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

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

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.

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 ...

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

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 ...

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

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

According to a media report, Germany's troubled carmaker Volkswagen could cut tens of thousands of jobs as part of savings ...

For the first time ever, Volkswagen intends shuttering factories across Germany and tearing up labor contracts with its ...