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Volkswagen profit drops 20% in first quarter on lower sales
CNBC· 1 day agoGerman carmaker Volkswagen on Tuesday said its operating profit dropped by 20% in the first quarter...
European markets inch higher ahead of euro zone inflation, GDP data
CNBC· 1 day agoGerman luxury carmaker Mercedes-Benz posted a 30% annual drop in first-quarter earnings before...
Auto & Transport Roundup: Market Talk
The Wall Street Journal· 14 hours agoThe German carmaker reported an automotive net cash outflow of EUR3.03 billion that compares with consensus expectations of about EUR900 million,...
VW offers €900 million in buyouts to trim German payroll
Detroit News· 19 hours agoVolkswagen AG is offering €900 million ($936 million) worth of buyouts to its German employees to...
Volkswagen’s electric car orders double in Europe
CNN Business via AOL· 21 hours agoVolkswagen’s orders for electric vehicles shot up in Europe in the first quarter of 2024 compared with a year ago, countering suggestions that drivers...
DAX Dips Ahead Of Key Inflation, GDP Data
RTT News· 1 day agoGerman stocks fell slightly on Tuesday ahead of key euro zone inflation and GDP data due later in the day. Meanwhile, the German economy avoided recession ...
Mercedes-Benz to launch luxury electric van for Chinese market By Reuters
Investing.com· 6 days agoMercedes-Benz is planning to launch a luxury electric van for the Chinese market based on its VAN.EA...
Mercedes-Benz to stay firm on pricing following Q1 profit drop
Reuters· 1 day ago, opens new tab on Tuesday vowed to steer clear of entering a discount race, saying it would defend...
Musk deepens ‘hardcore’ job cuts at Tesla
The Telegraph via Yahoo Finance· 18 hours agoThe German car giant said profits for the first quarter fell by 22pc to €3.7bn (£3.2bn), down from €4.7bn a year earlier. However, Arno Antlitz, the ...
Tesla's California registrations down second quarter in a row, dealer data shows
Reuters via Yahoo Finance· 2 days agoStill, the company's Model Y crossover was the best selling new vehicle in California, the report...
