Browsing: Volkswagen

The EU is easing its 2035 combustion engine ban, revising emissions targets to protect automakers while maintaining long-term climate neutrality goals.

Porsche confirms early talks with Oliver Blume to end his CEO term in 2026 while he remains Volkswagen chief amid company leadership changes.

Tesla saw its seventh consecutive monthly decline in Europe as BYD surged with a 225 percent rise in EV registrations, reshaping the regional EV market.

Germany’s auto sector slashed 51500 jobs in a year as industrial employment fell 2.1 percent, driven by declining exports and rising operational costs.

Tesla’s sales in Germany and the UK dropped to their lowest levels in over two years in April, reflecting rising competition and backlash against Elon Musk.

Germany’s DAX surpassed 20,000 points, a record high, even as the country’s economy faces recession, job cuts, and political instability, reflecting strong investor confidence in global markets.

Tesla reports its first annual decline in deliveries, falling short of forecasts, as competition intensifies and Cybertruck demand struggles amid price cuts and incentives.

Olaf Scholz loses Bundestag vote, prompting early elections in February 2025, as CDU’s Friedrich Merz leads polls amid political instability and economic challenges in Germany.

German consumer confidence for December plummets to -23.3 amid fears of widespread job cuts by major companies like Volkswagen, Bayer, and Thyssenkrupp, increasing economic and political uncertainty.

The European Union moves ahead with tariffs on Chinese electric vehicles despite opposition from Germany, risking potential retaliation from China in the bloc’s biggest trade clash in a decade.