VW seeks to maintain 15% share in China as domestic rivals gain strength

VW seeks to maintain 15% share in China as domestic rivals gain strength

VW is betting on investments in a new Chinese research hub, and partnerships with Chinese...

VW aims to maintain 15% share in China as domestic rivals gain turf

VW is betting on investments in a new Chinese research hub, and partnerships with Chinese...

Judge deals blow to Stellantis in supplier pricing dispute that threatens production

The order filed Tuesday means that the parent company of Jeep and Ram brands must...

Ford says it is ready for EV slowdown as it boosts electric van output in Turkey

Ford’s joint venture in Turkey – Ford Otosan – has started production of the electric...

Opel’s new flagship Grandland SUV offers more space, EV option

Opel says the second-generation Grandland, which is longer than the current model and adds an...

Fisker appoints chief restructuring officer after missing payment to noteholder

Fisker said in its 2023 annual report that it may have to file for bankruptcy...

Volvo sees good demand this year after higher Q1 vehicle sales

However, EBIT for the first quarter fell to 4.7 billion Swedish crowns ($434.78 million) from...

Tesla targets 400 job cuts in Germany amid weak EV market

Tesla said the currently weakening market for electric cars is presenting the company with challenges....

Tesla says it will accelerate new products after Q1 income drops 55%

Tesla said the new vehicles, including more affordable models, will use aspects of its next...

Seating supplier Adient plans European job cuts as part of restructuring plan

Adient is cutting jobs in Europe and transferring other roles to countries with lower labor...

Mercedes explores electric frontier with G-Wagen off-roader

The G 580 retains the iconic boxy ladder frame design but ditches a combustion engine...

Tesla Q1 net income drops 55% to $1.1 billion; revenue slides 9% to $21.3 billion

Gross margin fell in the first quarter to 17.4 percent from 19.3 percent in the...

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