German sports car maker Porsche delivered 8% fewer vehicles globally in the first quarter, it said on Tuesday, hit by declining demand in China and Europe.
Volkswagen DE0007664039 muss rund 370 Mitarbeiter, deren Vertrag eigentlich Mitte April auslaufen sollte, in eine unbefristete Festanstellung übernehmen.
Volkswagen's Audi is holding back cars that arrived in U.S. ports after April 2 because of the newly imposed 25% autos tariff, a spokesperson said on Tuesday, confirming the contents of a memo sent to dealers and reported on by U.S. trade publication Automotive News.
China's Horizon Robotics announced on Monday that it would cooperate with Volkswagen on advanced driver assistance solution, extending its co-operation with the German automaker.
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