The German carmaker warned that it “must act quickly and decisively” to cut costs.
Category: Automobiles
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Volkswagen ‘Must Act Quickly’ After Largest Loss in Over a Decade
The New York Times – Business: -
GM Is Leaving NYSE for the Nasdaq After More Than 100 Years
The New York Times – Business:After more than 100 years on the New York Stock Exchange, the automaker is shifting its listing to the Nasdaq, which is home to many technology companies.
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Audi to Build Factory in Georgia, Trump Says
The New York Times – Business:The Volkswagen division, which imports all its cars from Europe or Mexico, has been hit hard by U.S. tariffs.
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Volvo Shares Plunge as China Ambitions Fade for Western Carmakers
The New York Times – Business:The Swedish automaker plans to cut another 2,500 jobs, joining competitors in offering a gloomy view of the world’s biggest car market.
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Tesla Profit Slumps as Elon Musk’s Car Company Considers Merging With SpaceX
The New York Times – Business:The carmaker, which is controlled by Elon Musk and is considering merging with another of his companies, SpaceX, spent heavily on artificial intelligence and other new technologies.
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After Welcoming China’s Electric Vehicles, This Country Is Paying the Price
The New York Times – Business:Thailand introduced subsidies and tax cuts to encourage electric vehicle adoption. Now it is trying to recalibrate, alarmed by the threat to its industrial landscape.
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Chinese Carmakers, Once a Sideshow, Take Center Stage at Paris Motor Show
The New York Times – Business:At this week’s Paris Motor Show, there are no signs the influx of low-cost Chinese vehicles will slow despite European Union efforts.
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Chinese Carmakers, Once a Sideshow, Take Center Stage at Paris Motor Show
The New York Times – Business:At this week’s Paris Motor Show, there are no signs the influx of low-cost Chinese vehicles will slow despite European Union efforts.
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Tesla Debuts 2026 Roadster, an EV Sports Car at Least $200,000
The New York Times – Business:Elon Musk’s company and other automakers, like Jaguar and Bentley, are trying to sell very expensive electric cars to people who usually prefer gasoline-fueled luxury and performance.
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Tesla Debuts 2026 Roadster, an EV Sports Car at Least $200,000
The New York Times – Business:Elon Musk’s company and other automakers, like Jaguar and Bentley, are trying to sell very expensive electric cars to people who usually prefer gasoline-fueled luxury and performance.