Bosch Home Comfort Group will begin India exports within two years, aiming for global manufacturing. The company is investing eighty millio...

BMW plans voluntary redundancy for nearly half its German workforce. This move aims to reduce approximately eight thousand jobs by the end ...

Audi's finance chief stated the premium brand needs restructuring with Volkswagen. Declining sales in China and the United States are creat...

Volkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costl...

Chinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...

Volkswagen's works council will host staff assemblies with CEO Oliver Blume in August. Workers can question him about plans that threaten u...

China's export engine is posting a large trade surplus, defying global challenges and trade tensions. Chinese exports climbed significantly...

BMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November....

German engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments...

China's auto sales decline prompts manufacturers to boost overseas exports. Domestic demand has fallen significantly, pushing companies to ...

German auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...

China's car sales have declined for nine consecutive months, impacting domestic demand significantly. Automakers are now increasingly focus...

Chinese car brands have captured over 11% of the European new car market for the first time, driven by hybrid and plug-in hybrid models off...

A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...

Volkswagen Group saw a slight rise in global car sales for the third quarter. New models boosted performance in Western Europe. However, sa...

The world's second-largest automaker faces a vexing landscape of challenges in Europe, the U.S. and especially China, where domestic EV mak...

Two Chinese auto plants run by German automaker Volkswagen AG through joint ventures are planning to partly suspend production lines to con...