Porsche CEO Oliver Blume has begun his dual role as the head of Volkswagen. Blume is taking over at a sensitive time for the German carmaker, as it tries to pull off a shift to...
Tesla has revolutionized the auto industry, building cars for the future even as legacy carmakers could barely take their eyes off the rearview mirror. But now Tesla’s days as the leader of the EV pack...
The Swedish startup has announced the German automaker will invest heavily in two new battery plants. The factories, located in Sweden and Germany, are intended to compete with Tesla and Asian suppliers. Northvolt, a Swedish...
Toyota has picked the region of Silesia in southern Poland as the site for a new car factory. As Europe turns its back on diesel cars, the rush is on for electric and hybrid cars...
Robust demand in China has become the engine driving growth at German auto maker Volkswagen (VW). Rising sales in the world’s biggest car market made VW shine in May, despite the dark clouds over Europe’s...
Volkswagen’s Beetle, Bulli and Gol brands have been a hit in Brazil for six decades. The German carmaker looks back on very successful business operations in the Latin American nation. The first 30 Volkswagen Beetle...
The German carmaker Volkswagen has announced it is expecting a difficult business environment this year, which will result in stagnating operating profit. But the company said sales and revenues would most likely rise. Germany’s Volkswagen...