Harvard economist weighs in on new inflation data

Inflation continued to soar in February, with a key measure hitting a 40-year high, according to federal data released Thursday. Driven by higher energy costs, gasoline in particular, the Consumer Price Index rose 7.9 percent, ...

Diesel fallout and trade headwinds sap Daimler in 2018

German car giant and Mercedes-Benz parent Daimler reported Wednesday that costly investments, fallout from the industry's diesel scandal and trade headwinds compressed its bottom line in 2018.

BMW races into 2018 with sales, profits record

German high-end carmaker BMW said Friday it booked a strong first three months with record first-quarter shipments and profits, confirming its targets for the full year.

Volkswagen clinches record sales in 2017

German carmaker Volkswagen said Wednesday it sold a record number of vehicles in 2017, putting it on track to hold on to the title of world's largest carmaker two years after its "dieselgate" emissions scandal.

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