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GM's Cadillac sees double digit sales growth in China this year
BEIJING Cadillac, General Motors Co's (GM.N) luxury brand, is predicting a double digit growth rate in China sales this year, the brand's country chief Andreas Schaaf told Reuters on Tuesday.The brand - which opened its first dedicated factory in China last year, helping boost Cadillac sales in the country by
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VW no longer expects tax demands in Germany related to diesel scandal
FRANKFURT Volkswagen does not expect the German government to make tax demands to cover revenue losses related to the carmaker's diesel scandal, a company spokesman said on Saturday. In Germany, motor vehicle taxes are tied to the volume of carbon
U.S. Justice Dept. orders whistleblower to testify in Wells Fargo probe
The U.S. Department of Justice has subpoenaed a high-profile whistleblower in its criminal investigation into Wells Fargo & Co's (WFC.N) opening of accounts without customer permission.U.S. prosecutors in San Francisco have asked Wells Fargo banker Yesenia Guitron, who lost a
Dow holds above 20,000 as investors focus on earnings
The Dow Jones Industrial Average stayed firmly above 20,000 on Thursday, after breaching the milestone a day earlier, while losses in tech stocks weighed on the S&P 500 and the Nasdaq Composite indexes.The S&P technology index's .SPLRCT 0.47 fall led