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 ...

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

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

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

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

--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 ...

Munich news, health insurance, technology, jobs and other topics for expatriates. The Eye Newspapers covers daily news and offers services for foreigners.

Now, Trump has reached a similar agreement with the European Union. In this latest deal, agreed upon in a meeting between ...

The European Union and the United States reached a new trade agreement on tariffs over the weekend, which is expected to ...

Ferrari’s pricing power, loyalty, and strong financials support long-term growth, though valuation limits near-term upside.

Volkswagen has joined automakers like Stellantis and GM that have witnessed their profits slump owing to the tariffs.