Any tariffs imposed by Donald Trump would primarily impact German carmakers, with the top three manufacturers accounting for 73% of the 820...

Japan's Nissan Motor is exploring partnerships with new technology firms after its merger talks with Honda Motor fell through. Honda propos...

Volkswagen managers will face a two-year 10% pay cut due to reduced bonuses, as part of a deal with unions to cut jobs and production. The ...

Several automotive companies are announcing plant closures and layoffs in Europe. Companies like Valeo, Stellantis, Bosch, Ford, Michelin, ...

Thyssenkrupp Steel Europe will cut 11,000 jobs by 2030. The German steelmaker will also reduce production. The company blames cheaper Asian...

Robert Bosch will cut working hours for 450 employees in Germany starting next spring. The company cites a difficult economic situation. Af...

Schaeffler, a German auto parts manufacturer, announced 4,700 layoffs across Europe, primarily in Germany, citing a challenging market envi...

Volkswagen faces severe challenges in China, with falling sales, political missteps, and competition from local brands. BYD's rise and stat...

Volkswagen is revamping its strategy in China, creating a "China for China" initiative due to the country's dominance in the electric car m...

"The situation is critical. Many markets are under pressure. Our orders, particularly for electric vehicles, have been lower than expected,...

Around 2,300 jobs will go at the carmaker's Cologne and Aachen sites in Germany, 1,300 in the UK and 200 in the rest of Europe, the company...

"There is no question that we have to address the competitiveness of our plant in Wolfsburg in view of new market entrants," VW spokesperso...

Germany's largest trade union IG Metall on Aug. 15 proposed negotiating for a transition to a four-day week across industry to help secure ...

London, Jun 5 (AP) Luxury British carmaker Bentley is to cut up to 1,000 jobs and has warned of more to come as it tries to limit the damag...

The move, brokered with VW’s powerful unions, includes job guarantees through 2029, the manufacturer said on Wednesday in a statement.

VW agreed to compensate Bosnian parts maker Prevent Group for a canceled contract and extend their partnership for another six years.

Ford Motor, Toyota Motor and other competitors are preparing for a deeper slump in the European auto market after deliveries at the beginni...