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.
Electric Vehicles May Become Harder to Rent
Rental car firms are offering temporary deals on electric cars, which they are selling after they lost value more quickly than expected.
The Big Number: $5 Billion
The amount Volkswagen said it planned to invest in the electric vehicle maker Rivian.
Volkswagen Will Invest Up to $5 Billion in EV Maker Rivian
VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.
Car Deals Vanished During the Pandemic. They’re Coming Back.
Automakers and dealers are starting to offer discounts, low-interest loans and other incentives to lure buyers as the supply of cars grows.
U.A.W. Effort to Organize Mercedes Workers in Alabama Has High Stakes
Southern political leaders say a win for the United Automobile Workers would threaten their economies. Activists want to strike a blow against a system they say exploits the poor.