While Mercedes has had good union relations with its German workforce, the employees elect half of the supervisory board members. Heavily unionized workforces tend to limit profit because of wage ...
Volkswagen said earlier this month it needed significant restructuring to stay competitive, and was considering shutting ...
Türkiye will impose stricter conditions on the import of plug-in hybrid vehicles from some countries, according to a notice ...
Foreign carmakers are ceding more share to local rivals, with BMW, VW and General Motors reporting further slumps in ...
European automakers are reducing the production of electric vehicles (EVs) due to falling demand, which may create great difficulties in ...
The NIO Onvo L60 is positioned as a «family smart electric crossover» that sets a «new standard for family cars». It has a ...
Wang Wentao is on a whirlwind tour of Europe, trying to convince enough nations to vote against the tariff increase, by ...
With lithium prices dropping and competition growing, automakers are adjusting to slower growth in the electric vehicle ...
The Biden administration is awarding $3 billion to U.S. companies to boost domestic production of advanced batteries and ...
European auto stocks are so unpopular right now that investors keep reducing their exposure even as the scale of the industry ...
The EU’s trade chief Valdis Dombrovskis said Thursday he had held “constructive” talks with China’s commerce minister Wang ...
Mercedes-Benz Group AG cut its financial forecast due to a rapid deterioration of its business in China, marking the latest ...