Car makers fear that tariffs will hike the price of some vehicles by as much as 25%
A trade group representing nearly every major automaker warned Tuesday that new 25% tariffs on imports from Canada and Mexico...
Volkswagen
Tesla shares fell 60% in Germany due to Musk’s electoral intervention
Tesla, owned by Elon Musk, saw a nearly 60% drop in electric vehicle sales in Germany in January compared to...
Volkswagen fears that tariffs will damage the worldwide auto industry
The comments by the German auto giant, which already faces high costs and cheap competition from China at home, reflect...
Volkswagen is considering shifting Golf production elsewhere, and Mexico is in the limelight
According to plans now being reviewed at Volkswagen's headquarters, the German carmaker is considering relocating Golf production abroad, with Mexico...
Volkswagen consents to reimburse 10,000 consumers $23 million for the «Dieselgate» scandal
According to a report released on Wednesday by the consumer advocacy group VKI, the German carmaker Volkswagen has decided to...
Sales of new cars are declining, a trend not seen since 2022
Mexico's new automobile sales fell 1.4% in September, the first decline the industry has faced since April 2022, when sales...
To counter German weakness, Italy exports vehicle parts to Mexico and Vietnam
A minister from Italy stated that the country is searching for other export markets for the manufacture of car components...
No intentions to develop cars with VW, according to Rivian
Following a media story claiming that the American electric car manufacturer was in early negotiations with the German automaker to...
After receiving up to $5 billion from Volkswagen, Rivian’s shares increase by more than 50%
The Volkswagen Group intends to invest a maximum of $5 billion, beginning with a $1 billion initial investment, in the...
Orders for VW electric vehicles have doubled across Europe
In the first quarter of 2024, Volkswagen's orders for electric cars in Europe increased dramatically compared to the same period...
