Company: Volkswagen AG

A record-breaking pay deal will give millions of German workers their biggest rise in wages in two decades, boost consumption in Europe's biggest economy and help towards adjusting the regional imbalances that have caused severe tensions within the euro zone, analysts said on Sunday.

The mean amount of time U.S. workers spend commuting is 23.8 minutes, or almost four hours a week, so their cars had better be comfortable, reliable and nimble. Kelley Blue Book has provided CNBC.com with its list of 10 cars that are the best for commuting.

Surging Chinese demand for sporty sedans and SUVs like the BMW 7 Series and Porsche Cayenne helped propel the two German luxury carmakers to record first-quarter profits, underscoring their growing dependence on Asian customers.

Audi is buying Italian motorcycle maker Ducati, adding a 12th brand to the German auto maker's portfolio of passenger cars, trucks and ultra-luxury vehicles.

Not all car redesigns win accolades. Some garner outright hostility for their "improvements." What follows is a list of redesigned cars that not only didn’t improve on the existing models, but may have made buyers wish they could have the old models back.

One of the major international auto shows, the  Geneva Motor Show saw launches from some of Europe’s biggest car makers, including Bentley, Lamborghini, Aston Martin and BMW.

U.S. auto sales rose nearly 16 percent in February and the annual sales rate leapt to its best level in four years, helped by a surprising sales gain by General Motors and strong results from Chrysler and Ford Motor.

CNBC.com presents a list of current race car drivers who compete in Nascar and Formula One events, and the cars they drive when they’re off duty and in no hurry to get anywhere at any particular time. Click ahead to see who they are and what they drive.

Volkswagen and PSA Peugeot Citroën are looking at tapping a European Central Bank loan program designed to aid euro zone banks in a move that could help ease funding costs for the region’s carmakers, the Financial Times reports.

Lamborghini, the maker of low-slung supercars once advertised as "closer to the road," is planning a new model that will be further from the tarmac than ever: an SUV.

General Motors scored with an Armageddon-proof Chevy truck while a Clint Eastwood pep talk for America won notice for rival Chrysler during the high-stakes brand battle at Sunday's Super Bowl.

Manufacturers are introducing and developing new fuel-stretching components across all new vehicle lines, including gas-guzzling light trucks and SUVs.

The working day is over and the Christmas holiday has officially begun, but the blinking red light or vibration of a BlackBerry is still maddeningly hard to ignore. The FT reports

The Volkswagen Golf and Fiat Panda are, together, older than the European Union, but the euro's unravelling could mean serious headaches for one and potential blessings for the other.