The Volkswagen Group recorded a significant drop in net profit in the first quarter of this year. The drop is as much as 40.6 percent, which...
Audi, the German car manufacturer, saw a significant rise in sales but reported a smaller profit in early 2025 compared to the disappointing first quarter of...
Tesla’s board reached out to several agencies in March to begin a search for a new CEO to replace Elon Musk, the Wall Street Journal reported,...
Audi reported a third lower profit last year, the second sharp profit drop in a row. Volkswagen’s luxury brand, like other European carmakers, is struggling with...
German luxury carmaker Mercedes-Benz has unveiled a plan to increase sales and cut costs after its annual business report showed a significant drop in profits, primarily...
The British automaker Aston Martin expects a profit of 335.5 million euros in 2024, which is ten percent less than last year’s profit, which amounted to...
Stellantis confirmed CEO Carlos Tavares will step down when his contract expires in early 2026 and announced major changes to senior management as it struggles to...
A major financial blow for Audi: profits in the first quarter were no less than 74 percent lower than last year. According to the company, this...
Mercedes-Benz looks ahead to the rest of this financial year and has somewhat less positive expectations than last year. This is partly due to disappointing sales of...