BMW AG’s carmaking profits will lag well below its long-term targets this year, weighed down by escalating trade tensions ...

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 ...

If local governments lowered their taxes, carmaking companies would have fewer costs, thus boosting the industry, Zuppi argued Argentina's automotive sector saw significant growth last month, with ...

The U.S. will increase its planned 25% tariffs on Canadian steel and aluminum to 50%, President Trump said on Truth Social on Tuesday, in response to [Ottawa’s retaliation to U.S. tariffs]( ...

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 ...