European

Aston Martin is raising 575.8 million pounds ($668 million) in a rights issue as significant investors including Saudi Arabia’s sovereign wealth fund keep faith with the automaker. The automaker said …

Volvo Cars saw its August sales decline by 4.6% year-on-year to 43,666 vehicles as the worldwide semiconductor shortage and other disruptions continue, the automaker said. Demand remained good, but the parts …

Mercedes-Benz prepares to invest 1.2 billion euros in its Vitoria plant located in north-western Spain after workers backed a new labor agreement, unions UGT and CCOO said on Tuesday. About …

Mercedes-Benz sales declined sharply in the second quarter, due to supply problems and coronavirus lockdowns in China, the automaker said. The automaker made deliveries of 490,000 passenger cars from April …

BMW sold almost a seventh fewer vehicles in the first half of this year compared with the same period in the last year largely due to chip shortages and lockdowns …

Volkswagen and its partners are set to invest more than 20 billion euros ($20.38 billion) in a battery cell business, creating 20,000 jobs and targetting yearly sales above 20 billion …

Volvo Car Group is set to invest 1.2 billion euros ($1.25 billion) for building an electric vehicle (EV) plant in Slovakia, the automaker said. The site will bolster its standing …

Audi announced on Wednesday that it will invest 100 million reais ($19.22 million) to resume production at its plant in Parana, Brazil, according to plans revealed in 2021. Initially, the …

Volkswagen workers at its Taubate plant, in Sao Paulo, Brazil approved an agreement allowing an investment of 1 billion reais ($192.97 million) for the production of a new model beginning …

Siemens AG will invest over $100 million in Volkswagen‘s Electrify America unit, a move that makes it the first outside investor in the North American network of electric vehicle charging …