Now playing Next Business Series Toyota in optimistic mood over China and US Toyota has raised its net profit forecast for the current business year thanks to increased production efficiencies in its Chinese operations and improved sales in North America. 05/02/2016
Now playing Next France Ferrari speed machine set to become the most expensive car ever A 1957 Ferrari 335 S Spider could well become the most expensive car ever when it goes up for auction in Paris. 05/02/2016
Now playing Next Business Series China boosts 2015 sales for Daimler, slower growth expected this year Daimler expects slower sales growth for its Mercedes cars in China this year after a 2015 surge in demand that helped the German carmaker post record sales and earnings. 04/02/2016
Now playing Next Business Series Late to the party but confident, Renault opens its first China assembly plant Renault says it still sees plenty of growth in Chinese vehicle demand as it opened its first assembly plant in the world's biggest car market, a joint venture with China's Dongfeng. 01/02/2016
Now playing Next Business Series Cost finally takes the Land Rover Defender off the road The last classic Land Rover Defender has rolled off the production line at the Solihull factory in central England, nearly 70 years after it debuted. 29/01/2016
Now playing Next Europe News EU seeks greater powers to police car industry after VW row EU regulators want more powers to fine carmakers for faulty vehicles after the Volkswagen scandal. They want to be able to fine companies 30,000 27/01/2016
Now playing Next Business Series Toyota still king of the road Toyota remains the world's top carmaker for the fourth year running, ahead of scandal-plagued Volkswagen and General Motors. 27/01/2016
Now playing Next Business Series Renault recalls thousands of vehicles for emissions modifications French carmaker Renault is to recall more than 15,000 vehicles to undergo engine modifications to comply with emission standards. 19/01/2016
Now playing Next Economy Volkswagen unveils Budd-e at Las Vegas CES show Volkswagen’s Budd-e had its world premier in Las Vegas at the Consumer Electronics Show one of two Volkswagen concept electric cars which were 06/01/2016
Now playing Next Business Series Pioneering electric car maker, Tesla hit production targets Tesla will be keeping the revs up in 2016. The pioneering electric car maker said it met forecasts for delivery in the fourth quarter of 2015 making 04/01/2016
Now playing Next Economy Volkswagen 'agrees loan' to cover emissions scandal costs Volkswagen is said to have agreed the terms of a 20 billion euro bridging loan with banks to help shoulder the costs of its emissions scandal 02/12/2015
Now playing Next Business Series Volkswagen to cut capital spending and focus on future technologies Volkswagen says it is to reduce capital spending to no more than 12 billion euros next year as it struggles with the enormous cost of its emissions 20/11/2015
Now playing Next Economy Weak demand and 'headwinds' bring another Rolls-Royce profit warning The aerospace group Rolls-Royce has issued its fourth profit warning in just over a year, saying it may cut its dividend due to weaker demand for 12/11/2015
Now playing Next Economy France 'ready to cut stake in Renault' says economy minister The French Economy Minister has said the state is ready to reduce its stake in Renault once taxpayers’ interests are preserved. Emmanuel Macron added 10/11/2015
Now playing Next Economy Volkswagen shares fall over 'false' CO2 and fuel readings Another three billion euros have been wiped off Volkswagen’s market value after the company admitted the fuel consumption and CO2 emissions of some 04/11/2015
Now playing Next Germany More VWs recalled as emission doubts creep towards Audi and Porsche More bad news at Volkswagen/Audi/Porsche, where 800,000 new cars are now deemed worth a recall because of failing to hit CO2 limits. It is another 03/11/2015
Now playing Next Economy Volkswagen puts brave face on crash into the red Volkswagen plunged into the red in the third quarter, the first such loss for 15 years. The reason is the 6.7 billion euros set aside to deal with 28/10/2015
Now playing Next Germany VW posts huge operating loss: 3.48 billion euros Car maker Volkswagen has posted a third-quarter operating loss of 3.48 billion euros. It is the German group’s first quarter loss in more than 15 28/10/2015
Now playing Next Business Line Business Line: how can banks and carmakers regain customers' trust? Several years after the global financial crisis Europe’s banks are still trying to get back on track. Struggling to revive their fortunes and 21/10/2015
Now playing Next Economy Toyota recalls 6.5 million cars over faulty window switch Toyota says it is recalling six and a half million vehicles worldwide to check a window power switch in some models. A defect has been found which 21/10/2015