China’s passenger car market just posted its 10th straight monthly decline in July 2026, with domestic sales down roughly 20% year-on-year to about 1.47 million units. Meanwhile, the country’s car exports nearly doubled, jumping nearly 90% year-on-year to close to…
Audi is reconsidering the fate of its iconic 2.5-liter turbocharged five-cylinder TFSI engine, which was previously slated for extinction under tightening emissions rules. The decision follows comments from Audi Sport boss Rolf Michl, who confirmed to Autocar that evaluations are…
Volkswagen AG is accelerating cost-cutting measures that now extend to its majority ownership of truck maker Traton SE. The German automaker, which currently holds an 87.5% stake in Traton—valued at €16.6 billion ($19.1 billion)—plans to reduce its holding to 75%…
The UK new-car market has flipped the script on transmissions: automatic gearboxes now dominate to an unprecedented degree. Fresh registration data shows that 92% of all new cars ordered in Britain this year came with automatic transmissions, while only 7.9%…
Volkswagen reportedly plans to build a pickup truck in the United States before the end of the decade, according to reports from Germany. This move could help the company crack a lucrative market it hasn’t been part of for decades.…
Volkswagen is reportedly planning to build a pickup truck for the US market as part of its efforts to strengthen its position in North America. The company has been considering bringing a pickup to the US for years, having previously…
Volkswagen’s majority owner, Porsche Automobil Holding SE, is urging the company to rapidly cut costs and excess capacity to tackle a slide in competitiveness. According to Hans Dieter Pötsch, Porsche SE Management Board Chairman and VW’s supervisory board head, Volkswagen…
Two former Volkswagen engineers, Michael Stamp and Marcus Plank, have pleaded not guilty to conspiracy and securities fraud charges related to alleged insider trading on a $5 billion joint venture between Volkswagen and Rivian Automotive. Prosecutors claim the defendants made…
Rivian Automotive Inc. has reported a second-quarter adjusted EBITDA loss of $379 million, which is better than analysts’ expectations of a $548 million deficit. The company’s revenue was $1.66 billion, exceeding estimates of $1.52 billion. Rivian has attributed the improved…
BMW has announced plans to eliminate approximately 8,000 positions worldwide by the end of 2027, representing about 5% of its roughly 154,000-strong global workforce. The cuts are primarily targeted at white-collar roles in Germany, with production staff explicitly excluded. Instead…