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

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

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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 ...

Six months after Donald Trump introduced the first US tariffs, companies have started to feel the effects of a shock whose ...

Investing.com -- Audi lowered its full-year outlook on Monday, pointing to rising U.S. import tariffs and costs tied to its ongoing restructuring efforts. The Volkswagen-owned premium brand now ...

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

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.

The German automaker said it expects challenges due to political uncertainty, expanding trade restrictions and geopolitical ...