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...
US President Donald Trump has signed two orders to reduce the negative impact of tariffs on cars, offering manufacturers cost refunds and exemptions from additional duties...
China’s BYD says it doubled its profit in the first quarter, increasing its advantage over competitors in the world’s largest market through a price war. According...
Volkswagen and Uber have agreed to a strategic partnership, with the German automaker set to supply thousands of autonomous electric vehicles for Uber rides in the...
Volkswagen could move some of its Audi production to the United States due to high tariffs imposed by the US administration. Volkswagen CEO Oliver Blume told...
In an attempt to retain customers and persuade them to continue visiting dealerships following the Trump administration’s hike in tariffs, Volkswagen announced that it would maintain...
Porsche executives told analysts and investors that they had sent additional stock to the United States to beat tariffs and keep prices constant for orders placed...
In line with the SUV trend that shows no signs of weakening, many predicted that Lamborghini’s Urus model would not be the only SUV offered by...
Audi, the German car manufacturer, has suspended vehicle exports to the United States due to new tariffs imposed by President Donald Trump. An Audi spokeswoman confirmed...
A total of sixteen major car manufacturers and the trade association were involved in the cartel. The European Commission is imposing the penalties because the organizations...
Brands like Citroën, Renault, Kia, and Volkswagen are entering the small electric vehicle market, but Toyota is still not participating. The Citroën ë-C3, Peugeot e-208, Renault...
Several automakers, including Volvo, Bentley, Ford, and Lamborghini, are revising their electrification strategies and launch schedules due to slowing growth. Lamborghini has already hinted that it...
German carmaker Volkswagen has said it is ready to consider a plan to start producing equipment for the German military as part of Europe’s armaments efforts,...
Volkswagen has reached its limit and is taking decisive action by filing a lawsuit against a United States dealership over poor sales of its vehicles. It’s...
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...
Volkswagen CEO Thomas Schaefer presented plans for the brand’s future at a closed employee meeting. As he announced, nine new models will be introduced by 2027....
The management of German luxury car manufacturer Audi is threatening significant wage cuts for workers, the IG Metall union warned on Friday in a leaflet distributed...
US President Donald Trump previously stated that he might impose extra tariffs on imported cars, prompting Porsche and Audi to consider production within the United States....
Where Volkswagen introduced the electric ID7 in Europe with much fanfare, that will not happen in the United States the ID7 will not be marketed there...
Mercedes is set to lay off tens of thousands of employees as part of a restructuring to respond to market conditions. Following Volkswagen’s announcement of over...
Volkswagen could face huge fines from the European Union for exceeding its CO2 emissions. Speaking to analysts, VW’s head of investor relations, Rolf Wohler, spoke about...
Volkswagen is looking to strengthen its partnership with American electric vehicle manufacturer Rivian just months after the two companies announced plans to jointly develop a new...
Volkswagen issued a strong warning on Tuesday regarding the serious economic consequences of tariffs proposed by US President Donald Trump on imports from Mexico. As a...
Chinese officials and automakers are seriously considering buying German factories that could be closed and are particularly interested in Volkswagen plants. Buying the factory from Volkswagen...
German car brands Audi, BMW, and Mercedes-Benz saw their sales decline last year due to weak demand, particularly from China. They have lost popularity as consumers...
The 2025 North American Car of the Year is the Honda Civic Hybrid. This award is the longest-running new-vehicle honours that is not tied to a...
Mercedes-Benz is experiencing difficulties in China. The launch of the all-electric CLA sedan, tailored for the Chinese market, has been postponed from April to August due...
Global sales of Volkswagen brand cars fell last year, as fewer cars were sold, especially in China, due to fierce competition from Chinese car brands. According...
Mercedes needs to save more than five billion euros by 2027 and has already started implementing a package of measures that is very different from, say...