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  • Obama to Europe: Cut reliance on Russian gas Wednesday, 26 Mar 2014 | 12:40 PM ET
    President Barack Obama during a meeting in the Oval Office on March 3, 2014.

    Obama tells the EU to take politically difficult steps to develop their own resources tor reduce reliance on Russia.

  • Porsche to replace engines because of fire risk Wednesday, 19 Mar 2014 | 7:36 AM ET
    Porsche warning: 911 GT3s can catch fire.

    All 2014 model year 911 GT3 sports cars are affected. Owners have been told to stop driving them because they could catch fire.

  • European car sales up 7.6% in sixth monthly rise Tuesday, 18 Mar 2014 | 3:11 AM ET
    An employee at the Renault factory in Maubeuge, France

    Car sales in Europe continued to show strong growth in February, posting a 7.6 percent increase from the same period in 2013, according to an industry body.

  • Another multinational stung by China state TV Sunday, 16 Mar 2014 | 10:30 PM ET
    A model displays the new FX-format digital single lens reflex (SLR) camera 'D600' from Japanese camera maker Nikon during a press preview in Tokyo.

    Japan's Nikon was stung at the weekend by criticism from China's state broadcaster CCTV for selling defective products and poor customer service.

  • SHANGHAI, March 14- Waning popularity and a wounded reputation are likely to dull the edge of China's consumer day TV expose when it airs on Saturday, offering some relief for companies that have in the past taken pains to avoid any fallout from the once-a-year show.

  • March 13- Three anti-union Volkswagen workers have sued the German automaker and the United Auto Workers in U.S. court, alleging that they improperly colluded in the run-up to a union election in Tennessee that the UAW lost.

  • By 2017, global carmakers will be set up to build 6 million vehicles a year in Brazil even as local sales may struggle to pass 4 million, analysts say. "Everyone jumped on the bandwagon," said IHS Automotive analyst Guido Vildozo, citing oversized ambitions in Brazil after sales averaged 10 percent growth in the past decade.

  • March 13- Three anti-union Volkswagen workers have sued the German automaker and the United Auto Workers in a U.S. court, alleging that VW and the union improperly colluded in the run-up to a union election in Tennessee that the UAW lost.

  • BERLIN, March 13- German automaker Volkswagen will reinforce steps to boost earnings in coming years as its long-planned target to increase sales to over 10 million cars a year is almost met.

  • *BMW Q4 automotive EBIT 1.77 bln euros vs 1.68 bln forecast. The investment drive, which includes the launch of the i3 electric vehicle and the next generation of the Mini, will help BMW increase sales again this year in the face of stiff competition from rivals Audi and Mercedes-Benz.

  • BERLIN, March 13- German carmaker Volkswagen expects to sell more than 10 million vehicles across its multi-brand group this year, aiming to hit a long-running target four years earlier than previously planned.

  • -Anti-union Volkswagen workers will get a chance to defend the results of a mid-February union election that the United Auto Workers lost at a Chattanooga, Tennessee VW plant, the U.S.

  • National Labor Relations Board has decided that anti-union Volkswagen workers can defend the results of a mid-February union election that the United Auto Workers lost at a Chattanooga, Tennessee VW plant.

  • *Mercedes to shrink sales gap to Audi- IHS. INGOLSTADT, Germany, March 11- German luxury carmaker Audi, source of nearly half of Volkswagen's profits, expects another drop in operating earnings this year as it invests in new models and foreign expansion in a bid to catch up with sales at luxury rival BMW.

  • INGOLSTADT, Germany, March 11- German luxury carmaker Audi is bracing for another drop in operating profit this year as the costs of foreign expansion, new models and technologies weigh on its results.

  • DETROIT, March 4- EcoMotors, a Michigan- based engine maker backed by Microsoft founder Bill Gates and venture capitalist Vinod Khosla, has formed a joint venture in China with a subsidiary of First Auto Works. FAW's manufacturing partners in China include Volkswagen AG, Toyota Motor Corp and General Motors Co.

  • *Cites weakness in Russia, Argentina, Turkey, Algeria. GENEVA, March 4- French carmaker Renault has trimmed its growth forecast for the global market this year as the industry becomes increasingly worried about volatile emerging markets just when demand in Europe is starting to pick up.

  • *Hyundai, Toyota, Renault see strong growth in the segment. Europe's largest carmaker has been trying for more than a year to hit internal cost requirements for the vehicle, which would likely sell for between 6,000 euros and 8,000 euros and be built in China, the biggest market for budget cars.

  • GENEVA, March 4- Volkswagen's plan to enter the no-frills car market in developing countries is stalling because the German carmaker is struggling to meet cost targets for its first budget car, a VW brand executive told Reuters on Tuesday.

  • Car buyers borrowing record amount Tuesday, 4 Mar 2014 | 5:00 AM ET

    Higher prices for new cars and relatively low rates for auto loans means Americans are borrowing a record amount to pay for their new rides.

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