The Czech Republic, also known as Czechia, has built its post-Cold War economy in the same way Germany did post-reunification: with a focus on industry. Manufacturing as a share of GDP has hovered ...
LONDON (Reuters) - U.S. President Donald Trump's tariff plans would mean higher car prices for U.S. consumers and hit global ...
The IG Metall union and Works Council have been keeping the text of the new contract at Volkswagen secret. A review clause it ...
European car sales recorded increase of 0.8% to 12,847,929 units in 2024 up from 12,963,614 units in 2023, with hybrid ...
Romania saw the largest percentage decrease in new fully electric cars registered in 2024, a nearly 33% drop, according to ...
The VW brand will have no new members in its EV range this year, prolonging the difficult times at the German car making ...
Carmakers BMW and DaimlerTruck have similarly addressed media questions about the Trump administration, expressing general ...
The fact that the electric car market in Europe was no longer growing as dynamically as in previous years had become apparent ...
Last week, Volkswagen AG (VW) announced the likely curtailment of production in Germany, reducing staff by 15 thousand people. In addition, Walter Klein GmbH & Co. KG went bankrupt, and the Erwin Lutz ...
The German carmaker is already contending with a sales slowdown, high costs, and competition from cheaper Chinese competitors.
"The Volkswagen Group is concerned about the harmful economic impact that proposed tariffs by the U.S. administration will ...