Angelo Young

GM is setting up a Chinese factory to make Cadillacs for locals - with the goal of snatching market share from the Germans.

The Beijing-based company will be the country’s largest platform in a crowded market for online videos.

The latest sales figures for Mercedes-Benz suggest Europe's luxury car market is doing pretty well.

German and France finance chiefs will meet Tuesday, on the heels of France hailing the EC's decision to extend budget-cutting deadline.

Automaker insists that U.S. taxpayer support is not funding its expansion overseas.

China's version of Amazon.com would really like to avoid what happened to Facebook last year.

German automaker BMW is studying Chinese consumers to get a grasp of what makes them distinct.

Symantec has identified a new batch of phishing scams targeting soccer fans.

China's consumer watchdog agency says some of the imported Jeeps can stall at high temperatures, altitudes or fuel vapor pressure.

Some of the latest accusations include overcharging for electricity contracts and using faulty documents to go after debt defaulters.

The massive e-commerce portal out of Hangzhou, China, has reportedly caught the attention of some big, global lenders.

UPDATE: Nine auto makers report combined U.S. sales of 1,146,449 vehicles in April; four reported double-digit sales increases; two declines.

Ford struck the proverbial gold with its two latest popular models, which saw sales climb 24 percent. Buyers are spending more, too.

The Auburn Hills, Mich.-based automaker says it had its best April since 2007 - another sign of the U.S. auto industry's health.

Detroit auto giant GM is expected to report lower first-quarter profits, but analysts expect improved performance overall this year.

Shanshan Du and Yu Qin head to court Tuesday to see how long they will serve for stealing GM's hybrid car technology.

The electronics retailer is ditching Europe just as the partnership with Carphone Warehouse seemed to be gaining momentum.

The euro zone jobless rate grew to 12.1 percent in March. Youth unemployment, especially in the south, rose to an appalling level.

The Plano, Texas-based department store chain says the deal gives it the financial strength to continue its reinvention efforts.

Sanctions have cut oil exports by 27 percent, as multinationals back off projects and insurance is used to dissuade refiners.

The International Monetary Fund warned that Asian policymakers should monitor growing financial imbalances fueled by cheap credit.

Americans are expected to keep annualized auto sales above 15 million, thanks to sweet interest rates and high trade-in values.

The Stockholm-based discount fashion seller has done pretty well in Europe, but it wants a bigger global footprint.

By exempting the FAA from federal workers' furloughs, U.S. passengers will be spared additional airport delays.

Japanese carriers, which have nearly half of all Boeing 787s in service, say they could return the Dreamliner to service in June.

The Chinese Academy of Social Sciences says that a policy charging a 20% tax on capital gains is causing higher home prices.

Verizon Communications has reportedly hired advisers to prepare a $100 billion cash-and-stock bid to Vodafone for Verizon Wireless.

Spain's unemployment rate is already higher than what the IMF said it would peak at in 2013.

Yahoo Japan Corp. pitches in SoftBank Capital's efforts to expand venture capital efforts that attract U.S. investment.