Volkswagen Group China on Monday said its factories in the northeastern Chinese city of Changchun have gradually restarted production as the city eases movement restrictions imposed for curbing Covid-19 cases.
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BMW CEO Oliver Zipse said the companies need to be careful not to become too dependent on a few countries by focusing only on electric vehicles, adding that the market
Volkswagen on Thursday warned that it was experiencing the impact of the ongoing conflict between Russia and Ukraine due to the disruption in supply chains and raw materials prices in
Luxury automaker Ferrari will launch Purosangue SUV in the coming months, CEO Benedetto Vigna said on Wednesday. Speaking at the company’s shareholders’ meeting, Vigna said the automaker would reveal two
The waiting time for a new Lamborghini SUV or supercar is now more than 12 months, as demand from wealthy car owners indicates little sign of slowing, the automaker’s CEO,
Mercedes-Benz plans aims to halve its CO2 emissions by 2030, the automaker said on Monday, providing a halfway goal to its present target of becoming CO2 neutral by 2039. The
A shortage of semiconductors will remain an issue for the auto industry into 2023, BMW’s CEO Oliver Zipse said in an interview with Neue Zuercher Zeitung (NZZ) published on Monday.
Volvo Cars reported sales of 58,667 cars in March, a drop of 22.1 percent compared with the same month in 2021. During the first quarter, the number of cars sold
Volkswagen Group is going to recall over 100,000 plug-in hybrid vehicles globally because of the risk of fire. About 42,300 owners of Volkswagen Passats, Golfs, Tiguans, and Arteons globally will be
General Motors and Volkswagen Group said that their Shanghai operations have not been affected by the lockdown in the city placed to curb Covid-19. Both automakers operate factories in the
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