The Porsche boss is warning of more layoffs and tough days ahead as the company adjusts its business model to fight a ...

Volkswagen is blaming new U.S. import tariffs for reducing its profit margins during the first half of the year. The German ...

Losses extended yesterday across European stock exchanges, particularly affecting automotive and major beverage exporters. The fine print of the agreement is yet to be revealed. 24 hours after the US ...

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

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 ...

Munich news, health insurance, technology, jobs and other topics for expatriates. The Eye Newspapers covers daily news and offers services for foreigners.

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

--Mercedes would also be a benefactor. It exports around 180,000 vehicles to the U.S. while importing around 65,000 into Europe. If a deal to offset imports against exports materializes, Mercedes and ...

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

Six months after Donald Trump introduced the first US tariffs, companies have started to feel the effects of a shock whose ...

Investing.com -- Audi lowered its full-year outlook on Monday, pointing to rising U.S. import tariffs and costs tied to its ongoing restructuring efforts. The Volkswagen-owned premium brand now ...

Volkswagen just confirmed what many in the industry suspected it’s been hit hard by the U.S. trade war. The company took a €1 ...