Seeking higher margins, Stellantis CEO Tavares lost some core customers
Stellantis faces rising prices and shrinking market share in Europe, where inflation-hit buyers seek affordable alternatives.
Nine Volkswagen plants on strike as worker rift with management deepens
Volkswagen workers strike at nine German plants over wage cuts and job threats, halting production amid automaker turmoil.
Trump’s tariffs could cost carmakers up to 17% of combined core profits, S&P says
Analysts and experts fear the tariffs could be more damaging for European car makers.
Volkswagen India unit faces $1.4 billion tax evasion notice
Volkswagen shares fell as much as 2.13% on the Frankfurt stock exchange after Reuters reported the India tax notice.
VW buckles after years of pressure to sell up in Xinjiang
Volkswagen announced it will extend its partnership with SAIC to 2040 while selling operations in Xinjiang.
After fast start, electric cars need a recharge as range limits, cost leave some drivers skeptical
EV adoption in China thrives with government support, while the U.S. and Europe struggle with costs, infrastructure, and policy.
Analysis: How Trump’s Mexico tariffs could hurt Europe’s auto industry
Trump's proposed tariffs on Mexico could harm European carmakers like Volkswagen and Stellantis more than EU-specific tariffs.
Biden administration will loan $6.6 billion to Rivian to build Georgia factory that automaker paused
The Biden administration announced a $6.6B loan to Rivian to build its fuel-efficient vehicles and work toward profitability.
Trump’s tariff pledges rattle US, European auto shares
European automakers' shares fell as Trump pledged tariffs on Canada, Mexico, and China.
Volkswagen has taken major writedown on Northvolt stake, sources say
Volkswagen has written down its 21 per cent Northvolt stake amid the Swedish battery maker's bankruptcy filing, reflecting EV market struggles.
