Volkswagen’s Woes Reflect a Stagnant German Economy
Germany’s largest automaker rode a wave of strong sales for years, but lagging demand and pressure from China are forcing it to consider layoffs.
Volkswagen’s Woes Reflect a Stagnant German Economy
Germany’s largest automaker rode a wave of strong sales for years, but lagging demand and pressure from China are forcing it to consider layoffs.
Chinese Automakers’ Answer to E.U. Tariffs: Build in Europe
BYD, which leads China’s electric vehicle sector, is constructing a plant in Hungary while its Chinese rivals expand through joint ventures in Europe.
Battery Maker Northvolt to Cut Costs as E.V. Demand Slumps in Europe
The Swedish battery manufacturer said it would eliminate jobs and seek partnerships as it grapples with competition from China.
Volkswagen Considers Closing Plants in Germany
For the first time in its 87-year history, the automaker is considering shuttering factories in Germany, citing the need to remain competitive.
Tesla’s Nordic Shareholders Seek to Promote Workers’ Rights in Vote
Tesla mechanics in Sweden have been striking for six months with little movement from their employer. Nordic shareholders hope to change that.
What to Know About Europe’s Extra Tariffs on Chinese Electric Cars
The tariffs have been expected for months, but many European automakers warned they will drive up prices for consumers and set off a trade war with China.
E.U. Hits Electric Vehicles From China With Higher Tariffs
Leaders in Brussels are trying to curb China’s dominance in the industry, but European automakers fear the taxes will drive up prices and lead to a trade war.
Tesla’s Troubles Raise Questions About Its Invincibility
As the share price plunges, investors wonder whether the company, led by Elon Musk, can withstand intensifying competition.
Tesla Halts Production in Germany After Suspected Arson
Police believe the blaze at a high-voltage power pylon had been deliberately set, amid turmoil over the automaker’s plans to expand its assembly plant near Berlin.