BMW, the world's biggest luxury carmaker, warned that its FY financial forecasts may be at risk from any further deterioration in the Chinese market.» Read More
The rich are buying expensive cars at a record pace, and one manufacturer has limited production to maintain exclusivity. NBC News reports.
British luxury auto maker Rolls Royce has set its sights on one of Asia's poorest but fastest growing nations: Cambodia.
European markets finished slightly up on Friday afternoon, after wobbling around the flat line throughout the day.
European shares closed higher as investor sentiment received a boost from the Federal Reserve who said the U.S. economy is rebounding.
Ratings agency Moody's said Emirates' cancellation of an order for 70 A350 planes from Airbus was "credit negative" for the European planemaker.
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General Electric hopes that three letters - CFM - will convince French leaders to back its offer to rescue Alstom.
European shares closed lower lower on Monday with basic resources stocks weighing heavily on bourses after weak data from China.
Car manufacturers at Europe's premier car show were confident the recent uptick in sales in Western Europe would continue, and attributed weak U.S. sales to the severe weather.
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Airbus is exploring ways to improve A380's sales after receiving a crucial signal from at least one of its engine makers, industry sources said.
Aston Martin is recalling most of its cars built since 2007 after discovering a Chinese supplier was using counterfeit plastic in a part.
Buoyed by a growing economy and a soaring stock market, buyers are entering showrooms and leaving with trophy cars. The NYT reports.
Rolls-Royce said Britain's Serious Fraud Office (had started a formal investigation into concerns about bribery and corruption.
As Asia's wealthy population continues to grow, bespoke cars have become the latest must-have for those looking to stand out from the crowd.
Boeing advised airlines about a risk of engine icing problems on its new 747-8 and 787 Dreamliner planes with engines made by General Electric.
BAE Systems said it would start a consultation process to lay off 1,775 ship workers across the UK.
The U.S. is becoming one of the lowest-cost countries for manufacturing in the developed world, indicating a renaissance of the goods-producing sector.
European shares closed down on Friday, ending the week with a slight loss, after a choppy trading session which saw Rolls Royce and Daimler drag European bourses lower following analyst downgrades.
European shares closed lower on Thursday with investor confidence curbed by a mixed bag of earnings from major companies and concerns about slowing growth in China.