Volkswagen CEO steps down; US may slap $18B penalty

Volkswagen's manipulation in emission norms is rocking Germany following the latest resignation of CEO Martin Winterkorn. Analysts forecast that the recent developments at Volkswagen will have an impact on business and politics in Europe's largest economy.

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BMW invests millions in a startup that parks your car

BMW, the German automaker is investing millions in a new parking startup based in San Francisco. BMW through its investment unit, BMW i Ventures is investing an undisclosed amount in an on-demand parking company called ZIRX. The news was confirmed by ZIRX CEO and co-founder himself, Sean Behr.

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XYZ to host Google's Alphabet, Inc. but owner says the domain is not for sale

After Google announced that they are using .xyz as the Alphabet Inc.'s domain, Daniel Negari, the 29-year-old owner of .xyz told the reports that the domain is not for sale.

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BMW CEO hints there is space for more electric models

The chief executive of BMW hinted in a German paper that there was potential for another of its "i" electric car models.

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BMW's i3 technology to support Apple's iCar?

Tim Cook, Apple's CEO was spotted visiting the BMW's production area in Leipzig, Germany. There are rumors that Apple is planning to develop its own car based on BMW's i3 technology given that Apple is working out on Project Titan.

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German car manufacturers to buy Nokia HERE to create superior self-driving vehicles

German auto makers consortium composed of Audi, BMW, and Daimler, parent company of Mercedes-Benz, is reportedly in the final stages of discussion to acquire Nokia HERE, the mobile company's map app, for roughly €2.5 billion or $2.7 billion.

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BMW ushers in Future eDrive Experience with Hydrogen-Powered 5 Series GT

BMW seem to be emerging as a leader in tackling the challenges of meeting the ever-increasing demands for alternative auto fuel sources. The German automobile giant at the recently held Innovation Days 2015 in France unveiled its all new and enhanced BMW Hydrogen-Powered 5 Series GT which was co-developed with Toyota.

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Germany's BMW among suitors for $6.4 billion ANZ car finance unit -source

Germany's BMW AG (BMWG.DE), Australia's Macquarie Group (MQG.AX) and a host of U.S. private equity firms are expected to bid for Australia and New Zealand Banking Group's (ANZ.AX) more than $6 billion car and equipment loan book, a source said on Monday.

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BMW's new 7 Series is the luxury car of the future, here today

German automaker BMW on Wednesday unveiled its latest version of its BMW 7 Series at its global headquarters in Munich. The BMW 7 Series is top of the line luxury sedan and is a status symbol, especially in European countries.

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China to extend 'parallel import' car scheme to Tianjin

A trial program allowing unauthorized dealers to sell imported cars will be extended to the northern city of Tianjin, China's state media said on Sunday, as the government moves to rein in high-end car prices.

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BMW one big, happy family as squabbles damage rival Volkswagen

The normally secretive family that owns BMW (BMWG.DE) broke silence on Wednesday to laud the company's seamless management transition as rival German carmaker Volkswagen (VOWG_p.DE) inspects the damage from a bitter leadership crisis.

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ISS recommends BMW shareholders vote against Reithofer appointment: FAS

Advisory firm ISS has recommended that BMW (BMWG.DE) shareholders should vote against the appointment of outgoing chief executive Norbert Reithofer as chairman of the carmaker's supervisory board, newspaper Frankfurter Allgemeine Sonntagszeitung reported.

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BMW recalls 91,800 Mini Coopers to fix air-bag sensor

BMW (BMWG.DE) is recalling 91,800 Mini Coopers in the United States to replace a defective sensor that may prevent the front passenger seat air bag from deploying in a crash, the German automaker said on Saturday.

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Ford revives the Lincoln Continental, aims at U.S. and China

Ford Motor Co (F.N) will resurrect the Lincoln Continental as its top-of-the line luxury sedan, betting the classic name will help rebuild the brand's image in the United States and China.

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Apple lets companies fine-tune apps before watch debut: Bloomberg

Apple Inc (AAPL.O) has allowed some companies to test their apps on its yet-to-be-launched Apple Watch and adjust the tools to the watch's design, Bloomberg reported.

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