Volkswagen AG has begun to trim corporate jobs in China as it works to reduce overhead by a target of 20% globally over the ...

Volkswagen faces calls to withdraw from Xinjiang, China, from dozens of international lawmakers as the carmaker's audit of ...

Europe’s biggest automaker, Volkswagen (OTC: VWAGY) is considering plant closures for the first time in its 87-year-old ...

Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the ...

Chinese EVs are already subject to a 10 per cent tariff, but EU member states will vote soon on whether to approve the additional tariffs, which range up to 35.3 per cent, for five years. The US has ...

Mercedes-Benz Group cut its full-year guidance, citing a deteriorating economic backdrop and weakness in China, and became the latest carmaker to turn more cautious about its outlook.

Nio, one of Tesla’s Chinese rivals in the EV market, is slashing the price of its new Onvo-branded SUV, the L60.

Volkswagen said earlier this month it needed significant restructuring to stay competitive, and was considering shutting ...

The German carmaker’s shares started Friday with an almost 7% drop as the company significantly cut its expected results for ...

More than 60% of the customers choosing the Onvo L60 consider battery-swapping technology as the most desirable attribute, ...

"Mercedes cuts profit margin target again" was originally created and published by Just Auto, a GlobalData owned brand.

Mercedes-Benz Group AG cut its financial forecast due to a rapid deterioration of its business in China, marking the latest ...