According to the CEO, sales ... Last year, Volkswagen lost its status as China’s number one automotive brand for the first ...

Volkswagen is considering drastic measures in Germany, including shutting three of its 10 factories, as it seeks to improve its financial situation.

Volkswagen is launching a new ID.3 model in China with an LFP battery pack as it looks to compete with lower-priced rivals. Chinese automakers like CATL and BYD dominate the LFP battery market ...

No dirty diesels here, just Australia’s first-ever plug-in hybrid, petrol-electric dual-cab ute, the BYD Shark 6. Beating the much-heralded 2025 Ford Ranger ... Let's find out. I'm calling it - the ...

BERLIN (Reuters) - Volkswagen's planned cost-cutting programme was unavoidable in order to remedy "decades of structural problems" at the German carmaker, CEO Oliver Blume said in an interview ...

To attract more foreign investment and advanced technology, Tesla opened its Shanghai factory in 2019 as the first wholly ...

"The weak market demand in Europe and significantly lower earnings from China reveal decades of structural problems at VW," Blume told Sunday paper Bild am Sonntag. The head of Volkswagen's works ...

Result? BYD claims the Shark 6 is faster than a Ranger Raptor in that it can scoot from zero to 100 in 5.7 seconds flat. That's pretty impressive stuff. You know the VW Golf GTI formula. Punchy engine ...

That newcomers like Tesla and BYD are already considered to be worth more than established automotive giants like Mercedes-Benz, BMW, Porsche, General Motors, Volkswagen and Ford shows just how ...