Tesla shares made a handy gain early on Thursday after mixed reports surfaced as to whether German auto manufacturer Volkswagen would be looking to take a stake in Elon Musk’s brainchild.
Despite worries that strong car sales in the United States cannot continue, experts expect that July sales have been strong. Helping to lead the way, once embattled Volkswagen had a good month.
Ford and Volkswagen announced on Friday further investment in a Pittsburgh-based autonomous driving platform firm and a deal that gives Ford the right to build cars for Europe using VW's modular...
American, European, and Asian car makers have produced hundreds of car models since car manufacturing became a big business at the turn of the 19th century. Only 27 models, however, have been in...
Auto sales in the European Union dropped in February for the sixth straight month. Among the EU's large economies, Germany was the volume sales leader and the U.K. was the laggard.
China is the world's largest car market. Sales in the country are essential to the financial strength of some of the world's largest car companies.
Though Ford announced a broad-ranging alliance with Volkswagen, its stock fell despite tremendous press coverage of the deal.
Ford has announced plans to close some European plants and concentrate its business on the continent on commercial vehicles, passenger cars and imports.
Volkswagen may make more vehicles in the United States, Iraq may be the next country to leave OPEC, and more important business headlines.
European auto sales in October recovered somewhat from a massive September decline but still posted a decline. For the year to date, however, sales are up slightly.
The value of the yuan plunges, Walmart to change the way customers pay over the holiday season, and other important business headlines.
Following a month of booming auto sales in the European Union, September sales plunged more than 20% as new emissions and fuel-consumption testing procedures were implemented.
Volkswagen has a new CEO in America, though it doesn't really need one at all. It might as well run the unit out of Germany.
Newsweek's former parent faces fraud allegations, Volkswagen has a new head of its U.S. business, the U.S. Postal Service wants to raise stamp prices, and other important business headlines.
One of the auto industry's giants will soon leave as head of Daimler and as the chief of its Mercedes-Benz division.