Continental AG declined as the company embarks on a deep overhaul of its underperforming auto components business in a slowing vehicle market.

Daimler Truck Holding is not likely to achieve the 15% reduction in operating costs, investment and research and development expenditures it’s targeting by 2025, its deputy chairman said.

Volkswagen said its battery startup has seen positive results with solid-state cells for electric vehicles, a win for the carmaker as it pushes to make EVs more efficient and less expensive.

Volkswagen AG signaled it’s willing to push for job cuts at its namesake brand to reduce expenses and improve profitability.

Volkswagen AG is increasing investments in software and EVs to close the gap to Tesla and halt a decline in China just as the threat of a demand slowdown hangs over the automotive market.

Volkswagen AG missed its cash-flow target for the year after supply chain and logistics disruptions in recent months left the carmaker with unsold vehicles.

Volkswagen AG’s Traton SE expects profitability at its MAN and Scania brands to improve this year as the German truck maker cuts production costs following the bruising experience of the global supply chain crisis.

Volkswagen AG is overhauling its main factory in Germany to make two additional battery cars as Europe’s biggest automaker tries to get its electric shift back on track.

Volkswagen AG may tap Taiwan’s Foxconn Technology Group to make electric pickups and sport utility vehicles in the U.S., according to a person familiar with the matter

Europe’s energy crisis offers a hard lesson on the risks of focusing on one fuel source — in the case of the electric vehicle industry, battery cells, according to Markus Heyn, head of mobility services for Robert Bosch GmbH.