Business
Chinese electric vehicle giant BYD reported surging sales, surpassing global rival Tesla in quarterly revenue.
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Business
Ailing auto giant Volkswagen warned Wednesday that “painful” cost cuts were unavoidable as third-quarter profit plummeted, fuelling tensions with unions which fear mass job...
News
Europe’s biggest carmaker Volkswagen reported a 64-percent drop in third-quarter net profit Wednesday, as it struggles with high costs and slowing sales in China....
Business
Ford reported lower profits Monday and reduced its full-year earnings outlook.
Business
Ailing auto giant Volkswagen plans to close at least three factories in Germany and slash tens of thousands of jobs.
Business
Volkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic cost-cutting plan,...
Business
Renault said it managed to post an increase in third quarter revenue.
Business
Tesla shares surged Wednesday after the electric car maker reported a jump in profits, as increased auto sales and lower expenses offset the drag...
Business
US chipmaker Wolfspeed and the auto supplier ZF have put plans for a semiconductor factory in Germany on ice, local officials said Wednesday, striking...
Business
Sweden’s Volvo Cars on Wednesday drastically cut its sales forecast for the year, saying car markets in China, Europe and the United States are...