VW must solve most of its problems alone: German minister
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.
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.
German auto manufacturer Mercedes-Benz fell sharply on the Frankfurt Stock Exchange on Friday after the group lowered its outlook on the back of weak sales in its key Chinese market.
BMW said Tuesday it was recalling about 1.5 million vehicles due to problems with their brakes and cut its outlook for the year, sending the German luxury carmaker’s shares tumbling.Â
Carmaker BMW will recall 1.4 million vehicles in China due to faulty airbags, the country’s market regulator announced on Friday.
Turning heads as they cruise past office buildings and malls, driverless taxis are slowly spreading through Chinese cities, prompting both wariness and wonder.
German luxury carmaker BMW posted a drop in net profit for the second quarter on Thursday, dragged down by higher manufacturing costs and weakening demand...
German car parts manufacturer ZF said Friday it would cut a fifth to a quarter of jobs in Germany as it struggled with the switch to electric vehicles and...
German luxury carmaker Mercedes-Benz on Friday reported a sharp drop in second-quarter net profit on weaker sales of electric vehicles and cooling demand in...
China’s electric vehicle giant BYD opened a factory in Thailand on Thursday, continuing its international expansion despite a market slowdown and hours before the European Union was due to impose swingeing tariffs on Chinese EV firms....
Italian luxury carmaker Ferrari on Friday inaugurated a new solar-powered factory at the group’s historic Maranello site, where its much anticipated wholly...
Germany’s Vice Chancellor Robert Habeck was to arrive in Beijing on Friday on a last-ditch mission to avoid a damaging trade war with China after the...
Japanese transport officials inspected Toyota\'s headquarters Tuesday after the top-selling automaker and four others including Honda and Mazda admitted failure to fully comply with national vehicle inspection standards.
At a sprawling vehicle test centre in the English countryside, a hydrogen-powered Grenadier 4x4 made by Ineos Automotive grips steep and rugged tracks,...
The president of Chinese electric vehicle maker XPeng on Friday criticised the fresh tariffs on Chinese cars imposed by Washington as ‘unfavourable’ for the United States’ energy transition...