The German carmaker held its outlook steady and said it would buy back more than $2 billion in shares, as sales of its high-end models improved.
Author: MELISSA EDDY
Europe’s Extreme Summer Weather Could Cost It Billions
Heat waves and flooding could cost the European Union $50 billion in damage to buildings and crops as well as a loss of productivity, a new study found.
At IAA Mobility Car Show in Munich, the German Automakers Feel Optimistic
The spotlight at the Munich auto show this year is swinging back to BMW, Mercedes and Volkswagen after previously focusing on Chinese automakers.
A Move to the U.S. to Avoid Tariffs? There Are Trade-Offs.
Bizerba, a German company that makes industrial slicers for Subway, is thinking about shifting production to the United States, if it can overcome the challenges.
Germany to Spend Record Amount on Its Military and Infrastructure
The increase was announced hours before a NATO meeting during which member countries are expected to agree to raise military spending to 5 percent of their G.D.P.
Tesla Sales Fall in Germany and U.K. to Lowest Point in 2 Years
Demand for the U.S. automaker’s vehicles slid amid stronger competition from Europe and China and rising anger at Elon Musk’s political forays.
Europeans Shun Tesla, Even as Electric Vehicle Sales Rise
Demand for the U.S. auto maker’s vehicles slid amid stronger competition from Europe and China and rising anger at Elon Musk’s political forays.
Swedish Battery Maker Northvolt Collapses, a Blow to Europe
The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals.
Volkswagen’s Profit Under Pressure From Tariffs and Competition
The German auto giant’s earnings fell last year as it pushed ahead with a restructuring in the face of tariff uncertainty in the United States and lost market share in China.