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 ...

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

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

The car industry in the EU on Monday viewed the trade deal struck with the United States as a de-escalation -- but one that ...

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

Porsche CEO Oliver Blume has admitted that the company's current business model is no longer viable in the current climate.

Losses extended yesterday across European stock exchanges, particularly affecting automotive and major beverage exporters. The fine print of the agreement is yet to be revealed. 24 hours after the US ...

Volkswagen Group, the world's second-largest automotive group, performed poorly in the first half of 2025. Sales increased ...

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