, Mercedes-Benz vans, posted a 7 percent increase in sales to 81,600 vehicles...

  • BEIJING, July 17- BMW AG is set to unveil a raft of redesigned and upgraded versions of its sedans and sports utility vehicles in China later this year, to shore up weak sales and raise its competitiveness against German rival Mercedes-Benz. But BMW has an additional challenge with Daimler AG's Mercedes-Benz fielding a more up-to-date line up of cars.

  • *Mazda's China sales grew 17 pct in H1 vs market's 1.4 pct. "Other cars are either too round or stocky, but the CX-5 has more of a flowing character," said Nanjing office worker Xu Duo, 27, who bought Mazda's sport utility vehicle last year. Yet Mazda logged its best-ever first half at 17 percent, boosted by sales of the CX-5 as well as sedans Axela and Atenza.

  • BEIJING July 13- Prices for German luxury cars in China are tumbling as the country's stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers. After a fall-off in customer traffic and orders, a dozen BMW stores run by a dealer group with showrooms across...

  • BEIJING July 11- Prices for German luxury cars in China are tumbling as the country's stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers. A China- based spokesman for Mercedes-Benz owner Daimler AG could not immediately be reached for comment.

  • BEIJING July 11- Prices for German luxury cars in China are tumbling as the country's stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers. A China- based spokesman for Mercedes-Benz owner Daimler AG could not immediately be reached for comment.

  • Ford joins competitors in growing car-sharing field Tuesday, 23 Jun 2015 | 10:30 PM ET

    June 23- Ford Motor Co will test new car-sharing programs with U.S. and UK partners as part of a strategy to embrace alternatives to traditional car ownership, including more flexible on-demand models. Ford's finance arm is launching pilot car-sharing programs with Getaround in the United States and easyCar Club in London, Ford Chief Executive Officer Mark...

  • PALO ALTO, Calif./ DETROIT, June 23- Ford Motor Co is joining other global automakers in stepping up efforts to roll out self-driving cars, company executives said on Tuesday. Ford has lagged behind competitors, notably General Motors Co, Volkswagen AG's Audi, Daimler AG's Mercedes-Benz and Tesla Motors Inc, which have all announced plans to begin offering...

  • *Rules would cut fuel costs by $170 billion in 2018-2027. WASHINGTON, June 19- The Obama administration proposed new rules on Friday to slash greenhouse gas emissions from heavy, long-haul trucks, a move to attack climate change that prompted a wary response from industry groups worried about the costs. The complex proposal from the U.S. Environmental...

  • WASHINGTON, June 19- U.S. regulators on Friday proposed a 24 percent improvement in fuel efficiency for heavy trucks by 2027 as part of the Obama administration's plan to reduce greenhouse gas emissions. The Environmental Protection Agency said the new standards for truck tractors would reduce carbon emissions by a total of 1.1 billion tons and begin with...

  • Independent baseball does major league business Sunday, 14 Jun 2015 | 11:00 AM ET
    Rockland Boulders mascot Boulder Bird.

    Independent baseball clubs are giving Major League Baseball a run for its money.

  • Truckers also want consistent standards throughout the country instead of a separate state rule in California. The EPA has said it intends to propose "performance-based" standards, allowing truck makers and operators to hit the target either through the engine, aerodynamic add-ons to trucks and trailers or software to make driving more fuel efficient.

  • America’s most-loved bosses of 2015: Survey Wednesday, 10 Jun 2015 | 12:45 PM ET
    Larry Page, Google co-founder and CEO.

    Want to be the “best boss” ever & it not just printed on a mug? Unfortunately you may have missed your chance in 2015, as Glassdoor announces winners.

  • NEW YORK- June 3- French automaker Renault SA and its Japanese partner Nissan Motor Co continue to increase savings through synergies and can meet longer-term goals without expanding its current alliances, Chief Executive Carlos Ghosn told Reuters on Wednesday. Nissan and Renault can continue to cut the costs of developing new cars and trucks, including...

  • European ends higher after ECB holds rates Wednesday, 3 Jun 2015 | 11:30 AM ET
    A police officer stands next to a security barrier topped with barbed wire outside the European Central Bank (ECB) headquarters as the inauguration ceremony for the new building takes place in Frankfurt, Germany, on Wednesday, March 18, 2015. Anti-austerity protesters seeking to spoil the inauguration of the European Central Bank's new headquarters in Frankfurt's east end set vehicles alight, erected barricades and left a trail of destruction across the city.

    European equities closed higher on Wednesday after the European Central Bank (ECB) held its key interest rates unchanged.

  • EAST DUBUQUE, Illinois, May 25- Mario Enriquez says there's no real trick to getting great fuel mileage in a big truck. Enriquez averaged 9.74 miles per gallon from February to April in an International ProStar made by Navistar International Corp. For that, his employer, Mesilla Valley Transportation, awarded him a Nissan Versa compact car.

  • Memorial Day deals expected to lure car buyers Friday, 22 May 2015 | 4:04 PM ET
    A salesman (left) assists a customer at the Mercedes-Benz of San Francisco car dealership.

    A confluence of economic factors are setting the scene for a strong Memorial Day Weekend in the auto industry.

  • Mercedes-Benz fires 500 workers at Brazil truck plant Tuesday, 19 May 2015 | 7:09 PM ET

    SAO PAULO, May 19- The Mercedes-Benz truck unit of Germany's Daimler AG said on Tuesday it had dismissed 500 workers at a Brazilian truck plant and is putting about 7,000 others on paid leave as it suspends production in the face of plunging sales. Truck sales in Brazil tumbled about 40 percent in the first four months of this year compared with the same period of...