Audi's profits collapsed in 2024, as the Volkswagen subsidiary reported on Tuesday a 33% decline in after-tax profits to €4.2 billion ($4.6 billion). Audi - like many other car manufacturers - ...

Another global luxury automaker is cutting jobs after struggling to keep pace as the industry shifts to electric vehicles ...

In its business figures for 2024, the Volkswagen Group brand reports the industry-standard downward correction of around a ...

The first model, the Audi E concept, debuted last November. Mercedes-Benz is reportedly the latest luxury automaker that will use China’s EV smart tech. A Source with direct knowledge of the ...

BMW said newly imposed trade tariffs could dent the carmaker's earnings by 1 billion euros ($1.09 billion) this year, as ...

BMW is still getting crushed in China — and now has a brewing trade war to worry about too. The German carmaker reported on Friday that net profits had collapsed by more than a third last year ...

targeted at luring wealthy consumers away from premium foreign brands such as Mercedes-Benz and BMW. The Hangzhou-based unit of Geely Auto, mainland China’s second-largest carmaker by sales ...

Chinese electric vehicle maker Zeekr (ZK) will unveil a luxury model next month, targeted at luring wealthy consumers away from premium foreign ...

BMW is getting crushed in China as rivals like BYD squeeze out foreign carmakers. The German giant is fighting to turn things around, but now has a brewing trade war to contend with. The CEO said ...

BBMW said newly imposed trade tariffs could dent the carmaker's earnings by €1 billion this year, as escalating trade tensions between China, Europe and the US take a mounting toll on global companies ...