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[WASHINGTON] Tesla will begin producing the "lower cost" Model 3 in two years, Elon Musk, the founder of the luxury electric carmaker said Wednesday...

SLUMPING oil prices are spurring 6,400-kilometre diversions of tankers filled with diesel and jet fuel as the price of ship fuel plunges, opening up trading opportunities.

UBER drivers are entitled to class action status in litigation over whether they are independent contractors or employees, a key development in a case threatening Uber's business model and that...

GOOGLE, a leader in efforts to create driverless cars, has run into an odd safety conundrum: humans.

US AUTO sales rose at a solid pace in August, boosted by continued robust demand for sport utility vehicles and pickups amid low gasoline prices and an improving jobs market.

[WASHINGTON] German carmakers BMW , Audi and Mercedes have won US antitrust approval to buy Nokia's maps business for around 2.5 billion euros (US$2.8 billion), the Federal Trade Commission said...

[FRANKFURT] Pilots union Vereinigung Cockpit (VC) threatened renewed strike action at Lufthansa, saying the German flag carrier had rejected its offer of concessions in a long-running dispute that...

[FRANKFURT] Volkswagen said the Executive Committee on the supervisory board had proposed extending Chief Executive Martin Winterkorn's contract until 2018, throwing its support behind the...

[LAGOS] Uber Technologies is negotiating cheaper deals for new vehicles with Kia Motors Corp. to boost its number of drivers fivefold in the Nigerian city of Lagos, Africa's biggest, to 3,000 by...