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

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

Having downgraded its outlook for profits in July, it did so for a second time, sending shares down 6.8 per cent in Frankfurt ...

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 ...

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

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.

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 ...