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.» Read More
It's a question I hear from Volkswagen fans all the time. Don't you think VW is ready to come on strong again in the US? My answer, which usually disappoints people, is the usual, "Well, VW is giving it a better shot this time around, but let's see if it can truly come back here in the states."
Even as inflation eats into overall consumer confidence, women in China continue to spend on luxury goods.
Changing tastes and income levels aren’t the only things that are driving Chinese consumers’ spending habits. When selling to them, companies would do well to account for the effect of regulations as well, which is driving some of them upmarket.
Multinational companies in several sectors are warning of supply-chain disruptions, after the earthquake, tsunami and nuclear crisis in Japan, the Financial Times reports.
For those who thought record levels of idle cash were limited to the coffers of corporate America, think again.
As General Motors emerges from bankruptcy, does its reputation remain bankrupt? Five people interviewed by CNBC share their views.
All signs point toward a long-term struggle for most states, as they continue to beat back the effects of the recession. 2011 will bring new challenges, as federal stimulus funds run dry, tax revenues decline, and jobless rates remain high.
European companies that export their goods are sure bets for investing, two fund managers told CNBC Thursday.
Stocks rebounded Wednesday, as a weaker U.S. dollar gave a boost to commodities, sending materials stocks higher.
Stocks opened flat to slightly lower Wednesday as concerns mounted over the global economy and the US dollar continued to assert itself as a popular safety play.
Stock index futures indicated a more even-keeled market Wednesday, though debt concerns regarding Dubai and elsewhere remain prominent in the minds of investors.
Considering the Dow soared by triple digits after GM declared bankruptcy, traders want to know if this is the bottom for the US economy?
Gotham Dream Cars offers a range of products, from exotic rentals and club memberships, to the increasingly popular "Dream Car" tours. Here's how this lucrative, high-end business operates.
When American consumers stop buying, companies around the world suffer — even those that do little business in the United States, the New York Times reported.
Cramer is outraged. This morning, a piece at the Wall Street Journal lauded Cerberus, the private-equity firm that owns Chrysler and even called it a hero. "Excuse me?" questions Cramer querulously. In his mind, Cerberus is hardly a hero and definitely doesn't deserve praise for "risking" its capital in buying Chrysler last year -- especially now that the troubled car manufacturer is seeking government bailout money.
If any ties to the former Nazi Germany are unacceptable, I assume the following organizations are also off the table: Deutsche Bank, IBM, Volkswagon, BMW, Mercedes Benz, Siemens and BASF.
Honda Motor posted a surprise 8 percent increase in quarterly net profit after it raised car prices and cut costs, helping it overcome a stronger yen, crumbling U.S. auto market and higher commodity prices.
This week we could finally hear the location where Volkswagen plans to open a new assembly plant here in North America. Huntsville, Alabama is considered to be the favorite, but the fact is the only location that really matter is North America.
German sports car maker Porsche will not seek to raise its Volkswagen stake to 75 percent, it said on Monday, noting talk of such a move "overlooks the realities in VW's shareholder structure".
Volkswagen aims to more than triple annual car sales in the United States to more than 1 million a year by 2018, according to the Wall Street Journal on Monday, citing VW's top U.S. executive.