In a letter to workers, its CEO warned that a new package of cost cuts is coming, in addition to the current plans to reduce ...

European carmakers viewed the trade deal struck with the U.S. as a de-escalation, but were still bracing for damages, which ...

Volkswagen is hoping to negotiate a direct agreement with the US government once a deal has been reached with the EU over ...

Europe's largest car manufacturer Volkswagen is hoping investment commitments can help it negotiate further concessions on ...

The German auto group cut its financial forecasts and warned that the tariff “burden would increase to several billion.” ...

The car industry in the EU viewed the trade deal struck with the United States as a de-escalation -- but one that still puts ...

Europe's carmakers, already battling stiff competition from Asia and a costly transition to electric cars, were dealing with ...

Any reprieve from Trump’s trade war, which is weighing on profits and reordering supply chains, would be welcome news for the ...

Investing.com -- Volkswagen (ETR: VOWG) CEO Oliver Blume said Friday the company hopes investment commitments can help it ...

PARIS - Europe's auto industry is relieved that the EU-US trade deal reduces short-term uncertainty but many, particularly in ...

Porsche CEO Oliver Blume has admitted that the company's current business model is no longer viable in the current climate.

Carmaker joins Stellantis and GM in reporting hits to their profits as tariffs drive up costs for the industry.