Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at straitstimes.com.

Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen's sites, a person with knowledge of Chinese government thinking told Reuters.

A new report claims Chinese carmakers are interested in buying Volkswagen's factories in Germany, but this could be only a pipe dream of a company in distress

Chancellor Olaf Scholz on Friday laid out his vision to secure the future of Germany's ailing economy at a campaign event in the historic home base of the crisis-hit auto titan Volkswagen. The embattled chancellor,

Tesla's market share also dropped to 1.3 percent from 2.2 percent, as the US electric vehicle maker shifted only 38,000 units in Germany.

Germany's longstanding automotive legacy and ... Chinese investors are reportedly considering not only Volkswagen’s facilities but also plants previously owned by Ford, Nissan, and other legacy ...

CFO Arno Antlitz, speaking to investors in New York on Tuesday, said that the cost-cutting deal struck with unions last December tackled the carmaker's problems of high labour costs and capacity underutilisation.

Volkswagen's deliveries fell last year, the German carmaker said Tuesday, underlining fierce Chinese competition and faltering demand for electric vehicles.

VW produces and sells vehicles around the world. Its Germanness is an important selling point, but the company is equally at home in China, Brazil and the US. Its dependence on foreign markets may soon come to bite.

Chancellor Olaf Scholz on Friday laid out his vision to revitalise Germany's ailing economy at a campaign event in the historic home base of crisis-hit auto titan Volkswagen. In front of a crowd ...

Chinese automakers and officials are showing interest in acquiring German factories slated for closure, including those owned by Volkswagen

It was just past 11 on a freezing December morning on the outskirts of Brussels, but already workers at the city's Audi factory were cracking open frosty cans of beer. They had just finished a long night shift - not on one of the production lines at a plant that has produced 8 million cars since 1949,