Volkswagen AG


  • China fines 12 Japanese firms in auto price probe Wednesday, 20 Aug 2014 | 12:16 AM ET

    BEIJING— China announced Wednesday it will fine 12 Japanese auto parts suppliers a total of $202 million for colluding to raise prices in an unfolding anti-monopoly probe of the country's auto industry. Officials said earlier that Mercedes Benz, Audi and Chrysler also violated the law.

  • China fines 2 Japanese firms in anti-monopoly case Tuesday, 19 Aug 2014 | 7:00 AM ET

    NSK Ltd. said Tuesday it was fined 174.9 million yuan and NTN Corp. said it was fined 119.2 million yuan. It said the company, a unit of Germany's Daimler AG, used its control over supplies of replacement parts to charge excessive prices. Officials have said Volkswagen AG's Audi luxury unit and Fiat Chrysler Automobile NV's Chrysler also violated the law.

  • China says Mercedes guilty of price abuses Monday, 18 Aug 2014 | 12:40 AM ET

    BEIJING— China's government said Monday it has concluded Mercedes-Benz violated anti-monopoly law and charged excessive prices for parts, adding to a growing number of global automakers snared in an investigation of the industry.

  • China panel fires adviser over Qualcomm tie Thursday, 14 Aug 2014 | 12:25 AM ET

    BEIJING— A panel that advises China's Cabinet on anti-monopoly policy has fired an economist who was paid to help prepare a report for Qualcomm, a U.S. company that is the target of a pricing investigation, according to state media.

  • European shares closed lower on Thursday with investors reacting to quarterly earnings and some disappointing data from the euro zone.

  • European shares close lower on Russia; ITV soars Thursday, 17 Jul 2014 | 11:57 AM ET

    European shares closed lower on Thursday, as investors shunned riskier assets due to a resurgence in concerns about Russia and sanctioning.

  • VW to spend $900M at Tennessee plant on new SUV Tuesday, 15 Jul 2014 | 1:40 AM ET

    Volkswagen will spend $900 million to build a mid-sized SUV at its U.S. plant in Tennessee.

  • Playing hard to get: Luxury carmakers go exclusive Monday, 14 Jul 2014 | 11:23 AM ET
    Rolls Royce Phantom

    The rich are buying expensive cars at a record pace, and one manufacturer has limited production to maintain exclusivity. NBC News reports.

  • Infosys profit up 21.6 percent, retains forecast Friday, 11 Jul 2014 | 1:25 AM ET
    Employees walk past an Infosys Ltd. logo at the company's campus in Electronics City in Bangalore, India.

    Infosys beat estimates with a 21.6 percent rise in quarterly net profit and retained sales growth outlook on demand for outsourcing services.

  • Should you invest in this ‘high-beta Germany?’ Tuesday, 8 Jul 2014 | 6:54 AM ET

    Investors interested in emerging Europe might consider small-but-vibrant Slovakia, the first ex-Soviet satellite state to join the euro zone.

  • Europe stocks close up on US jobs, ECB inaction Thursday, 3 Jul 2014 | 11:36 AM ET

    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 denies reports of Paccar bid Thursday, 3 Jul 2014 | 8:41 AM ET
    DAF Trucks NV, the Dutch division of U.S. truckmaker Paccar Inc.

    Volkswagen denied planning a bid for U.S. truck maker Paccar after comments from a Daimler executive saying he had heard of a plan.

  • Early movers: APP, MS, LULU, BIND, ABBV & more Thursday, 3 Jul 2014 | 7:52 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Chinese switch from cash to credit for car buys Sunday, 22 Jun 2014 | 7:54 PM ET
    A potential consumer sits in a McLaren sport car during the 2014 Beijing International Automotive Exhibition in Beijing, China.

    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 draws up plans for electric cars: Sources Thursday, 19 Jun 2014 | 5:55 PM ET
    An Audi A3 e-tron electric car is being charged during the media day of the IAA (Internationale Automobil Ausstellung) international motor show in Frankfurt am Main, western Germany.

    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.

  • Europe stocks close lower ahead of ECB meeting Wednesday, 4 Jun 2014 | 12:33 PM ET

    European shares closed lower on Wednesday after the release of business activity data for the euro zone showed a small downtick for last month.

  • Self-driving cars rewriting rules of the road Friday, 30 May 2014 | 4:15 PM ET
    Google's driverless car prototype

    States are passing laws allowing driverless cars, but they are finding it's not easy.

  • This is America's greenest automaker... Tuesday, 27 May 2014 | 2:03 PM ET
    The Hyundai Motor Co. Sonata hybrid vehicle is displayed during the 2014 North American International Auto Show (NAIAS) in Detroit, Michigan.

    The group says all eight automakers reduced pollution for the first time.

  • Time for Samsung's shy 'crown prince' to enter stage Tuesday, 13 May 2014 | 7:25 PM ET
    Jay Y. Lee, vice chairman of Samsung Electronics Co. Ltd.

    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.

  • Carmakers see spring thaw as US auto sales rise Thursday, 1 May 2014 | 10:45 AM ET
    Jeep vehicles are offered for sale at the Marino Chrysler Jeep Dodge dealership in Chicago, Illinois.

    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.