Category: Volkswagen AG

Trump Auto Tariffs: How Major Car Brands Would Be Affected

The scale of the damage depends on the circumstances of each company’s supply chain.
Germany Says Europe Must Respond to Trump’s Auto Tariffs

The United States is a crucial export market for the German auto industry, which is already suffering from weak sales and increased competition from China.
Tariffs Could Give Tesla and Musk a Leg Up on Rivals

The company led by President Trump’s confidant Elon Musk builds all the cars it sells in the United States domestically and will be exempt from tariffs on finished vehicles.
Trump’s Tariffs on Autos Would Hit Europe Hard

The levies could hurt European automakers when the industry is already struggling, especially in Germany, Europe’s biggest economy.
Stocks Slump as Trump Tariffs Take Effect

The S&P 500 added to recent losses in early trading. German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially hard hit.
Stocks and Mexican Peso Slump as Trump Tariffs Take Effect

German automakers, many of which have plants in Mexico that make vehicles that are sold in the United States, were especially hard hit.
Trump’s Canada and Mexico Tariffs Could Hurt Some Carmakers

General Motors and a few other companies make as much as 40 percent of their North American cars and trucks in Canada and Mexico, leaving them vulnerable to tariffs.
Volkswagen Reaches Labor Deal, Avoiding Germany Plant Closures

The automaker agreed to keep all 10 of its factories in Germany open and to guarantee workers’ jobs until the end of 2030.
Automakers Thrived in the Pandemic. Many Are Now Struggling.

Changing technology, political turmoil and competition from China are cutting into profits and forcing carmakers to cut jobs and close factories.
Volkswagen Unions Begin Short Strikes and Threaten More

Workers at nine of the automaker’s German factories walked off their jobs for several hours, and warned they would escalate the action if their demands went unmet.
Volkswagen Says It Is Exiting China’s Xinjiang Region After 12 Years

VW and its joint venture partner, SAIC Motor, are transferring an assembly plant and test tracks after years of criticism from human rights activists.
Why Germany’s Economy, Once a Leader in Europe, Is Now in Crisis

The country is facing a second year of zero growth, with industry leaders gloomy and worried about potential tariffs from President-elect Donald Trump.