German premium automaker Mercedes-Benz warned Wednesday that a drawn-out conflict in the Middle East could cause shortages of key inputs as it reported tumbling quarterly profits due to fierce Chinese competition.
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In a sprawling office in Hefei, the eastern Chinese electric vehicle hub, hundreds of employees and several robotic arms sat refining software developed jointly by German behemoth Volkswagen and Chinese EV maker XPeng.
A two-vehicle crash in Marengo County took the lives of two Alabamians on Friday.
Volkswagen says profits have already taken a hit from US tariffs on cars
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…
Volkswagen is navigating a tricky transition to electric vehicles and a slowdown in China