The Latest Breaking News from Handelsblatt

It’s only been a few weeks since the Mercedes CEO was brutally honest about his prediction for where Europe’s car industry is headed. Speaking with German business newspaper Handelsblatt, Ola Källenius said the EU needs a “reality check” to avoid “heading at full speed against a wall” and even "collapse."…

With four independent motors and a synthesized G-Roar mimicking a burbly V-8, you’d think G580s would be flying out of showrooms.

European headlines reflect the response to the diplomatic shockwaves sent by the US and splits among leaders on defence spending and how the war in Ukraine should end

Volkswagen saw its electric car sales decrease by 2.7% in 2024 when Audi fell even harder, with EV deliveries declining by 7.8%. Demand for the VW Group's zero-emission models decreased by 3.4%, proving that the transition to an all-electric lineup will be bumpy. A new report indicates the two brands…

Right before Christmas, Volkswagen reached an agreement with German unions to reduce its workforce by over 35,000 people by 2030 through a "socially responsible reduction" program. This drastic decision is part of a broader plan to cut costs in the company's domestic market. Labor costs alone will be slashed by…

The two Volkswagen Group brands have never built cars in the U.S., but a combination of lower taxes and higher tariffs might change their mind.

Update: Added a statement from an Audi spokesperson.

Investors have become complacent about risk, Summers says, succumbing to the kind of exuberance that preceded the 2008 crash or the dotcom collapse.

Soaring costs, declining vehicle sales and problems in China are raising pressure on Oliver Blume to cede one of his two CEO jobs.