Having downgraded its outlook for profits in July, it did so for a second time, sending shares down 6.8 per cent in Frankfurt ...
Volkswagen's troubles seem to worsen as the German carmaker considers closing car plants in Europe, China, and the US, with ...
Volkswagen AG has begun trimming corporate jobs in China as part of its goal to reduce overhead by 20% globally over the next ...
Volkswagen AG has begun to trim corporate jobs in China as it works to reduce overhead by a target of 20% globally over the ...
Volkswagen faces calls to withdraw from Xinjiang, China, from dozens of international lawmakers as the carmaker's audit of ...
Europe’s biggest automaker, Volkswagen (OTC: VWAGY) is considering plant closures for the first time in its 87-year-old ...
Germany’s electric-vehicle market plunged last month, leading a broader decline in Europe that’s left carmakers calling on ...
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the ...
Chinese EVs are already subject to a 10 per cent tariff, but EU member states will vote soon on whether to approve the additional tariffs, which range up to 35.3 per cent, for five years. The US has ...
Mercedes-Benz Group cut its full-year guidance, citing a deteriorating economic backdrop and weakness in China, and became the latest carmaker to turn more cautious about its outlook.
Nio, one of Tesla’s Chinese rivals in the EV market, is slashing the price of its new Onvo-branded SUV, the L60.
Volkswagen said earlier this month it needed significant restructuring to stay competitive, and was considering shutting ...