By bno - Taipei Bureau Volkswagen is considering allowing Chinese carmakers to take over its surplus production lines in Europe as it faces declining demand and increasing competition from the same companies looking to expand their presence in the region.
Volkswagen may have an answer to its China woes in the form of a joint venture with XPeng, a Chinese automotive manufacturer. The two companies are working on new architecture that will underpin VW’s Chinese EVs. The first models should hit the market in 2026, and at least one will be an SUV.
The company kickstarted development of China Electronic Architecture (CEA), a joint project of Volkswagen China Technology Company, Volkswagen's software unit CARIAD and XPENG. The CEA will develop a highly modern and cost-efficient electrical architecture that will be used in their vehicles from 2026.
China is said to be eyeing up German unwanted car factories, in a bid to grow its influence within the heart of European manufacturing. Chinese officials and automotive industry players are reported to be particularly interested in buying Volkswagen sites ...
All Porsche and Audi EVs are currently built outside the US, making them particularly exposed to an increase in tariffs. The Audi Q5 is built in Mexico, while Porsche EV models are produced in Europe.
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,
Continent's biggest automotive producers having been struggling to comply with emissions mandates and offsetting gains of cheaper Chinese electric vehicles.
Toyota, the well-known Japanese automobile giant, has a reason to celebrate at the beginning of 2025 as it continues to be the world's largest car manufacturer. This is the fifth consecutive year that the brand has taken the top spot by leaving the other giants behind like the Volkswagen Group.
Volkswagen pointed to a ‘challenging EV climate’ as the reason why its electric sedan will no longer come to the U.S. and Canada. Two years ago, Volkswagen debuted a prototype of its ID.7, the sixth model in its lineup of electric vehicles,
Meanwhile, Lexus also booked an all-time sales record with deliveries up 3.3 percent to 851,214 vehicles in 2024. This was led by North America with a 6.7 percent gain (355,606 vehicles)—42 percent of its global sales volume. China was second.
The EU promised Thursday an "action plan" to help the bloc's beleaguered auto sector as it held talks with industry leaders who have sounded the alarm over emissions fines and Chinese competition. The European Union is under pressure to help a sector that employs 13 million people and accounts