Bloomberg Volkswagen AG told its dealers that the automaker is still committed to a mass-market strategy in the U.S. and has doubled production of an all-wheel-drive station wagon to challenge the Japanese automaker Subaru beginning the fourth quarter of 2016. Herbert Diess, global head of the Volkswagen brand, and Hinrich Woebcken, interim chief executive of the company’s U.S. sales unit, ...

Bloomberg Argentina raised prices for natural gas that should save the government $4 billion a year as part of its drive to cut subsidies that were the main cause of the largest fiscal deficit in almost two decades last year. Government-controlled gas prices for residents, businesses, transport and power plants were raised, according to a resolution published in the Official ...

AFP The latest data on Brazil’s industrial production showed deepening recession in Latin America’s biggest economy, though its trade surplus grew and the currency is rising on prospects of a new government. Industrial output shrank nine percent over the 12 months leading up to February, government statistics showed, with the car-making, machinery and electronic sectors hit the hardest. The slide ...