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Sportschosun on MSNVolkswagen Group's operating profit plunged 33% in the first half of 2025Volkswagen Group, the world's second-largest automotive group, performed poorly in the first half of 2025. Sales increased ...
FRANKFURT, Germany - The car industry in the EU on Monday viewed the trade deal struck with the United States as a ...
The struggling sector remains concerned over long-term impact as 15% tariff far exceeds previous baseline rate of 2.5%.
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 ...
In what was considered a significant win for Japanese automakers a few days ago, President Trump’s trade deal with the ...
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.
German auto giant Volkswagen is feeling the effects of President Trump's tariff policy. An EU-US trade deal can't come soon ...
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