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Volkswagen expects to double electric vehicle deliveries and boost profits for its core brand this year after the automaker stepped up its switch to fully electric vehicles. The brand will
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Volvo Cars will temporarily stop or adjust production in China and the United States for some days in March due to a global shortage of semiconductor chips. “We expect the
BMW expects at least half of its sales to be zero-emission vehicles by 2030, setting a more conservative target compared to some competitors in the race to embrace cleaner driving.
Northvolt said on Monday it had won an order over $14 billion for 10 years from Germany’s Volkswagen, which boosts its stake in the Swedish lithium-ion battery manufacturer. Northvolt said
German luxury automaker Daimler will recall 2.6 million Mercedes-Benz cars in China over a software design issue. The software may fail to communicate a car’s accurate location in the event
Deutsche Bank said on Thursday it had nominated Volkswagen’s retiring finance chief Frank Witter to its supervisory board, coming at a time that the lender is attempting to boost its
BMW said on Thursday that it returned to a profitable track in 2021 after recovering from lockdowns and a negative impact on sales due to the coronavirus pandemic in the
Volkswagen strategy chief Michael Jost will quit after working for more than a decade with the automaker, he said on his website, adding he would now focus on building smart
A federal judge on Tuesday approved Daimler AG’s $1.5 billion settlement to settle a U.S. government investigation into the German automaker’s use of undisclosed software that permitted excess diesel pollution
Stellantis NV has scrapped a plan to release the Peugeot brand in the United States and will be focusing instead on the RAM pickup trucks, high-margin Jeeps, and Fiat Chrysler’s
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