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

Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the ...

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 ...

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

BERLIN (Reuters) -Porsche CEO Oliver Blume has initiated negotiations on another round of cost-cutting measures to help the ...

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

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

The world's second-largest carmaker slashed its 2025 guidance for revenue, margins, and cash citing Q2 headwinds from U.S.

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

BERLIN (Reuters) -Europe's largest car manufacturer Volkswagen is hoping investment commitments can help it negotiate further ...

Porsche is bracing for more cuts as global sales dip and US tariffs bite. Learn how challenges in China and the EV market are ...