Volkswagen stock rises on 50,000 job cuts plan amid tariffs, China pressure
Volkswagen employees are taking part in an information and protest event organized by IG Metall in front of…
German economy faces challenge from China’s support for competing industries
MOOSBURG, Germany (AP) — The heart of the German economy is making and exporting the big-ticket, complex goods…
Major German carmakers hit by steep China sales plunge as competition heats up
HONG KONG (AP) — Major German carmakers saw sharp quarterly sales declines in China as domestic demand weakened…
Lamborghini reveals new Urus performance hybrid SUV after ditching EVs
The Lamborghini Urus SE Performante. Courtesy Lamborghini Lamborghini on Wednesday revealed a new hybrid performance model of its…
A ‘perfect storm’ points to a much smaller U.S. auto market by 2040
Ten years ago, a record 17.6 million cars, trucks and SUVs were sold in the U.S. Some forecasts…
Ford’s secret EV unit endures despite market slowdown, exec departure
LONG BEACH, Calif. — As the global automotive industry retreats from all-electric vehicles after reporting billions of dollars…
China Development Forum welcomes U.S. execs revamping market push
Apple CEO Tim Cook (L) stands with Siemens CEO Roland Busch prior to the opening ceremony of the…
China vows to continue opening its economy amid U.S. trade tensions
Li Qiang, China’s premier, speaks at the China Development Forum in Beijing, China, on Sunday, March 22, 2026.…
SK Battery America Inc. lays off 958 workers at Georgia plant
ATLANTA (AP) — Battery company SK Battery America Inc. laid off nearly 1,000 workers at a manufacturing plant…
How the EV pullback is affecting factories and jobs in the South
For most of the past two decades, the majority of electric vehicle-related investments have gone to Republican-led districts,…
EU poised to water down 2035 ban on new diesel, gasoline cars
A fuel nozzle is inserted into a combustion engine at a petrol pump at a filling station during…
Where the Nexperia auto chip crisis stands now
The logo of Chinese-owned semiconductor company Nexperia is displayed at the chipmaker’s German facility, after the Dutch government…