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GERMAN CARMAKERS IN CHINA
Volkswagen key shareholder pitches producing Chinese car models in GermanyGermany's Lower Saxony premier, a major Volkswagen shareholder, suggested producing China-developed models locally to secure jobs and boost...- US curbs on AI spur European firms to spread the riskEuropean companies are diversifying AI providers due to US access limits, highlighting a need for domestic alternatives. Major firms like S...
- US curbs on AI spur European firms to spread the riskEuropean firms are diversifying AI providers due to U.S. access limits, highlighting a need for domestic alternatives. Companies like Sieme...
- Global Markets| European shares flat as investors await Iran deal details, Fed policy; BMW slidesEuropean markets held firm today, with investors keenly awaiting developments regarding potential peace talks between the U.S. and Iran, al...
- Hot wheels got intelligent: Carmakers are device-fying, and tech companies making cars are bringing their world view with themThe automobile is transforming into a smart device. Traditional carmakers face a challenge as software and data become more valuable than h...
- Global Markets | European shares tumble on Iran war-linked inflation woesU.S. President Donald Trump, on the last day of his trip to China, said his patience with Iran was running out and that China's President...
- Tesla says to add 1,000 jobs in GermanyElon Musk's automotive and robotics company Tesla said Thursday that it would hire more than 1,000 people in Germany, a rare bright spot in...
- Audi, SAIC will jointly develop future models under new China brandAudi and SAIC are strengthening their collaboration for upcoming electric vehicle models in China. They will also establish a new innovatio...
- China poses 'very significant' challenge to German brands, BMW leader saysBMW's Hungarian chief warns of significant competitive challenges from China's auto industry as BYD prepares to launch production in Hungar...
- Volkswagen plans major layoffs, to shut at least three German plants, works council head saysVolkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic ...
- EU may cut China EV import tariffs for Volkswagen and BMW, sources sayThe European Commission may lower tariffs on Volkswagen and BMW’s China-made EVs, including the Mini and SEAT's Cupra Tavascan, to 20.8%. W...
- Porsche AG Q1 Results: Operating profit drops 30% to $1.37 billion on ramp-up costsPorsche finance chief Lutz Meschke said that while demand in China remained challenged the company would not compromise on margins by steer...
- Cutting ties with China is 'unthinkable': Mercedes-Benz CEO Ola KaelleniusMercedes-Benz CEO, Ola Kaellenius, has called cutting off economic ties with China "unthinkable for almost all of German industry" and stat...
- Opel puts China entry on hold as trade tensions riseChina's strict zero-Covid policy, which has led to rolling lockdowns, and the escalation of tensions over Taiwan had also made it "difficul...
- BMW bets on cylindrical battery cells for new class of EVs from 2025The German carmaker has already placed multibillion-euro orders with CATL and EVE to produce battery cells at four factories in China and E...
- China vows to retaliate if Germany closes door on Huawei under US pressurePresident Donald Trump’s administration has sought to enlist US allies in squeezing out Huawei as a 5G supplier. A lawsuit against the Fede...
- BMW to recall 6,109 cars over fuel pump problem in ChinaThe vehicles were produced between June 12 and November 19, state-run news agency Xinhua reported. The BMW China Automotive Trading Co Ltd ...
- Volkswagen likely to surpass Toyota as biggest carmakerToyota may regain the lead from VW next year as the recovery of the co's facilities from the March earthquake will pave its way.
- 'VW plans two new Chinese plants'Volkswagen, the biggest European carmaker, plans two new production sites in China to meet growing demand there, a press report said.
- German cars off their primeGerman cars are too big, costly and polluting. The challenge is now from Toyota and Chinese upstarts like Chery and Geely.
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