The writer is the chief financial officer and chief operating officer of Volkswagen Group. Europe’s automakers face mounting problems. For over a decade, an industry historicall ...

Europe's carmakers, already battling stiff competition from Asia and a costly transition to electric cars, were dealing with ...

Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit ...

The U.S. and Europe have a new trade deal that includes 15% import tariffs on many European goods, including cars. That is ...

The struggling sector remains concerned over long-term impact as 15% tariff far exceeds previous baseline rate of 2.5%.

German auto companies embraced greater clarity but warned that even the lower rate of tariffs agreed between Brussels and ...

The German automaker said U.S. import duties erased about $1.5 billion from its profit in the first half of the year, and it ...

Tesla is no longer the EV king of Europe. After dominating sales charts for years, the American automaker has slipped to ...

President Trump’s auto tariffs have riddled Volkswagen, which said it was hit with a $1.5 billion profit dent after the onset ...

(CNN)– Tariffs on imported cars and auto parts are taking a toll on Volkswagen. Europe’s largest carmaker says it lost ...