BMW AG’s carmaking profits will lag well below its long-term targets this year as sales in China slump and escalating trade tensions threaten US deliveries.
The German manufacturer expects an automaking margin of between 5% and 7% this year, after the measure fell to 6.3% in 2024, ...
German automotive supplier ZF Friedrichshafen suffered a loss of more than €1 billion ($1.1 billion) in 2024, in the latest bad news to come out of the country's vital car industry. "2024 has shown ...
The cut represents 8% of the carmaker's global workforce. It is the latest blow to the German automotive industry, which is ...
GM and Nvidia will also make “digital twins” of real assembly lines to improve automotive plant design and operations and ...
Audi announced on Monday that it will cut 7,500 jobs in Germany, citing "immense challenges" as the country's auto industry battles slowing demand for electric vehicles and rising competition from ...
Simply sign up to the UK energy myFT Digest -- delivered directly to your inbox. Kemi Badenoch’s rejection of the 2050 net ...
Three Asian countries make their pitch ...