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
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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
Renault is collaborating with software company Atos, the companies said on Tuesday. The collaboration involves the collection and analysis of data in a “strategic collaboration” to help sector players decrease
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