CNBC's Phil LeBeau reports on the record settlement to be paid by Volkswagen to car owners affected by the diesel emissions scandal and how the automaker's future in the U.S. may still be bleak. » Read More
Chattanooga has made a comeback over the last 5 years thanks to investing in high-speed broadband. In the process, it has wooed $4 billion in foreign investment.
The automaker is betting a new, world-class assembly plant in Mexico will position the Japanese automaker for a new wave of growth.
Chinese President Xi Jinping was almost effusive as he welcomed an all-star group of global capitalists in Beijing two weeks ago. The FT reports.
October auto sales for Detroit's automakers rose by double-digits from 2012 but results at Ford and Chrysler missed analysts' expectations.
Take a look at some of Wednesday's midday movers:
President Barack Obama has been bumped off the top spot of Forbes' ranking of the world's most powerful people.
High-flying Conatus Capital has poached talent from other leading investment managers in the last few months, including SAC and GLG.
PSA Peugeot Citroen said its alliance with General Motors may be scaled back, as the troubled French carmaker posted a 3.7 percent quarterly revenue decline.
Optimism over Hyundai Motor's first major makeover of its key models may fizzle as some question whether the redesigns are too conservative.
Infosys posted quarterly profit that missed analyst estimates on a charge related to visa, but raised its fiscal year revenue guidance.
The United Automobile Workers has never tried a unionization drive quite like the one at the Nissan plant here in Canton, Miss.
According to a consumer-brands ranking, autos again heavily influenced the list. See which automakers posted double-digit gains in the annual survey.
GM's CEO, Dan Akerson, told an automotive conference in Detroit that a female executive taking over a Big Three automaker was inevitable.
The more accommodating stance being taken by Iran’s new president, if genuine, could result in lower oil prices by reducing Middle East tensions.
Electric vehicles are a must have segment for automakers looking to compete in the long term, the CEO of Volkswagen's U.S. operations told CNBC on Monday.
Jonathan Browning, Volkswagen of America president and CEO, discusses his company plans to roll out the eGolf in early 2015, and why his company's ad campaign is targeting the 1980's generation.
European shares trimmed losses to close lower on Tuesday, but investors remained cautious about the Federal Reserve's two-day policy meeting.
European car sales fell 4.9 percent last month, the Association of European Carmakers said on Tuesday, as PSA Peugeot Citroen lost more ground to rivals.
European shares closed higher on Tuesday, as the imminent threat of Western military action against Syria receded and fresh Chinese data boosted investor sentiment.
Europe's auto industry may not return to growth until it undergoes heavier restructuring similar to that undertaken in the U.S.