Gernot Döllner, who is considered close to Volkswagen’s chief executive, Oliver Blume, will take over at the luxury brand starting Sept. 1.

The sportswear company, which cut ties with Kanye West over his antisemitic remarks, will donate proceeds from its $1.3 billion inventory of Yeezy-brand sneakers and…

Consumer spending and exports fell in the first three months of this year, adding to a slump in late 2022 in Europe’s largest economy.

The German automaker, which quit making cars in Russia after the invasion of Ukraine, said it sold its plant to a local auto dealership chain.

The annual rate of inflation reached 7 percent, but the underlying “core” rate eased for the first time in 10 months.

Some are expanding in China, reluctant to leave a huge market they need to finance operations back home.

The rate of inflation in countries using the euro slipped to 6.9 percent in the year through March, from 8.5 percent the previous month, but…

Berlin has been pushing to allow the sale of vehicles running on synthetic fuels past 2035. Its dispute with the E.U. threatened the bloc’s climate…

Berlin and Brussels are scrambling for a solution after Germany calls for allowing cars to run on synthetic fuels. The move could endanger the E.U.’s…

The German automaker announced a plan to accelerate its transition to battery-powered vehicles and bolster operations in China and North America.