By Paul Lienert and David Shepardson (Reuters) - General Motors Co (NYSE:GM) and Ford Motor (NYSE:F) Co are revving up their century old rivalry, this time over which will sell more...
By Joseph White DETROIT (Reuters) - General Motors Co (NYSE:GM) expects full year adjusted pre-tax profits will reach about $14 billion, higher than the previous forecast, the automaker's...
By Christoph Steitz FRANKFURT (Reuters) - Volkswagen (DE:VOWG_p)'s planned European battery cell plants and securing vital raw materials will cost as much as 30 billion euros ($34 billion),...
By Jan Schwartz HAMBURG (Reuters) - Volkswagen (DE:VOWG_p) CEO Herbert Diess, currently under heavy fire from unions over strategy, struck an upbeat tone at a recent manager meeting on...
SEOUL (Reuters) – Samsung Electronics on Tuesday revealed new auto chips targeting demand for advanced chips in cars, including one mounted in Volkswagen’s infotainment system developed...
By Christina Amann MUNICH (Reuters) - Whether buying computer chips directly from manufacturers, reconfiguring cars, or producing them with parts missing, automakers are having to get...
FRANKFURT (Reuters) – Volkswagen is convinced that its 2.9 billion euro ($3.3 billion) offer for France’s Europcar, made as part of a consortium, fairly reflects the firm’s value, a...
By Jan Schwartz HAMBURG (Reuters) -Volkswagen's top committee did not make a decision on the future of Chief Executive Herbert Diess at a meeting on Tuesday, two sources with knowledge of...
BERLIN (Reuters) – France’s market regulator AMF has approved Volkswagen’s proposal filed in September to take over Europcar Mobility Group, Volkswagen said on Tuesday.
BERLIN (Reuters) – Volkswagen’s supervisory board executive committee will meet on Tuesday to discuss the future of CEO Herbert Diess, sources said, confirming a report in Germany’s...
By Vera Eckert, Stephen Jewkes and Isla Binnie (Reuters) - As world leaders hammered out a deal last week to slow climate change, gas engineer Michele Ricciardi was digging into a practical...
At its charging and energy division, Volkswagen (VOWG_p.DE) plans to double staff numbers, roll out new payment technology next year and strike more alliances to take on Tesla (TSLA.O) in a...
By Vera Eckert, Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) - Volkswagen (DE:VOWG_p) plans to double staff numbers at its charging and energy division, roll out new...
By Noel Randewich and Anisha Sircar (Reuters) - Tesla (NASDAQ:TSLA) Chief Executive Elon Musk sold another $973 million in stock to pay taxes after exercising options on Tuesday, filings...
(Bloomberg) -- Big investors love many things about Tesla (NASDAQ:TSLA) Inc. Volatility isn’t one of them. Despite a trillion dollar valuation, pole position in the electric-vehicle business...
(This story corrects Mercedes-Benz official's comment in paragraph 13 to show he said the time between when a new rule is known and is effective is "short", not insufficient) By Yilei Sun...
(Bloomberg) -- Two years after Elon Musk elicited audible gasps from an awards show audience with his surprise announcement that Tesla (NASDAQ:TSLA) Inc. would build a factory outside...
By Lawrence Hurley WASHINGTON (Reuters) -The U.S. Supreme Court on Monday rejected Volkswagen AG’s bid to avoid lawsuits filed by officials in three states seeking damages stemming from the...
Volkswagen AG (VWAGY) reports October global sales slumped 33.5% to 600,900 vehicles.YTD global sales up 2% to 7.55M vehiclesChina sales slipped 37.2% to 236,500 vehicles for...
By David Shepardson WASHINGTON (Reuters) -Democratic Senator Joe Manchin said on Thursday he opposes a proposal in President Joe Biden's $1.75 trillion social spending and climate...
(Bloomberg) -- Stay on top of the revolutions reshaping the auto world — from EVs to self-driving cars — by signing up for Hyperdrive’s newsletter here.News Briefs Elon Musk sells $5 billion...
By Yilei Sun and Brenda Goh BEIJING (Reuters) - For foreign automakers, selling in China - the world's biggest car market and front-runner by far in the adoption of electric vehicles - can...
By Sam Boughedda Investing.com — In a post on LinkedIn, Herbert Diess, Chairman of the Board of Volkswagen Group (DE:VOWG_p), said the company now ranks third among all NEV manufacturers in...
By Paul Lienert and Tina Bellon (Reuters) - Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through 2030, according to a Reuters...
BEIJING (Reuters) - China's auto sales fell in October for a sixth consecutive month, slumping 9.4% from a year earlier, industry data showed on Wednesday, as a prolonged global shortage of...
BEIJING (Reuters) – Volkswagen plans to stop making Santana cars in China, bidding farewell after over three decades to its first Chinese-made model that became a symbol of the country’s...
By Christoph Steitz FRANKFURT (Reuters) -Volkswagen said on Tuesday it plans to build a new state-of-the-art car factory close to its headquarters in Wolfsburg, Germany, hoping to raise its...
HAMBURG (Reuters) - Volkswagen (DE:VOWG_p) has no plans to cut 30,000 jobs, CEO Herbert Diess told staff in an internal video message, hoping to fix his damaged relationship with the...
Sonic Automotive (SAH) acquired Cook Volkswagen in Fallston, Maryland; effective today, the company will operate the dealership as Volkswagen of Fallston, marking the...
BERLIN (Reuters) – Porsche SE said on Tuesday its nine-month net income bounced to the lower end of the German automotive group’s full-year guidance thanks to profits from Volkswagen,...
BERLIN (Reuters) – Environmental activist Clara Mayer and the heads of Greenpeace Germany have sued Volkswagen in German court, the NGO said on Tuesday, accusing the automaker of failing...
Monday afternoon's top analyst upgrades and downgrades included Canopy Growth, Pioneer Natural Resources, Shake Shack, Tesla, Toll Brothers, VMWare and Volkswagen.
BEIJING (Reuters) - U.S. electric vehicle maker Tesla (NASDAQ:TSLA) Inc sold 54,391 China-made vehicles in October, including 40,666 for export, the China Passenger Car Association (CPCA)...
By Christoph Steitz and Ilona Wissenbach FRANKFURT (Reuters) - Volkswagen (DE:VOWG_p) CEO Herbert Diess' frail relationship with German labour representatives hit a new low this week with...
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