European automakers most at risk from US dockworkers strike, analysts say
European automakers face the biggest impact from U.S. East Coast port strikes, risking supply chain disruptions.
Volkswagen’s electric truck unit Traton plans to increase profitability by 2029
Volkswagen's Traton aims to boost electric truck sales, grow revenue by 20-40 per cent, and repay debt over the next five years.
European autos stocks wipe off $10 billion after Stellantis warning
European auto stocks dropped four per cent as Stellantis, Volkswagen, and Aston Martin warnings highlight earnings and demand woes.
Volkswagen cuts 2024 outlook on deteriorating macroeconomic environment
Volkswagen cuts its 2024 profit margin outlook again, citing weak demand and a challenging macroeconomic environment.
Analysis: Stellantis CEO follows Chinese route to avoid EV tariff ‘trap’
By Nick Carey, Nora Eckert and Joseph White LONDON/DETROIT (Reuters) – Stellantis wants to adopt the low-cost mindset of Chinese EV makers despite...
Volkswagen labour clash spotlights Europe’s car factory problem
Despite the challenges VW faces, a review shows the carmaker may fare better than its European rivals regarding underused plants.
High costs, slowing China: Volkswagen’s perilous road ahead
Volkswagen faces high costs, China competition, and a troubled EV transition, as tense pay talks with unions begin.
Northvolt to axe 1,600 jobs as Europe’s EV hopes stall
Northvolt cuts 1,600 jobs and suspends expansion as it faces production issues, slow EV demand, and competition from China.
White House touts $1bn fund to help auto suppliers retool for EVs
Investment firm Monroe Capital LLC said it plans to launch a fresh fund of up to $1 billion to provide loans for smaller...
SAIC Volkswagen says adjusting plant base “necessary”
Planned production cuts at the partnership's Nanjing plant are "normal and necessary" business decisions, they say.
