European shares closed lower on Thursday, as investors shunned riskier assets due to a resurgence in concerns about Russia and sanctioning.» Read More
MILAN— Italian automaker Fiat and its main shareholder denied on Thursday a media report that the company is in merger talks with rival Volkswagen.
NASHVILLE, Tenn.— Volkswagen plans to build a new seven-passenger SUV at its factory in Chattanooga, Tennessee, adding about 2,000 factory jobs as it tries to reverse U.S. sales that have fallen for the past two years.
Investors interested in emerging Europe might consider small-but-vibrant Slovakia, the first ex-Soviet satellite state to join the euro zone.
European markets ended the day higher, after the ECB held fire and the widely-watched U.S. non-farm payrolls came in stronger than expected.
Volkswagen denied planning a bid for U.S. truck maker Paccar after comments from a Daimler executive saying he had heard of a plan.
Some of the names on the move ahead of the open.
In a country where owning a car has long been a symbol of luxury and success, around 85 percent of Chinese car buyers still buy cars with cash.
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.
European shares closed lower on Wednesday after the release of business activity data for the euro zone showed a small downtick for last month.
States are passing laws allowing driverless cars, but they are finding it's not easy.
The group says all eight automakers reduced pollution for the first time.
Unassuming and media-shy, Jay Y. Lee is the unofficial heir-apparent to lead Samsung as the world's biggest tech group by sales approaches a crossroads.
The U.S. auto industry in April rebounded sharply from a bitter and extended winter, with car sales rising 8 percent from the previous year.
German car maker Volkswagen's business is falling short of expectations in Russia, its CEO told CNBC at the Auto China show on Sunday.
Ford says the key to its success in the market has been its wide range of product offerings that allow it to effectively target first-time buyers.
As the Beijing Auto Show kicks off on Monday, Martin Winterkorn, Chairman and CEO at Volkswagen, says plug-in hybrids will dominate its lineup in China for alternative energy cars.
Toyota Motor aims to double auto sales in China to around 2 million vehicles a year in the future, a senior executive said on Sunday.
Volkswagen will keep adding capacity in China as the German group is counting on double-digit growth in the biggest auto market.
CNBC's Phil LeBeau reports Volkswagen has issued a "stop sale" order on certain models of Passats, Jettas, Beetles, and Beetle convertibles, due to a potential fire hazard.
European shares closed higher on Wednesday, following a rebound led by the auto sector, after the heavy selling seen at the start of the week.