Volkswagen intends to close at least three plants in Germany and downsize all remaining factories, the chairwoman of the works council, Daniela Cavallo, told employees in Wolfsburg. The closures could ...

The U.S. Dept. of Commerce recently proposed a regulation to ban certain Chinese and Russian automotive technologies because ...

The German auto giant is overhauling its business to cut costs in the face of low European demand and competition with China.

Once a beacon of Swedish innovation, the historic factory will now be dismantled, closing the chapter on a site that played a pivotal role in automotive history, according to Boosted. With no plans to ...

The automaker aims to shut at least three factories in Germany, downsize its remaining plants and lay off tens of thousands of staff, according to German industrial union IG Metall.

The recent rise of Chinese semiconductor companies such as Loongson and Zhaoxin, which now command a significant share in ...

Volkswagen bosses are preparing to shut three German factories and sack “tens of thousands” of workers, the car giant’s top ...

Volkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant ...

"Human nature and history tell us that if the market knows there is more money available ... She compared Biden's pro-EV ...

SINGAPORE: PetroChina is set to shut its largest refinery in north China's Dalian around mid-2025, marking the first major ...

Among Apple, Nvidia, Microsoft, Alphabet, Amazon, Meta Platforms, and Tesla, there are two industry-leading companies Wall ...