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

GERMAN Economy Minister Robert Habeck floated the idea of additional support for the country’s carmakers, and will discuss ...

An independent audit commissioned by Volkswagen to assess labour conditions at its joint venture facility in Xinjiang, China, ...

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 ...

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

Mercedes-Benz has cut its full year profit margin target for the second time in less than two months, joining a growing ...

Mercedes-Benz Group AG Chief Executive Officer Ola Källenius pledged he’ll do whatever it takes to bolster returns after the ...

Volkswagen faces financial challenges amidst market share loss, high costs, and supply chain disruptions. Learn why VWAGY ...

European auto stocks are so unpopular right now that investors keep reducing their exposure even as the scale of the industry ...

Adjusted returns from Mercedes' main cars unit are now expected in a range of 7.5 to 8.5 percent, compared with a prior ...

Mercedes-Benz Group shares fell 8% on Friday after the German carmaker made another cut to its full-year guidance, citing a slowdown in car sales caused by a slump in China's economy.