Luxury cars and truck maker did not expect Britain's decision to leave the European Union to have any impact on demand.
Arndt Ellinghorst, head of global automotive research at Evercore ISI, explains why the Brexit vote will be a problem for Germany’s autos market and its exports.
Looking at the European autos market, Arndt Ellinghorst, head of global automotive research at Evercore ISI, discusses the recent earnings from both Volkswagen and Daimler.
Euro zone stocks closed higher on Tuesday as uncertainty over U.K. politics diminished with the imminent appointment of a new U.K. prime minister.
European stocks finished with strong gains on Monday after the S&P 500 index posted an all-time record high shortly after Wall Street opened.
The U.K.’s decision to leave the EU could create problems for the autos industry, but also opportunities, according to market watchers.
European markets ended lower on Monday, as concerns about the U.K.'s Brexit vote returned to weigh on investor sentiment.
Bob Bechek from management consulting firm Bain & Company, has been named the U.S.’ highest rated CEO of 2016, according to Glassdoor.
In a trendy part of Manhattan, Cadillac is taking the next step in its efforts to revitalize its brand image and reach a new audience.
If a Gulfstream V jet mated with a cargo van, their offspring would probably look something like Becker Automotive Design's "Jet Van."
Suzuki admitted using improper fuel economy tests, and Mitsubishi Motors' president stepped down as Japan's fuel testing scandal widened.
European stocks were mixed during Monday's trade, as poor performance in Italian banks and a decline in oil prices capped gains in the region.
European stocks ended trade in the red, amid weak sentiment across the globe, as a sharp decline in mining stocks weighed on the wider benchmarks.
European stocks finished in negative territory on Friday as sharp losses in the autos and basic resources sectors dragged the wider benchmarks lower.
Owners of diesel Mercedes cars claim their vehicles likely contain a 'defeat device.'
European equities closed in the red on Thursday, as investors digested the latest set of minutes from the European Central Bank.
Amazon.com and Microsoft are in talks about taking a minority stake in HERE, a digital mapping business controlled by Germany's luxury carmakers.
The online retailer is in talks with a consortium of German carmakers about taking a stake in HERE.
Declining earnings in the first quarter may not lead to falling stocks, according to market history.
From the Audi R8 Spyder to the Mercedes GLC Coupe, here are some of the biggest showstoppers from the 2016 New York International Auto Show.