The U.S. has accused China of having industrial “overcapacity” in areas such as EVs, solar panels and lithium-ion batteries.
It was expected to be the comeback year for the shares of century-old carmakers, General Motors Co. and Ford Motor Co., but a ...
CHERY Automobile has pushed back a goal to bring electric-vehicle (EV) production to Europe by a year, after the European ...
Volkswagen cut its sales and profitability forecasts for the year, joining a growing list of European rivals in lowering ...
VW said its passenger-car brand and commercial vehicles unit are performing below expectations. It flagged added risks for ...
Amid weak demand, new vehicle launches and pricing adjustments are set to play a key role in reviving the automotive industry ...
VOLKSWAGEN cut its guidance for a second time this year, warning that waning demand will undercut the German carmaker’s ...
The automaker finds itself in a 'trap' in the face of tariffs, labor issues and struggles to keep pace with the industry.
Forvia cited uncertainty on the European market and carmaking plant shutdowns in North America among reasons for the cut to its 2024 guidance and cautioned that it expects the environment in 2025 to ...
Germany’s economy is expected to shrink slightly in 2024, leading economic institutes said on Thursday, as the traditional ...
The Fed had long been keeping its main interest rate at a two-decade high in hopes of slowing the economy enough to stifle ...
E-commerce giant Alibaba Group Holding appears on course to turn around a years-long slump on the back of Beijing's sweeping ...