Latest Cars

Hyundai, Kia unveil share buybacks after anger over property purchase
Latest Cars

Hyundai, Kia unveil share buybacks after anger over property purchase

Hyundai Motor Co (005380.KS) and affiliate Kia Motors (000270.KS) unveiled share buybacks worth a combined 670 billion won ($615 million), in an apparent bid to appease investors angered by the sky-high price paid for property to house new headquarters.

By HYUNJOO JIN

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Volkswagen to recall over 580,000 cars in China: government

Volkswagen to recall over 580,000 cars in China: government

Volkswagen AG told China's quality watchdog that it planned to recall more than 580,000 cars in the country, after the agency launched an investigation in August.

By Samuel Shen and Kazunori Takada; Editing by Ryan Woo

GM's third-quarter global vehicle sales up 2 percent on strong China, U.S. demand

GM's third-quarter global vehicle sales up 2 percent on strong China, U.S. demand

General Motors Co's (GM.N) global sales rose 2 percent in the third quarter, driven by strong demand in the two largest auto markets in the world, China and the United States.

By Ben Klayman in Detroit; Editing by Nick Zieminski

Ford to add 850 jobs at Dearborn factories for new F-150 truck

Ford to add 850 jobs at Dearborn factories for new F-150 truck

Ford Motor Co said on Monday it will add 850 hourly jobs at its Dearborn, Michigan, facilities to support the launch of the redesigned, aluminum-intensive 2015 F-150 pickup truck.

By BEN KLAYMAN

The Big Data bounty: U.S. startups challenge agribusiness giants

The Big Data bounty: U.S. startups challenge agribusiness giants

Chris Gould's combine cab is loaded like the cockpit of a fighter jet he used to fly as he harvests soybeans in northern Illinois, steered by satellites, four video screens glowing with up to minute updates about his crop and the work's progress.

By KARL PLUME

Growth worries grip world's stock, oil markets

Growth worries grip world's stock, oil markets

European stock markets fell for a second day on Wednesday, pushing world share indices back toward their lowest in six months as concern mounts over global economic growth.

By PATRICK GRAHAM

Europe's carmakers walk tightrope between low cost and high spec

Europe's carmakers walk tightrope between low cost and high spec

Carmakers are betting on style and recycling in the battle for Europe's burgeoning small car market, adding hi-tech safety and entertainment features while often using older vehicle underpinnings as a way to keep prices down.

By EDWARD TAYLOR

BMW, Mercedes standardize cars to help buyers and boost margins

BMW, Mercedes standardize cars to help buyers and boost margins

Premium carmakers Mercedes-Benz and BMW are aiming to sell more standardized cars and services to boost profit margins and simplify the complex list of options for buyers -- while also given them the choice of a bespoke car if they want.

By EDWARD TAYLOR AND IRENE PREISINGER