Volkswagen says profits have already taken a hit from US tariffs on cars
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German auto giant Volkswagen said Wednesday that tariffs on car imports into the United States ordered by President Donald Trump had dragged d…
Volkswagen is battling high labour costs and fierce competition in key market China
The dour mood at Germany's crisis-hit auto giant Volkswagen has given way to angst and fury as US President Donald Trump has escalated a trade…
Audi is the latest German automaker to face turbulence
Premium carmaker Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing "immense challenges" as the country's auto industry battle…
Northvolt's factory in northern Sweden has performed well under its production capacity
Swedish electric car battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to European efforts to challenge Asia's domina…
Volkswagen has struggled with the shift to electric vehicles
VW's CEO Oliver Blume is trying to overhaul the manufacturer