Trade union IG Metall is seeking a 5% pay increase in the forthcoming negotiations. Credit: Dmytro Stoliarenko / Shutterstock.com Volkswagen (VW) is considering a wage freeze for many of its global ...
China to cut VAT tax rebates on NEV exports. The Chinese government has announced that it plans to cut the value-added tax (VAT) rebate for exports of new energy vehicles (NEVs) in April 2027, as it ...
UK ZEV mandate should mirror the EU approach and timelines and include a 2035 timeframe. As EU legislators shape the Industrial Accelerator Act and the Automotive Package, and the UK Government ...
As part of its reset, the group reiterated a move towards offering hybrids and internal-combustion vehicles alongside battery-electric models. Credit: Tada Images / Shutterstock.com Stellantis will ...
Under the proposal, a designated quota of Chinese hybrid vehicles would enter the EU under standard terms. Credit: Tomas Ragina / Shutterstock.com China has rejected an EU request to voluntarily ...
Over the first nine months of 2026, group deliveries fell 9% globally to 6,011,000 vehicles. Credit: r.classen / Shutterstock.com Volkswagen Group’s global vehicle deliveries fell 14.3% in the third ...
VFTP will maintain its role as a direct subsidiary, focusing on VinFast’s core electric vehicle manufacturing in Vietnam. Credit: Marius Karp/Shutterstock.com. VinFast Auto has revealed a strategic ...
Automotive distributor Inchcape has announced that it has agreed to acquire a Volvo business in Peru and Costa Rica, and a Jaguar Land Rover business in Peru, both from Automotores Gildemeister. It ...
The transaction completes the committed debt financing outlined in the JV agreements disclosed in November 2024. Credit: Tada Images / Shutterstock.com US electric vehicle maker Rivian Automotive has ...
Rivian had 15,232 employees across North America and Europe at the end of last year. Credit: Trong Nguyen / Shutterstock.com Rivian is cutting fewer than 2% of its employees to bring costs under ...