Volkswagen surpassed Toyota Motor Corp to become the biggest car maker by deliveries in the first half, putting the company on track to capture the worldwide sales crown three years ahead of its target.
Not exactly, anyway. The nation's largest automaker still is bullish on the U.S. and other “mature” markets, but the company is announcing today it will invest $5 billion to develop a new, wide-ranging vehicle architecture to enhance the ...
MARKETS AT A GLANCE. (Data as of approximately 5 p.m. ET). LAST, CHANGE, % CHG. DJIA, 17440.6, -127.94, -0.73%. Nasdaq, 5039.78, -48.85, -0.96%.
LONDON— BP BP -1.42 % PLC on Tuesday swung to a loss in the second quarter, as earnings were hit by lower oil prices and a multibillion-dollar charge relating to the deal it reached earlier this month to settle U.S.
Engineering turnaround specialist Melrose Industries Plc (MRON.L) said it would sell its Elster business to Honeywell International Inc (HON.