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Rupert Stadler, CEO of German luxury car maker Audi, expects growth from Asia, Russia and the U.S. in 2013.
High-end cars are in high demand. In fact, ultra-luxury auto sales are off to a roaring start in 2013 as wealthy car buyers snatch up Bentleys, Lamborghinis and other pricey models at a rate far greater than the industry sales pace.
British carmakers Rolls-Royce and Bentley will unveil new vehicles at the Geneva Motor Show next week, joining battle in the fast-growing luxury end of the market on behalf of their German owners.
The American auto industry posted steady sales gains for the month of February, as executives reiterated their belief the industry sales pace this year will wind up in a range of 15.3 to 15.5 million vehicles.
China's drive to fuel more vehicles with cleaner-burning natural gas could reduce oil demand by nearly a tenth - equivalent to Turkey's total oil consumption.
Ulrich Hackenberg isn't yet a household name but if Volkswagen's $70 billion bet on his big idea pays off, he may join the likes of Henry Ford in the canon of auto industry pioneers.
Car sales extended their declines in France, Spain and Italy last month, data showed on Friday, leaving little hope of a European auto market rebound anytime soon.
Juergen Pieper, co-head of research at Bankhaus Metzler, tells CNBC why the European car market outlook is not as pessimistic as has been made out, although it should be braced for a tough start to 2013.
Used car sales in China grew faster than new car sales for a second straight year in 2012, and should account for half of all sales within seven years as the world's biggest autos market matures.
Wall Street closed mixed on Monday, as stocks struggled to extend the January rally for another session. Apple led tech stocks higher with a 2 percent rebound while Caterpillar gave support to blue chips following its earnings report.
Toyota Motors regained the crown as the world's top selling automaker in 2012, posting record-high sales and beating rivals General Motors and Volkswagen.
Call them super leaks or super teasers. For a growing number of Super Bowl advertisers, they are super smart business.
The man who led the development of Toyota Motor's Prius hybrid car is set to become the Japanese automaker's chairman as early as this year, said two senior executives familiar with the matter, in a boardroom shuffle that should do little to lessen president Akio Toyoda's grip.
Demand for new cars in Europe fell to the lowest level recorded since 1995, closing a year burdened by heavy declines in all major euro zone economies.
Toyota has dethroned General Motors as the world's top-selling automaker. The Japanese company sold 9.7 million cars and trucks worldwide in 2012, although it's still counting. GM sold 9.29 million. Both companies saw higher sales.
Volkswagen is going after the mid-size sport utility vehicle market, Jonathan Browning, VW of America CEO, told CNBC.
Jonathan Browning, Volkswagen of America president & CEO, discusses the automakers three new crossover models, with CNBC's Phil LeBeau
CNBC's Phil LeBeau reports GM is hoping new model offerings will help the company gain market share. And, Paul Ingrassia, Reuters managing editor, provides a preview of the auto sector this year and explains why Volkswagen is a company to watch.
Investors had one eye on the start of the earnings season in the U.S., but strategists said Europe's own earnings season could throw up a few surprises.
Thursday won the dismissal of a New York lawsuit by 26 hedge funds that accused the German automaker of causing more than $1 billion of losses by cornering the market in Volkswagen AG shares.