Topic

Electric Vehicles

Latest business news, analysis and developments related to Electric Vehicles, with a focus on Europe, Latin America and cross-Atlantic business.

21 articles

Volkswagen’s Major Shareholders Urge Swift Action to Restore Competitiveness

Volkswagen’s Major Shareholders Urge Swift Action to Restore Competitiveness

Volkswagen’s principal shareholders have intensified calls for decisive action to strengthen the automaker’s long-term competitiveness, backing management’s restructuring efforts as the company faces mounting pressure from rising production costs, slowing profitability and fierce competition from Chinese manufacturers. The debate comes at a critical moment as Europe's largest carmaker seeks to redefine its strategy for the coming decade.

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Germany’s Automotive Industry Faces Deep Restructuring as EV Transition and Global Competition Drive Job Cuts

Germany’s Automotive Industry Faces Deep Restructuring as EV Transition and Global Competition Drive Job Cuts

Germany's automotive sector is undergoing one of its most significant transformations in decades as manufacturers accelerate restructuring plans to adapt to electric mobility, intensifying competition from China and rising production costs. Thousands of jobs are expected to be affected as the industry shifts towards a new technological and competitive landscape.

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