Volkswagen: Intensifying competition and weaker spending in China dragged VW’s luxury sports-car brand Porsche AG to its ...
BMW and Mercedes-Benz have seen their sales and profits drop significantly in China since the beginning of the year.
Mercedes-Benz has seen a 31% drop in global EV sales during the first three quarters of 2023, highlighting the challenge ...
South Korean owners of Mercedes-Benz’ EQE battery electric vehicles (BEVs) have filed a joint class action lawsuit against ...
German automaker Porsche said sales in China fell sharply in the first nine months of 2024 with an 29 per cent drop. The ...
The slump in China, the world's biggest car market, and the ongoing model revamp weighed on the overall result, with global ...
(Reuters) -Volkswagen Group on Friday reported a 7% decline in third-quarter global deliveries, showing how Europe's car ...
It would be possible to treat this statement quite coolly, stating: well, the competition, what did you want, who will offer ...
Volkswagen's car deliveries overall fell 7.1% on year to 2.2 million in the quarter, while deliveries in China fell 15%. The company blamed the high price discounts offered by competitors in the ...
Chinese electric vehicle companies are building new factories in Thailand and Brazil and opening showrooms in Zambia, Kenya ...
The automotive transition is proving to be a complex and non-linear component of the broader energy transition ...