Industrial output was 0.8% higher in January than a month earlier, while ambitious plans to boost defense investment offer hope that European manufacturers can be lifted out of their torpor.

In a recent report by Reuters, the CEO of Volkswagen Passenger Cars (VLKAF,) Thomas Schäfer, noted that increasing production ...

Volkswagen Group has confirmed it will maintain its plants in Mexico despite US President Donald Trump's threat to impose 25 ...

Big changes to the global EV market are taking a toll on car companies like Ford and GM.

Rheinmetall is considering acquiring one of Volkswagen's soon-to-be idle plants, part of a broader rearmament in Europe.

At the event, ECARX’s management showcased the Company’s breakeven at the EBITDA level during the fourth quarter of 2024, its confidence in delivering positive EBITDA for the full year 2025, and its ...

Rheinmetall is open to the prospect of buying up an unwanted Volkswagen site, the latest sign of a shift in Germany's ...

Still, according to European Commission figures, European factories as a whole are operating at less than 80% capacity. And while unemployment stood at a record low in January, more workers might soon ...

Things are grim for auto producers in Europe, where car sales have nosedived to 10.6 million a year from 15.1 million annually pre-pandemic. Meanwhile, German car exports fell by 50 percent, to a ...

Elon Musk's online behaviour has become even more erratic since he became an adviser to the US President, and his businesses are suffering.