Ford Motor Company has decisively eliminated stock bonuses for half of its managers to address declining profits and high costs, taking bold steps to enhance its...
US President Donald Trump has said the United States will impose new import duties on foreign cars in early April. According to Trump, the tariffs should...
The import duties that President Donald Trump intends to impose on foreign cars will severely impact the Volkswagen Group, along with Hyundai, Kia, and Mercedes-Benz. These...
Ferrari reported on Tuesday a significant increase in full-year net profit, attributing it to a robust product mix and a growing demand for personalized features in...
The Volkswagen Group delivered fewer cars in the second quarter of this year than in the same period last year. In addition, profit, including adjusted taxes,...
China and Europe are firmly in each other’s way. The political game is played, among other things, on the car stage. Europe has been threatening to...
Volkswagen expects that a higher import tax from the European Union for electric cars produced in China can only help temporarily. According to financial CEO Arno...