German car giant Volkswagen has admitted it has fallen behind its competitors in the global market. Dieselgate has taken its toll, and the advent of EVs and strong competition from the Chinese have ...

These are the cars that drove their makers deep into the red. Most emerged unscathed from their billion-dollar blunders, but one did not ...

The Japanese carmaker plans to tap the local supply chain, logistics network and talent pool to produce Lexus-branded EVs from 2027 Shanghai has taken a big step towards reclaiming the title as the ...