Crisis-hit VW eyeing plant closures, deep pay cuts: report
Frankfurt (Germany) (AFP) - Volkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ...
Thursday, May 1, 2025
Tag: automotive industry
New models help Renault maintain sales in third quarter
Paris (AFP) - Renault said Thursday it managed to post an increase in third quarter revenue, weathering the overall slowdown ...
Wolfspeed and ZF put German chip factory on ice
Berlin (AFP) - US chipmaker Wolfspeed and the auto supplier ZF have put plans for a semiconductor factory in Germany ...
Volvo Cars cuts sales forecast on market headwinds
Stockholm (AFP) - Sweden's Volvo Cars on Wednesday drastically cut its sales forecast for the year, saying car markets in ...
Strong auto prices lift GM results as it eyes China revamp
New York (AFP) - General Motors reported strong earnings Tuesday on robust pricing as the Detroit giant said it was ...
Hyundai Motor India shares dip on debut after record IPO
Mumbai (AFP) - Hyundai Motor had a lacklustre Indian market debut on Tuesday after raising $3. 3 billion in the ...
Stellantis workers march in Italy over production slump
Rome (AFP) - Thousands of striking Stellantis workers protested in Rome on Friday over temporary layoffs and production stoppages in ...
EVs seek to regain sales momentum at Paris Motor Show
Paris (AFP) - European and Chinese automakers faced off at the Paris Motor Show on Monday as they seek to ...
Automaker Stellantis says CEO will retire in 2026
New York (AFP) - The struggling auto giant Stellantis said late Thursday that its CEO Carlos Tavares will retire in ...
As EU targets Chinese cars, European rivals sputter
Paris (AFP) - As the EU seeks to put a brake on competition from Chinese electric cars, European automakers are ...
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