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Volkswagen first-half operating profit is expected to come in at around 11 billion euros ($13 billion), it said on Friday, even surpassing pre-pandemic levels on the back of strong demand...
Booming sales in China helped propel German luxury carmaker BMW to stronger profits in the first three months of the year even as its home market Germany trailed the ongoing...
Mercedes-Benz car maker Daimler AG on Friday raised its profit outlook for 2021, but said the global semiconductor chip shortage may continue to impact sales in the second quarter. Daimler...
Volkswagen plans to build half a dozen battery cell plants in Europe and expand infrastructure for charging electric vehicles globally, accelerating efforts to overtake Tesla and speed up mass adoption...
German carmaker Daimler plans to spin off Daimler Truck, the world’s largest truck and bus maker, as it seeks to increase its investor appeal as a focused electric, luxury...
Elon Musk's net worth soared past Warren Buffett on Friday as the chief executive officer of Tesla Inc became the seventh richest person in the world, according to the...
Nissan Motor has requested a $4.6 billion commitment line from major lenders to cushion the impact of the coronavirus pandemic while it seeks to engineer a desperately needed turnaround, people...
Automobili Lamborghini is converting departments of its super sports car production plant in Italy’s Sant’Agata Bolognese in order to produce surgical masks and protective plexiglass shields. The masks will be...
Carmaker Ford Motor jumped into the emergency push by major US manufacturers to produce thousands of ventilators and respirators needed to help combat the spread of the coronavirus under a...
German carmaker Volkswagen said it was joining other manufacturers around the world to explore using 3D printing to make hospital ventilators to combat the coronavirus. Governments are enlisting Automakers including...
