A judge granted preliminary approval for a settlement in which Volkswagen offers to buy back polluting diesel-powered vehicles. » Read More
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.
Hans Dieter Poetsch, CFO of Volkswagen, tells CNBC that the European car industry did not get restructured and still has overcapacity pushing on the prices.
Brands as diverse as BMW, Volkswagen and Porsche are introducing hybrids, plug-ins and battery electric vehicles at the Frankfurt Motor Show.
Global auto profits will grow by 50 percent by 2020, with more than half of that coming from China, according to a new report.
European shares closed down in choppy trade on Tuesday, while shares in mobile device maker Nokia surged 34 percent.
Mercedes-Benz will launch about 20 new or upgraded models in China, part of a broader effort aimed at reversing the brand's struggles in the world's biggest auto market.
The surge reflects new technology that not only maintains an estimated 30 percent mileage advantage over gasoline engines but also resolves traditional concerns.
A Chinese automotive association is collecting data on the price of all foreign cars sold in the country for a government agency that has fined companies for price-fixing in sectors ranging from milk powder to jewelry.
TV's top car geeks pick their favorite convertible designs of all-time.
The auto industry continued its poor performance in an influential US safety group's new crash test as half of the small cars tested did not fare well.
Toyota Motor's slower-than-expected growth in Southeast Asia is becoming a headache as the world's best-selling carmaker closes on its six-year-old profit record.
Volkswagen's Bugatti Veyron Grand Sport Vitesse certainly has its share to boast about. It is the world's fastest production roadster—and the most expensive.
CNBC's Robert Frank test drives the Bugatti Veyron 16.4 Grand Sport Vitesse, which happens to be the fastest production roadster on the planet. And one of the most expensive.
General Motors' says its July U.S. sales rose 16 percent on big gains in full-size pickup trucks, selling just over 234,000 vehicles, but short of the 19 percent gain forecast.