Volkswagen is facing significant challenges... With reports indicating the potential loss of up to 30,000 jobs as the automaker struggles to adapt to a slowing car market and the shift to electric ...

A consumer slump in China, coupled with the market’s rapid shift toward EVs, has turned the former stronghold for Volkswagen ...

Volkswagen's troubles seem to worsen as the German carmaker considers closing car plants in Europe, China, and the US, with ...

Negotiations over a first contract with Volkswagen will be different from the usual talks with the Detroit 3, but the union ...

Robert Habeck said that while automakers must take some of the blame for their current woes, he feels “an obligation to do ...

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

Volkswagen faces financial challenges amidst market share loss, high costs, and supply chain disruptions. Learn why VWAGY ...

The STOXX 600 Autos and Parts index is among this year's worst performers. Analysts predict a 13.6% earnings drop in 2024, a ...

Daimler Truck brought the more ambitious of the deals, with a 3.5 and six year trade first marketed at €1bn, then bumped up ...

“After extensive review, in response to the stop-sale of the ID.4, we will temporarily suspend production of the vehicle at ...

EV deliveries in the region’s biggest car market, Germany, fell 69% during August, fueling a 36% drop across the region.