Volkswagen is struggling to compete in China's growing NEV market, with partnerships in place for potential software ...

Volkswagen's Chief Financial Officer Arno Antlitz could significantly reduce the Group's investments. For example, he may ...

CEO Oliver Blume told employees that the company needed to end a three-decade-old job protection pledge that would have ...

German Economy Minister Robert Habeck said that Berlin is looking into ways to support ailing carmaker Volkswagen amid the threat of job cuts. The firm has been grappling with weak electric vehicle ...

German Economy Minister Robert Habeck said today that he wants to help Volkswagen get through this period of cost-cutting ...

That was quick: barely 24 hours after rumours emerged that Nio could take over the Audi factory in Brussels, the Chinese ...

The Tesla Model 3, VW ID7 and BYD Seal are propping up the midsize segment, while big declines for the Tesla Model y and Kia ...

Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a slowdown in car sales caused by a slump in China's economy.

"While some investors had been anticipating a profit warn from Mercedes Benz, we still view this news as a surprise, especially given the magnitude and lack of cautionary commentary ahead of [the] ...

The STOXX 600 Autos and Parts index is among this year's worst performers. Analysts predict a 13.6% earnings drop in 2024, a reversal from the years immediately after the pandemic, when supply chain s ...

A young man has died from his injuries, three days after a two-vehicle collision in Markethill, police have confirmed.