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
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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
Volkswagen’s Skoda Auto intends to cut 2% of administrative jobs in the Czech Republic this year by not replacing staff who leave rather than through redundancies, the country’s largest automaker
Volvo Cars’ worldwide sales performance continued to remain strong in February after the automaker posted 29.1 per cent growth for the first two months of the year compared with the
Spanish automaker SEAT’s parent Volkswagen wants a strong commitment from Brussels to support a potential project to manufacture electric vehicles in Spain, the German group’s CEO Herbert Diess said on
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