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Volkswagen

Tesla falls behind BYD in some foreign markets

In April, BYD sold 13,000 electric vehicles in the UK, capturing over 7% of the market and rising to the top spot among British EV brands, surpassing Tesla, Volkswagen, Kia, and other international automakers.

07 May 2026-00:02
Volkswagen says tariffs cost $5.9 billion annually, CEO warns

Volkswagen AG has warned that tariffs are significantly impacting its profitability, with Chief Executive Oliver Blume estimating an annual operating profit hit of around €5 billion ($5.88 billion).

06 May 2026-12:56
BYD overtakes Tesla and Kia as UK’s top-selling EV brand in 2026

BYD has overtaken rivals including Tesla and Kia to become the best-selling electric vehicle brand in several key overseas markets, signaling a major shift in global EV competition.

06 May 2026-11:18
Audi Q9 launch moves forward despite Trump's 25% tariff threat

Audi Aktiengesellschaft is moving forward with plans to launch its flagship Q9 SUV in the United States this summer, despite growing concerns over potential tariff increases on European car imports.

05 May 2026-11:57
German car stocks fall after Trump raises auto tariffs

Shares of major German automakers fell on Monday after U.S. President Donald Trump announced a sharp increase in tariffs on car imports, raising duties to 25% from a previously agreed 15%.

04 May 2026-11:46
BYD Volkswagen talks signal new phase in global EV competition

Chinese electric vehicle giant BYD is in discussions with Volkswagen over a potential deal to take over part of the Dresden facility, widely known as the Transparent Factory.

04 May 2026-09:53
China's BYD eyes acquisition of part of Volkswagen’s Dresden plant

01 May 2026-10:34
Germany’s economic resilience amidst industrial crisis

Despite rising energy costs and uncertain export markets, Germany’s economy grew more than expected in the first quarter of 2026.

01 May 2026-08:14
Volkswagen struggles deepen as quarterly profit drops

Volkswagen’s future is at risk without additional cost-cutting measures, the struggling German automotive giant warned on Thursday, after reporting a sharper-than-expected decline in profits as mounting headwinds continue to pressure the company.

30 Apr 2026-13:22
Volkswagen unveils AI roadmap to power cars in China

Volkswagen Group has announced a new artificial intelligence strategy in China, aiming to equip its vehicles with advanced “agentic AI” systems starting in the second half of this year.

21 Apr 2026-16:17

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