In response to a sales slump in China, Volkswagen AG plans to cut hundreds of corporate jobs and reduce costs by 20 per cent ...

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

MAN Trucks & Bus strongly believes that its commercial customers will see the light at the end of the tunnel and invest in ...

A consumer slump in China, coupled with the market’s rapid shift toward EVs, has turned the former stronghold for Volkswagen ...

Volkswagen's troubles seem to worsen as the German carmaker considers closing car plants in Europe, China, and the US, with ...

Volkswagen AG has begun trimming corporate jobs in China as part of its goal to reduce overhead by 20% globally over the next ...

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 ...

Best known as a billionaire owner of X, X.AI, SpaceX, Dogecoin, and controversial comments, Elon Musk's main wealth is from ...

Germany wants to support Volkswagen and help it avoid factory closures but the ailing car giant will have to fix most of its problems itself, Economy Minister Robert Habeck said Friday.

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

Foreign carmakers are ceding more share to local rivals, with BMW, VW and General Motors reporting further slumps in ...