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.

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

Volkswagen just confirmed what many in the industry suspected it’s been hit hard by the U.S. trade war. The company took a €1 ...

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

Volkswagen is reportedly considering a “major capital increase” for its ADMT/Moia unit, which runs the robotaxi programme – ...

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

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

Porsche's operating profit from its core car business — excluding financial services — collapsed to just €154 million ($180 ...

German auto giant Volkswagen is feeling the effects of President Trump's tariff policy. An EU-US trade deal can't come soon ...

Europe's largest car manufacturer Volkswagen is hoping investment commitments can help it negotiate further concessions on ...