The job-cutting plans would shrink a business that’s lost billions of euros to a global steel glut and rising energy prices.

Stock futures gained on Monday, kicking off a holiday-shortened week, with markets closed on Thursday for Thanksgiving and ...

The head of Volkswagen has told a German newspaper that he sees no chance of avoiding layoffs and factory closures in its ...

Plus, Mercedes looks to cut costs and Tesla is driven by "animal spirits." ...

Germany's largest steelmaker, a division of Thyssenkrupp AG , is under pressure from cheaper Asian competitors, high power ...

Volkswagen has written down the majority of its 21 per cent stake in Northvolt over the past year ahead of the Swedish battery maker’s filing for Chapter 11 bankruptcy, according to people close to ...

Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...

Former U.S. Deputy Attorney General Larry D. Thompson participated in landmark legal cases, such as the Justice Department's ...

Robert Bosch, which employes arounf 429,000 people, is overhauling its workforce as the company struggles with Germany's ...

Rivian and Volkswagen unveiled a joint venture last week, named Rivian and VW Group Technology, LLC, which officially ...

Volkswagen, Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that ...

Retailers are embracing charging as more Americans, many of them worried about a warming planet, trade in their gas-powered ...