Subscribe
Automakers

VW Group boosts revenue as U.S., Europe offset China slide

VW ID7 Shanghai show 2023
VW hopes new EVs such as the ID7 will bost its China business. The ID7 debuted at the Shanghai auto show. (REUTERS)
Wr
By:
Wire reports
May 04, 2023 07:49 AM

Volkswagen Group reported increased first-quarter revenue after strong demand in the U.S. and Europe helped to offset a slide in sales in China.

Featured Stories

Nvidia sees trillion-dollar opportunity in further embedding its AI tech in auto industry
Nvidia sees trillion-dollar opportunity in further embedding its AI tech in auto industry
GM, Nvidia expand partnership using AI in future vehicles, on factory floor
GM, Nvidia expand partnership using AI in future vehicles, on factory floor
Brakes go electric: First by-wire systems coming soon from ZF, Brembo
Brakes go electric: First by-wire systems coming soon from ZF, Brembo
Trump forces carmakers to wrestle with shifting math on North American plants
Trump forces carmakers to wrestle with shifting math on North American plants

Latest News

Nvidia sees trillion-dollar opportunity in further embedding its AI tech in auto industry
GM, Nvidia expand partnership using AI in future vehicles, on factory floor
Daily 5 report for March 18: Another EV game-changing technology emerges from BYD. What’s next?
Stellantis working with suppliers, dealers ahead of April 2 tariff deadline
Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Honda to buy hybrid batteries from Toyota’s $13.9B N.C. complex as tariff workaround, report says
Top 5 Canadian auto stories this week: Ottawa warns automakers; B.C. cuts Tesla; tariffs target production; more
Top 5 stories of the week: Nissan’s new CEO; metals tariffs take effect
Kenichi Kawaji named new Mitsubishi Canada CEO
Staying current is easy with newsletters delivered straight to your inbox.