Finance

VW Profits Rebound

Volkswagen AG reversed a net loss of €1.6 billion in 2015 with a profit of €5.1 billion ($5.4 billion) last year.

Finance

VW Caps Executive Compensation

Volkswagen AG says it will limit the future annual compensation for its CEO at €10 million ($10.6 million) and other top executives at €5.5 million ($5.8 million).

Tech

Cadillac Cues Up Next-Gen Infotainment Interface

General Motors Co. is introducing a new user interface for infotainment systems in future Cadillac models that it describes as more intuitive, personalized and easier to use, and with increased functionality.

Tech

“Smart Parking” Market Could Jump 150% by 2021

The global market for “smart parking” technologies and services is expected to grow at an annual rate of nearly 18% to reach $5.25 billion by 2021 from more than $2.1 billion in 2015, according to MarketsandMarkets.