Volkswagen is considering closing some factories in its home country for the first time in the German automaker’s 87-year history.

Volkswagen says it's not getting the cost reductions that it needs - and won't rule out plant closings in its home country Germany.

Foreign automakers have been caught flat-footed in China by an electric vehicle boom that has shaken up the market over the last three years.

Shares in luxury automaker Porsche have risen on their first day of public trading.

German automaker Volkswagen is holding a share offering for a minority stake in its luxury division, Porsche.

Herbert Diess, the Volkswagen CEO whose image had been tarnished in the fallout from the German automaker’s emissions-cheating scandal, is stepping down.