Europe's auto industry is relieved that the EU-US trade deal reduces short-term uncertainty but many, particularly in the struggling German sector ...

The recent trade deal between the EU and the US brings relief and challenges for the EU car industry, grappling with tariffs and potential revenue losses, particularly impacting German automakers like ...

In a letter to workers, its CEO warned that a new package of cost cuts is coming, in addition to the current plans to reduce ...

Volkswagen AG’s Audi lowered its financial outlook for 2025 as President Donald Trump’s tariffs and the costs of ...

Europe's carmakers, already battling stiff competition from Asia and a costly transition to electric cars, were dealing with ...

--Mercedes would also be a benefactor. It exports around 180,000 vehicles to the U.S. while importing around 65,000 into Europe. If a deal to offset imports against exports materializes, Mercedes and ...

The German automaker said U.S. import duties erased about $1.5 billion from its profit in the first half of the year, and it ...

The world's second-largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S.

Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the ...

Tesla's Full Self-Driving system may have more juice in China than expected. Plus: Volkswagen takes a major tariff hit, and ...

BERLIN (Reuters) -Europe's largest car manufacturer Volkswagen is hoping investment commitments can help it negotiate further ...

Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit ...