German carmaker BMW reported a 3% fall in annual profit today, despite US tariffs and cutthroat competition in China, far smaller than the double-digit plunges seen at rivals. Net profit in 2025 fell ...

Volkswagen job cuts target 50,000 roles as profits fall 44% amid China competition, U.S. tariffs, and EV transition ...

The VLE will launch on our side of the pond with 272 horsepower and a stretched wheelbase.Mercedes-Benz has pulled the sheet back on its latest electric model, and it's a big one.The VLE is a one-box ...

Volkswagen CEO Oliver Blume noted that the layoffs will form part of a broader effort to restore competitiveness and improve profitability after a difficult financial year.

Europe's largest carmaker faces significant workforce restructuring amid declining profits and challenging market conditions ...

Volkswagen CEO Oliver Blume said in a letter to shareholders, "In total, around 50,000 jobs are due to be cut by 2030 across the Volkswagen Group in Germany.", Companies, Times Now ...

By Rachel More and Ilona Wissenbach BERLIN, March 11 (Reuters) - Porsche's new CEO announced plans on Wednesday to draw on high-margin sports cars, such as the iconic 911, to recoup losses from a ...

Porsche is reportedly considering replacing both the Taycan and Panamera with one flagship sport sedan offered with gasoline, plug-in hybrid, and fully electric powertrains. The move could cut ...