Electric vehicles (EVs) are facing significant sales challenges in Europe and the U.S., exacerbated by a general decline in car sales. Volkswagen plans to lay off 30,000 employees, primarily in ...

In the echo of the '80s, amongst the clamor of neon colors, shoulder pads, and pop anthems, a fleet of four-wheeled wonders ...

Volkswagen's troubles seem to worsen as the German carmaker considers closing car plants in Europe, China, and the US, with ...

Volkswagen is struggling to compete in China's growing NEV market, with partnerships in place for potential software ...

Registrations of electric cars drop 69 percent and overall sales by 28 percent, Tesla in particular, taking a beating. VW executives this week rationalized plans to close two plants by telling angry ...

BYD, which leads China’s electric vehicle sector, is constructing a plant in Hungary while its Chinese rivals expand through ...

The 24 V segment of window lift motors is anticipated to show the largest growth in the North American window lift motors ...

VW has a long history of high capital spending, stubbornly growing fixed-cost base, and net cash outflows. Management touts the firm's advantages of global scale and strong brands. However, its ...

BMW's depressed valuation makes it a possible target for M&A activity, which the current economic environment encourages.

VW's high-bay warehouse has a capacity for 16,000 large and 70,000 small load carriers and is equipped with a fully automated ...

Automakers should push ahead with plans for cheaper electric models under €25,000, such as the Renault 5 and Citroen e-C3, ...

Organizers said they wanted to spur European Union leaders to act and invest massively to save jobs in the industrial sector. They put turnout at more than 10,000.