With Tesla in its sights, Volkswagen prepares to power up its own EV-charging grid
The automaker expects its fast-chargers to number about 45,000 by 2025, and is doubling the staff in its energy division to do it.
German auto giants place their bets on the underdog: Hydrogen cars
Germany is betting billions on hydrogen fuels in sectors like steel and chemicals to meet climate targets, but it could take years before any significant sales are made.
Smart cars, not electric vehicles, are the 'real game-changer,' Volkswagen CEO says
His statements make clear that software services for autonomous cars may be a key pillar of the group's future business.
A viral video and online furor: How Volkswagen stalled in China
After a clip showed the firm's flagship sedan doing poorly in an unofficial safety test, sales in the world's biggest car market began to take a hit.
How low can you go? Volkswagen throws down the emissions gauntlet
The German carmaker is betting it can absorb more stringent cuts than its rivals, sources familiar with the matter have said.
Toyota's March global sales hit record on U.S. and China recovery
Toyota's global sales and output rose for the seventh straight month on a year-on-year basis as it manufactured 843,393 vehicles in March, up 31.6%.
Volkswagen takes aim at Tesla with own European gigafactories
The world's No. 2 carmaker said on Monday it wants to have six battery cell factories operating in Europe by 2030.
When the fantasy of better battery science doesn’t match reality
The technical challenges of making better batteries (and therefore, electric vehicles) are enormous and the expectations associated with them are even more fantastical.
Bankers love their Porsche 911s. So let them buy shares.
While Porsche’s margins aren’t quite as stellar as Ferrari’s, in 2019 it supplied the VW group with a more than ample 4.2 billion euros of operating profit.
Toyota hikes full-year outlook as third-quarter net profit soars
The pandemic has taken a heavy toll on the global auto sector but demand recovered swiftly in the second half of last year.
Mazda expects chip shortage to cut February global output by 7,000 cars
Mazda Motor Corp. said Thursday its global production will be cut by 7,000 vehicles in February from its initial plan, as it will not be able to procure enough chips for key safety and environmental technology amid a global shortage. The automaker will review its ...
Toyota group tops global auto sales in 2020 for first time in five years
The firm's global annual sales recovered in its main markets such as China and the United States from the fall, posting increases for three consecutive months from October, it said.
