Chinese carmaker Geely is scouting locations for a plant in Europe but has not committed fully to building up local production, executives from the car
September 11, 2024
Chinese-Swedish EV brand Lynk & Co, which will launch its first China-made battery-electric car in Europe next month, said it did not intend to pass on the
September 11, 2024
Volkswagen said on Tuesday it was scrapping a range of labour agreements including a guarantee of jobs until 2029 at six German plants, raising the prospect
September 10, 2024
Nearly 900 Chinese auto suppliers and a handful of electric vehicle makers are taking part in a trade fair in Frankfurt as the country's car sector defies
September 10, 2024
Germany's biggest union pledged to leave no idea unexplored, including a move to a four-day week, to counter Volkswagen management's threat of closing domestic
September 05, 2024
Volkswagen has "one, maybe two" years to turn its main car brand around, its finance chief said on Wednesday, as the auto giant
September 04, 2024
Volkswagen will need to make "significant cost-cutting efforts" in the second half of the year and beyond if it is to revive profit margins, the automaker said
August 01, 2024
Porsche said on Wednesday it was fighting to restore production volumes and re-prioritise spending towards a more flexible product line-up after months of
July 24, 2024
Porsche AG cut its sales and profit outlook on Tuesday due to an unexpected aluminium alloy supply shortage, sending the German company's shares down 4% to the bottom
July 22, 2024
Volkswagen shares slipped on Wednesday after an overnight profit warning triggered in part by the possible closure of an Audi plant and a 3.8% drop in second
July 10, 2024
Mercedes-Benz will wait to see if EV demand picks up before adding more battery cell capacity, with lower projected EV sales meaning it will no longer need
July 08, 2024
Volkswagen shares fell 2% on Wednesday as investors worried about the cost and uncertainties of a joint venture with U.S. electric-vehicle maker
June 26, 2024
Tesla will suspend most car production at its factory near Berlin from Jan. 29 to Feb. 11, the company said late on Thursday, citing a lack of components owing
January 11, 2024
Tesla workers at the carmaker's Brandenburg plant are joining the IG Metall union in rising numbers over concerns around health, safety and
April 26, 2024
A number of European states, "concerned" Arab countries and the United States are working on a concept for a unified Palestinian government that
January 16, 2024
China needs to be involved in talks to end the war with Russia, Ukraine's top representative said after a high-level diplomatic meeting ahead of
January 14, 2024
Risk specialists see extreme weather and misinformation as most likely to trigger a global crisis in the next couple of years, a World Economic Forum (WEF) survey
January 10, 2024
So, the Fed cut rates? It’s still not the best time to buy a house
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