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Volkswagen Group’s supervisory board backed a sweeping overhaul that calls for 50,000 additional job cuts, far fewer models and a smaller industrial footprint, giving CEO Oliver Blume his clearest mandate yet to remake the automaker, who …

Volkswagen Group’s management board plans to propose ending production at four German plants between 2031 and 2034, German business outlet WirtschaftsWoche reported. …

Volkswagen Group’s internal battle over its turnaround plan comes to a head next week when CEO Oliver Blume tries to win supervisory board approval for a sweeping restructuring plan. …

Toyota Motor, opens new tab said on Friday its global vehicle sales and production ​fell in July, weighed by declines ‌in China, the United States and the Middle East, which offset a stronger performance ​in Japan. …

UK vehicle production fell -11.6% in July to 63,655 units, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). …

When Ford and Geely announced their Valencia joint venture in July, the carmakers were clear about the commercial logic behind it, but notably quiet on the engineering underneath it. That gap has now narrowed. …

Employees have criticised Volkswagen’s management as the German carmaker considers further job cuts and the future of several plants. …

Chinese automakers are betting big on European production with plans to build as many as 1.5 million vehicles a year in the region by 2035. …

Chery is currently establishing its German headquarters in Gateway Gardens, a redeveloped district in Frankfurt located within sight of Frankfurt Airport’s Terminal 2. …

The new R&D Centre of Excellence will form part of Chery’s global development network, and will initially focus on adapting its vehicles to British driving conditions. …

According to Handelsblatt, Volvo has reportedly been considering opening its European production network to additional brands from its Chinese parent company, Geely, for several months now. …

China's car industry is on a tear overseas, storming markets from Europe to Southeast Asia and heaping pressure on long-established automakers like Toyota Motor (7203.T), opens new tab and ​Volkswagen (VOWG.DE), opens new tab. …

Chinese-owned OEMs are aggressively expanding into Europe, and the market share held by Chinese brands has grown dramatically in a very short period of time – in markets across the continent. …

Volkswagen Group is laying out the industrial logic behind a major reduction in its model lineup and variants. …

More German drivers than ever are switching to electric vehicles due to the jump in fuel prices triggered by the U.S.-Israeli war on Iran. …

The UK’s used car market returned to growth in the second quarter, up 0.7% as 2,009,318 vehicles changed hands, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT).   …

Mercedes-Benz last fall turned to McDonald’s to promote its latest model in China, a striking move for an automaker that for decades relied on its German engineering to win over Chinese buyers. …

German auto suppliers are more indebted and spend more on interest than their international rivals ​as competition from China intensifies, according to ‌excerpts from an upcoming study seen by Reuters. …

Chinese automakers are winning market share in Germany by luring customers away from from European, Japanese and Korean brands, with Hyundai and Kia owners proving among the most willing to switch, according to new industry data. …

Britain’s new car market grew 11.7% in July with 156,571 units registered, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). …

Sales ​in the United States recovered for ​a third consecutive month with a ⁠double digit increase, the company said ​in a statement. …

The entry of Chinese automakers in the past five years has reshaped the European auto market, with companies such as BYD, SAIC and Chery moving steadily up the sales tables and threatening century-old players such as Ford and even Merced …

Volkswagen Group CEO Oliver Blume faces perhaps the most difficult challenge of his tenure: convincing the automaker’s powerful and often competing stakeholders that deeper restructuring is unavoidable. …

A wave of Chinese entrants into Britain's ‌car market is piling pressure on traditional manufacturers, forcing them to offer deeper discounts to compete with lower-cost imports, the head of the country's main automotive industry body sai …

DB Cargo Automotive and Stellantis have reorganised their European vehicle logistics network around a smaller number of high-volume rail corridors and regular shuttle services. …

Europe's automotive supply chains have largely weathered this summer's crushing heatwave, avoiding the major production disruptions that some had feared. …

German car manufacturer BMW is cutting thousands of jobs by the end of 2027 through a voluntary redundancy program, a corporate spokesperson told POLITICO. …

Chinese automakers are capturing European market share far faster than industry analysts predicted, prompting sharp upward revisions to long-term forecasts. …

Volkswagen's premium brand Audi must work with the group towards a comprehensive restructuring, the subsidiary's finance chief said on Monday, after reporting a weak second quarter ​hit by falling sales in China and the United States. …

Before a new vehicle reaches production, an automaker has to decide how every part will be held, protected and shipped. That's often true for hundreds or thousands of components, and frequently before suppliers are even confirmed. …

Volkswagen Group CEO Oliver Blume is demanding the European Union rapidly impose higher tariffs on Chinese plug-in hybrid cars after they captured nearly a third of Europe’s PHEV market in the first half at the expense of established pla …

In response to rising geopolitical tensions around the world, NATO allies in 2025 committed to increasing defence spending to 5% of GDP by 2035. …

 Volkswagen Group revised down its revenue forecast for 2026 after its operating profit slumped in the second quarter amid costly U.S. tariffs and intensifying competition from China. …

The market continued to benefit from robust consumer demand for a range of electrified technologies, driven primarily by market support measures. …

When Ford ended its contract with Jack Cooper early in 2025, and General Motors followed weeks later, the collapse of a carrier that had hauled GM's vehicles for close to a century read like an isolated incident. …

Chinese brands captured a record 10.9 percent share of Europe’s new-car market in June, with sales surging 118 percent to 150,272 as plug-in hybrids and full hybrids drove growth. …

Nearly half of the approvals under Germany’s electric vehicle (EV) subsidy scheme have gone to households in the programme's lowest income bracket, business daily Handelsblatt reported citing government data. …

The works council ​of German carmaker Volkswagen said ‌on Friday it will host extraordinary staff assemblies in August with CEO Oliver Blume, giving ​workers the opportunity to grill ​him on plans threatening up to 140,000 ⁠jobs. …

Volkswagen Group’s plans for sweeping restructuring demonstrate how Germany’s automakers and suppliers are shrinking operations to remain profitable as global growth slows, markets fragment regionally and Chinese competition intensifies. …

Volkswagen may need to cut about 50,000 extra jobs to keep up with ‌rivals in an increasingly fierce car market, its CEO told staff in an internal memo, effectively confirming for the first time that the automaker is looking to reduce up …

The ‘positive’ impact of the EU’s EV tariffs:Made-in-China cars dropped to 17% of BEV sales (Q1 2026, EU) down from a peak of 22% in 2024 (activation of EV tariffs). Volumes have stabilised around 350k units. …

Volkswagen Group is weighing a strategic reversal: building vehicles designed for China at underused German factories, a move that could preserve jobs but upends the automaker’s regional product strategy. …

 Volkswagen Group plans to drastically cut its model lineup and further pare back capacity, as Europe’s largest automaker considers a far-reaching overhaul that sources say could cost around 100,000 jobs. …

Global demand for electric vehicles rose ​for a fourth straight ‌month in June, driven by strong growth in Europe as sales ​weakened in China and North ​America, data from consultancy Benchmark ⁠Mineral Intelligence showed on ​Friday. …

According to data from the Chinese Manufacturers’ Association (CAAM), 58.5% of all new car sales in June were battery-electric vehicles (BEVs), plug-in hybrids (PHEVs), and fuel cell vehicles. …

The cheapest way to ship a car from China to Europe depends entirely on how many units you're moving — and most dealers only discover the wrong answer after they've paid for it. …

In May, General Motors (GM.N), opens new tab marked a rare milestone for a foreign automaker in China, selling more than 10,000 of its new Buick Electra E7 in the first month. …

Logistics is a crucial enabler of Northern Ireland’s economy and, with the right policies in place, the sector can play an even greater role in driving growth and resilience. …

 The European auto industry is in the midst of a fierce debate over local-content rules to counter the threat from low-cost Chinese cars, but just a few miles across the Strait of Gibraltar from southern Spain, Renault Group has pre …

The uplift was driven entirely by electrified vehicles as the market continues to evolve, thanks to ongoing manufacturer investment in a wide choice of models and powertrains providing lower and zero emission mobility, as well as an expa …