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 ...

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.

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 cut its financial forecast due to a rapid deterioration of its business in China, marking the latest ...