car industry

Volkswagen cuts 2024 outlook as car demand falters
Global Economy

Volkswagen cuts 2024 outlook as car demand falters

The lowered outlook is the latest from Germany's car giants, with Mercedes-Benz and BMW both downgrading their annual forecasts earlier this month as a result of weakening demand in China, the...

A Renault Arkana car is pictured at a dealership in Les Sorinieres, near Nantes, France, June 7, 2022. REUTERS/Stephane Mahe
Global Economy

Drivers face black or white choice to speed up new-car delivery

TBS Webinar: Prospects & challenges of car industry
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TBS Webinar: Prospects & challenges of car industry

Employees, separated by plastic hygiene protection, work at the A3 and A4 production line of the German car manufacturer Audi, amid the spread of the coronavirus disease (Covid-19) in Ingolstadt, Germany Photo: Reuters
Global Economy

Germany to up financial aid for cars sector - government sources

FILE PHOTO: Workers assemble a Tata Tigor car inside the Tata Motors car plant in Sanand, on the outskirts of Ahmedabad, India, August 7, 2018. REUTERS/Amit Dave/File Photo
Global Economy

India plans incentives for auto companies to boost exports - sources