Monica Raymunt
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VW Weighs First-Ever Car Plant Closing In Europe To Cut Costs
Volkswagen AG lowered its forecast for operating return in 2024, citing implications of a potential plant closure in Belgium and unplanned expenses that dampened second-quarter results.
- Monday September 2, 2024
- Author: Monica Raymunt
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Volkswagen Sees Sales Slowing As Car Industry Struggles
Volkswagen AG shares fell after the carmaker said sales growth will slow this year as the auto industry grapples with slumping demand for electric vehicles and intensifying competition.
- Friday March 1, 2024
- Author: Monica Raymunt
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Aston Martin’s Valkyrie Car Comes With $450,000 Service Tab
Owners may choose a slightly cheaper service plan, which brings down the cost $340,000 over three years.
- Friday February 23, 2024
- Author: Siddharth Philip, Jamie Nimmo, Monica Raymunt
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Europe Is Being Forced To Reboot Its Car Industry
An ‘Airbus of autos’ is one of the ideas being floated to help Europe’s carmakers fend off existential threats.
- Tuesday February 20, 2024
- Author: Albertina Torsoli, Stefan Nicola, Monica Raymunt
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Germany’s Dream of 15 Million Electric Vehicles Is Fading Away
Standing at the front of the room at an auto industry association’s new year reception in Berlin this week, BMW CEO Oliver Zipse had reason to feel vindicated.
- Saturday February 3, 2024
- Author: Christoph Rauwald, Wilfried Eckl-Dorna, Monica Raymunt
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Germany’s Dream of 15 Million Electric Vehicles Is Fading Away
Standing at the front of the room at an auto industry association’s new year reception in Berlin this week, BMW CEO Oliver Zipse had reason to feel vindicated.
- Saturday February 3, 2024
- Author: Christoph Rauwald, Wilfried Eckl-Dorna, Monica Raymunt
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Porsche’s Second EV Is Two Years Late — And Key To Its Future
Porsche AG unveiled the electric Macan, its long-delayed first battery-powered sport utility vehicle, just as the EV market shows signs of cooling.
- Friday January 26, 2024
- Author: Monica Raymunt, Hannah Elliott
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Porsche Investors Lose Hope Of A Supercar Stock To Rival Ferrari
While Ferrari shares have soared more than 50% since the start of last year, Porsche has declined by about a fifth.
- Wednesday January 24, 2024
- Author: Isolde MacDonogh, Jan-Patrick Barnert, Monica Raymunt
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No One Wants Used EVs, Making New Ones A Tougher Sell Too
Poor demand risks profits at automakers and leasing firms.
- Saturday December 23, 2023
- Author: Monica Raymunt
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Mercedes, Volkswagen Brace For Tougher Times As Margins Fall
Mercedes-Benz Group AG sees carmaking margins at the low end of its forecast due to rising costs and a weaker global economic environment.
- Thursday October 26, 2023
- Author: William Wilkes, Monica Raymunt
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Porsche Design Head Says Chinese EVs Spur Edgier Car Concepts
After nearly twenty years of designing Porsche 911s and Cayennes, Michael Mauer says new competitors led by EV brands from China are making managers and designers in Germany more receptive to risky vehicle concepts.
- Sunday October 22, 2023
- Author: Monica Raymunt, Benedikt Kammel
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Porsche Design Head Says Chinese EVs Spur Edgier Car Concepts
After nearly twenty years of designing Porsche 911s and Cayennes, Michael Mauer says new competitors led by EV brands from China are making managers and designers in Germany more receptive to risky vehicle concepts.
- Sunday October 22, 2023
- Author: Monica Raymunt, Benedikt Kammel
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Tesla And China Risk Leaving Volkswagen On A Road To Nowhere
Automotive powerhouse is under pressure to step up its electric-vehicle strategy, and fast.
- Monday September 11, 2023
- Author: Monica Raymunt, William Wilkes, Stefan Nicola
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VW Turns To Design To Sharpen Model Lineup As EV Sales Struggle
Volkswagen AG is adding improved design to a string of changes aimed at enticing more buyers as sales of electric models in China flag and competition intensifies.
- Monday September 4, 2023
- Author: Monica Raymunt
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VW Turns To Design To Sharpen Model Lineup As EV Sales Struggle
Volkswagen AG is adding improved design to a string of changes aimed at enticing more buyers as sales of electric models in China flag and competition intensifies.
- Monday September 4, 2023
- Author: Monica Raymunt