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Profits are in a tight squeeze as the world's second largest carmaker battles with fierce competition in China, the billion ...
BYD’s Atto-3 electric sport utility vehicle in Frankfurt. So far, the vast majority of BYD cars are sold in China. But the company is looking to expand, particularly in Germany.
More than three years after the car transport ship MV Felicity Ace sank with thousands of new cars on board, a German court ...
Germany will introduce a “depreciation allowance” for electric company cars. Drivers of expensive zero-emission company cars also benefit from tax deductions. The goal is to boost EV sales ...
Volkswagen drew international attention after committing €60 billion (roughly $60 billion) toward advancing combustion engine ...
Germany has suffered a “spectacular” drop in electric car sales as the European Union faces growing calls to delay its net zero vehicle targets. The European Automobile Manufacturers ...
Once the pride of the nation, Germany’s car industry is reeling from an annus horribilis of poor sales, job losses and the ...
German car giant Volkswagen is set to increase its stake in electric vehicle maker Rivian with a planned second payment of $1 ...
FRANKFURT, Germany – Sales of new cars fell in Germany in November 2023, official data showed on Dec 5, dragged down by plummeting demand for electric vehicles as government incentives ran out.
Every year, billions of euros are spent in Germany to subsidize polluting company cars running on internal combustion engines. The state funds seem to be slowing the transition to electric mobility.
For decades, car-making has been the jewel in Germany's industrial crown, a powerful symbol of the country's famous post-war economic miracle. Its "Big Three" brands, Volkswagen, Mercedes-Benz ...
For decades, car-making has been the jewel in Germany's industrial crown, a powerful symbol of the country's famous post-war economic miracle. Its "Big Three" brands, Volkswagen, Mercedes-Benz ...