German carmakers are increasingly turning to electric vehicles to master tough new emissions limits looming in the EU, but the shift away from internal combustion engines will entail years of lower margins and profits, cost ...
Automotive
Mar 20, 2019
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German chemicals giant BASF said Tuesday a restructuring, expansion and a worldwide economic rebound should help it to a stronger 2019, after its bottom line last year was battered by headwinds for vital customer industries ...
Business
Feb 26, 2019
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German car giant Volkswagen on Friday reported steady operating profit and rising revenues in 2018, but said its "dieselgate" emissions cheating scandal again inflicted one-off costs of 3.2 billion euros ($3.6 billion).
Automotive
Feb 22, 2019
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4
German car giant Volkswagen defied global headwinds for the industry to report soaring third-quarter profits Tuesday, emerging at least partly from the shadow of its "dieselgate" emissions cheating scandal.
Business
Oct 30, 2018
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Car sales slumped across Europe in September, industry data published Wednesday showed, with the hangover from a sales binge before new emissions tests came into force knocking Volkswagen out of its traditional top spot in ...
Automotive
Oct 17, 2018
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Volkswagen on Wednesday reported a leap in second quarter profit thanks to strong sales, but the German car giant warned that strict new emissions tests and global trade tensions posed "great challenges" in the months ahead.
Business
Aug 1, 2018
0
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