A U.S. judge on Tuesday approved the settlement between the Securities and Exchange Commission, Tesla Inc and its Chief Executive Officer Elon Musk.

Volkswagen will overhaul its dealership and sales organisation by April 2020 to enable online sales and over-the-air software updates for its new electric cars, the German automaker said on Tuesday.

Uber Technologies Inc could be valued at $120 billion when it finally goes public next year according to recent proposals made by U.S. banks, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

Tesla Inc Chief Executive Officer Elon Musk said a new chip that improves autopilot features would be available in about six months in all of the company's new production electric cars.

China is likely to strengthen state control over the economy in the coming years despite tentative signs of an opening, Germany's VDMA mechanical engineering association said on Tuesday.

German luxury carmakers Daimler and BMW have offered concessions to address EU antitrust concerns about their plan to combine their car-sharing businesses, the European Commission said on Tuesday.

U.S. carmaker Ford Motor Co unveiled a new China sport utility vehicle (SUV) on Tuesday, and said its plan to release a spate of new models will help turn around tumbling sales in the world's top auto market from the start of next year.

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Mexican conglomerate Alfa on Monday reported a third-quarter net profit compared to a loss in the year-earlier quarter, helped by stronger margins in its Alpek petrochemicals unit.

Mexican conglomerate Alfa reported a third-quarter net profit on Monday compared to a loss in the year-earlier quarter.