BMW has raised its 2021 profit forecast on Tuesday following strong quarterly results but said the continued chip shortage and increasing raw materials prices would
Category: European
Vulcan Energy Resources Ltd said it has signed a deal on Monday to supply lithium to Renault. The deal comes as the latest move by an
Volkswagen has revealed the all-new Taigo SUV coupe in Europe. The Taigo is the first SUV coupe by the brand to drive on the European
Daimler will keep a 35% stake in the trucks division it prepares to spin off this year, the automaker said on Friday, providing more information
A consortium led by Volkswagen has agreed with Europcar to introduce a tender offer for the French car rental company that values it at 2.9
A consortium led by Volkswagen is in advanced talks to purchase Europcar in a deal that would value the French car rental company’s equity at
Volvo Cars reported the best half-year results in terms of sales and operating profit in its 94-year history. The half-year financial report showed the automaker
Shareholders in Volkswagen on Thursday agreed to a deal to settle claims against four former executives, including former CEO Martin Winterkorn, related to the automaker’s
Volkswagen‘s unit Skoda Auto will cancel some shifts ahead of the automaker’s annual general two-week leave, due to shortage of parts, trade unions said on
Volvo Cars have struck a deal to purchase parent company Zhejiang Geely Holding from their joint ventures in China. Geely, which also owns a 9.7%
German automaker Porsche must pay a fine of 40 million euros ($47 million) over the breach of duty associated with its tax filings, German prosecutors
The ongoing worldwide shortage of semiconductor chips will negatively affect car sales in the second half of this year and will extend into the next
Volkswagen said Monday it will put an end to U.S. sales and production of the Passat sedan by 2022. This is the latest shift by automakers
Stellantis will temporarily halt a shift at its Vauxhall van factory in Luton, southern England, because a huge number of workers isolated to halt the
Volkswagen Group delivered nearly five million vehicles globally between January and June this year, 27.9 percent more than during the same period in 2020, the
