To overcome production bottlenecks, the argument goes, why not repurpose manufacturing capabilities of Germany’s famed, but ...

German automotive supplier ZF Friedrichshafen plunged to a 1 billion euro ($1.1 billion) loss last year as it set aside ...

Volkswagen’s Audi luxury brand has announced it will cut thousands of jobs over the next few years, in the latest sign of ...

The cut represents 8% of the carmaker's global workforce. It is the latest blow to the German automotive industry, which is ...

Premium carmaker Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing "immense challenges" as the country's ...

Adolfo Urso praises Berlin’s decision to slash ‘two taboos in one fell swoop’ — on debt and on military spending ...

Volkswagen's openness to entering the defense industry could mark a significant shift for the company, traditionally focused ...

The cuts at Audi bring layoffs currently planned across the Volkswagen Group to just under 48,000: VW has unleashed a cost-cutting programme involving 35,000 job cuts, Porsche plans to cut 3,900 jobs, ...

Volkswagen reported a 15% decline in annual operating profit YoY, citing rising costs and expenses related to ongoing ...

The German auto giant’s earnings fell last year as it pushed ahead with a restructuring in the face of tariff uncertainty in ...

China has emerged as a major threat to Germany's car industry and is also putting the chemicals and engineering sector under pressure.

Ford is planning to invest up to €4.4bn ($4.8bn) into its German subsidiary, Ford-Werke, to revitalise and increase the ...