News

The car industry in the EU on Monday viewed the trade deal struck with the United States as a de-escalation -- but one that ...
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 auto industry is relieved that the EU-US trade deal reduces short-term uncertainty but many, particularly in the ...
--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 ...
BERLIN (Reuters) -Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year ...
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 ...
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 ...
For the first time, Volkswagen has put a number on how much of a hit it is taking due to tariffs: $1.5 billion in the first half of 2025. The world's second-largest carmaker only has one relatively ...
Europe's largest car manufacturer Volkswagen is hoping investment commitments can help it negotiate further concessions on ...
CEO Oliver Blume on Friday reportedly expressed hope that the automaker’s “attractive” investments in the U.S. would help the ...