Electric car maker Tesla posts first profit

Tesla Motors said Wednesday it posted its first-ever quarterly profit as the electric carmaker beat its own forecasts and surprised market analysts.

Spyker sues GM over failed Saab takeover

(AP) — Spyker Cars NV, the tiny Dutch company that bought Swedish carmaker Saab from General Motors Co. for $74 million in 2010, said Monday it is suing GM for $3 billion in damages.

Foreign carmakers 'pressed' to launch China brands

Foreign carmakers in China say Beijing is pressuring them to produce dedicated new brands so their local partners can gain technical know-how, but experts warn the strategy could backfire.

VW gives employees break from their Blackberry

Are you fed up with your Blackberry because it effectively puts you on call for your employer 24/7? Are you a slave to its blinking red light and the vibrating alarm that tells you you have a new email?

Diesel cars gain traction slowly in US market

After many fits and starts, diesel cars are gaining traction in the US market, fueled largely by German carmakers including Volkswagen, which opened a plant in May in Tennessee.

European car sales begin 2019 in reverse

European car sales fell by 4.6 percent in January from the same month last year, an industry body said Friday, in another worrying sign of economic slowdown.

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