Volkswagen faces financial challenges amidst market share loss, high costs, and supply chain disruptions. Learn why VWAGY ...
Mercedes-Benz Cars now expects an adjusted return on sales to be between 7.5% and 8.5% in 2024, down from 10% to 11% ...
That was quick: barely 24 hours after rumours emerged that Nio could take over the Audi factory in Brussels, the Chinese ...
European auto stocks are so unpopular right now that investors keep reducing their exposure even as the scale of the industry ...
Adjusted returns from Mercedes' main cars unit are now expected in a range of 7.5 to 8.5 percent, compared with a prior ...
Mercedes-Benz Group AG Chief Executive Officer Ola Källenius pledged he’ll do whatever it takes to bolster returns after the ...
"While some investors had been anticipating a profit warn from Mercedes Benz, we still view this news as a surprise, especially given the magnitude and lack of cautionary commentary ahead of [the] ...
Volkswagen is struggling to compete in China's growing NEV market, with partnerships in place for potential software ...
To make the European market unattractive for Chinese EV exports, tariffs have to be as high as 50%, according to research ...
For the first time ever, Volkswagen intends shuttering factories across Germany and tearing up labor contracts with its ...
While Unifor Local 88 Plant Chair Mike Van Boekel boasted in a statement that it was a deal the bargaining team could be ...
The issue culminated this week with VW halting production of the all-electric ID.4 at its factory in Chattanooga, Tenn., as ...