Bloomberg Porsche AG, its name synonymous with sports cars, is gaining traction in the shift to electric autos. The Volkswagen AG unit said 60 percent of buyers of its revamped Panamera four-door coupe opted for the partly battery-powered version from its sales start in June through October. The brand is now rolling out the vehicle in China and the US, ...

Bloomberg Self-driving vehicles will be ready to roll next year, though the work to make them affordable to individual consumers is still “in the first inning,” according to the CEO of a company working on the technology. Initial autonomous auto customers will be businesses deploying delivery vehicles and robot taxis, said Kevin Clark, the chief executive officer of Delphi Automotive ...

Bloomberg Banks emerged relatively unscathed from global regulators’ final batch of post-crisis capital rules, with few lenders needing to raise major new funds. The Basel Committee on Banking Supervision on December 7 issued new rules on how banks estimate the risk of mortgages, loans and other assets. The compromise, reached after fierce lobbying by the industry, will cause “no significant ...