Volkswagen is in talks to establish a joint venture with China’s Didi Chuxing to manage part of the ride-hailing company’s fleet of vehicles and assist with development of “purpose-built” vehicles
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Volkswagen expects productivity at its core autos brand to keep expanding in the months before because of cost cuts and full availability of higher-margin models launched in 2017. “We have
Volkswagen group’s second-quarter operating profit should compare with 2017’s level of 4.55 billion euros ($5.54 billion) at least, finance chief Frank Witter stated. Underlying profit in the April-to-June period should
German automaker BMW expects the pace of growth of its China sales to nearly halve this year, the firm’s chief executive stated on Wednesday, amid a broader slowdown in the
German luxury automaker Audi AG is looking to double China production with regional partner China FAW Group under five years, its chief executive stated on Wednesday, as worldwide automakers seek
Volkswagen AG’s luxury unit Audi stated on Tuesday that it was recalling 1.16 million vehicles globally due to concerns that an electric coolant pump could overheat or short-circuit due to
Volkswagen trumpeted a good start to this year at the Beijing auto show on Tuesday and described spending plans for electric vehicle and autonomous driving ventures in the country. The
PSA Group posted a 42 percent boost in first-quarter revenue, raised by its acquisition of Opel-Vauxhall. Group revenue increased to 18.18 billion euros ($22.2 billion), the parent of Peugeot and
The German state of Thuringia is ready to offer help to automaker Opel for keeping the region’s Eisenach plant open, state premier Bodo Ramelow informed Reuters on Monday. The state
German prosecutors may extend an investigation into auto supplier Robert Bosch for its suspected association in emissions test cheating to include dealings with Fiat, Ford, General Motors and Hyundai, according
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