Bonds of the French automotive group Renault slipped by 22% in the course of trading on the Paris stock exchange, which was the largest collapse of the company’s securities since 1999. Producer associated the collapse with a message about the visit of experts of the Anti-Fraud Department of the...

With few signs of improving demand in a fragile global economy and on apprehensions of Iran unleashing its oil on an oversupplied market, oil prices steadied on Thursday, but remained near 12-year lows.   By mid day trading in the US, Brent crude, the global benchmark, traded at $30.53 a...

Up till now the car market has operated on the principle that bigger is better. However the rapidly evolving technology is upending the traditional pecking order in the luxury car market.   At present a host of car makers are quietly changing the rules.   There will be better computer...

Following an unexpected draw in weekly U.S. crude oil inventories and positive Chinese trade data gave investors reasons to buy crude futures, oil prices saw a rise for the first time in eight sessions on Wednesday.   At $31.76 a barrel, Brent crude, the global benchmark, was up 90 cents,...

In a step that sent its shares up 4.6 percent in premarket trading, General Motors Co said on Wednesday it will return more cash to shareholders by raising its stock buyback program by 80 percent to $9 billion and increasing its dividend.   From a previous 2016 outlook made in October, GM...

Today, the European manufacturer Airbus aired number of aircraft ordered and delivered during the last year. It looks like Airbus significantly beats its rival Boeing in number of orders - 1036 against 768. Number of aircraft orders in both manufacturers decreased in comparison with the record year...

Hit by continuing oversupply, the strong dollar and weak global demand, oil prices have been volatile again.   In order to discuss reducing output, some members of the Opec group of oil producers are calling for an emergency meeting.   An extraordinary meeting could be held in "early...

While predicting that vehicles that could not drive themselves would become a "strange anachronism" before too long, Tesla's owner, Elon Musk, has said it is an "open secret" that Apple is making a rival electric car.   This was said by the tech entrepreneur during an interview with the BBC...

With the US federal fuel -economy standards looming in 2017, car companies are hustling to bring out hybrid and electric models to help them meet the new rules. This despite the fact that American consumers were taking advantage of low gas prices to buy trucks and sport utility vehicles in large...