The German carmaker’s investment, comes months after General Motors injected $500 million into US ride-hailing app Lyft, the FT reports. » Read More
CEO Martin Winterkorn has almost accomplished his goal of making Volkswagen the world's No. 1 automaker.
Skyrocketing sales in China are helping Germany’s Volkswagen Group steal a lead over its other global rivals, CEO Martin Winterkorn told CNBC.
A mix of models topped the charts in the U.S. News and World Report "Best Cars for Families" annual awards.
European carmakers and chemical and tourism companies stand to gain most from the weak euro, while the airline sector looks set to be worst hit.
CNBC goes behind the scenes to bring you some of the highlights of the 85th Geneva International Motor Show.
The founder of Duquesne Capital Management said that the Fed risks disrupting the U.S. economy if it waits to raise interest rates.
The last of 450 Bugatti Veyron models is set to go on display at the Geneva Motor Show next week. NBC News reports.
Marc Winterhoff sees the great auto shake out coming over the next 15-20 years. That's when self-driving, or autonomous drive, vehicles will take off.
Strong sales, a weaker euro and renewed hopes for the euro zone have helped propel shares in European carmakers to record highs this year.
European shares finished higher with investors reacting to a slew of earnings and ongoing negotiations surrounding Greece's bailout program.
German car maker Volkswagen AG will recall 80,000 cars from its luxury division Audi, with around 35,000 of the affected vehicles from China.
While there are still a few off-the-wall cars shown at the Detroit Auto Show, these days, what you see very well may be what you get.
In the latest sign of the ultra-luxury car market's growth, Mercedes-Benz is starting its new Mercedes-Maybach S600 at just under $190,000.
Germany has overtaken the UK as Europe's top-paid corporate executives, partly reflecting public and investor pressure on remuneration in UK companies. The Financial Times reports.
Drivers who depend on diesel fuel were still paying an average of $3.21 a gallon as of Dec. 29.
Few countries have invested more heavily in Russia than Germany after the Cold War ended. But now the rush is going in reverse. The NYT reports.
Fortune Magazine predicts that 2015 will see email begin to slide into obsolescence.
European new car sales rose 6.2 percent in October from year-ago levels as volume and premium leaders saw stronger demand in key markets.
South Korea is on track to spend more on vehicle imports from Europe this year than it earns from exports the other way for the first time in 24 years.
High underemployment and low labor participation rates point to a skills gap - and for students weighing college, an opportunity.