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Keywords: Volkswagen
Morocco is preparing to enter a new phase of battery manufacturing as Gotion Power Morocco (GPM), the local subsidiary of Chinese battery producer Gotion High-Tech, prepares to commission production equipment at its gigafactory in Kenitra during the week of October 20, marking a major step in the country’s......
Volkswagen Group reported a significant decline in global vehicle deliveries in the third quarter, as weakening demand in China and softer performance across several major markets weighed on the German automaker’s results. The figures highlight the growing challenges facing the company as competition......
Electric vehicles are strengthening their position in the European automotive market, with sales reaching record levels during the first eight months of 2026. The increase reflects growing consumer interest in lower-emission transportation, supported by a wider selection of models and the arrival of......
Škoda is recalling around 1.7 million vehicles worldwide over a potential defect in the steering system that could, in some circumstances, lead to a loss of steering control. According to information recorded by Germany’s Federal Motor Transport Authority (KBA), around 370,000 vehicles......
Volkswagen Group and Chinese battery manufacturer Gotion High-tech are expanding their long-standing cooperation through three planned joint ventures in Spain, Slovakia and Morocco, as the companies seek to build a more integrated battery supply chain for the European electric vehicle market. The agreement......
Global automakers are increasing their focus on the US market as competition and economic pressures reshape the international automotive industry. The shift comes as manufacturers face weaker conditions in some major overseas markets, particularly China and parts of Europe, while the United States continues......
Volkswagen and Audi are recalling more than 2.1 million vehicles worldwide over a potential defect affecting the steering system, raising safety concerns for owners of several popular models. The recall involves a steering rack connection that could become damaged under certain conditions and, in the......
Europe’s automotive market is showing signs of renewed growth, but the latest figures also highlight the structural challenges facing traditional manufacturers as electric vehicles gain market share and Chinese brands expand their presence. According to data from the European Automobile Manufacturers’......
Volkswagen has lost its place in the Euro Stoxx 50 index, ending the German automaker’s roughly 15-year presence among the leading publicly traded companies in the eurozone. The change follows the latest annual review of the benchmark, which assesses companies according to factors including free-float......