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Two of Europe’s biggest auto manufacturers, Volkswagen AG and Stellantis NV, are pressuring the European Union to better protect the bloc’s troubled auto industry.

Volkswagen’s plans for a possible Audi factory in the U.S. aren’t progressing as U.S. tariffs add a burden and talks for local incentives haven’t yielded results, CEO Oliver Blume said.

Volkswagen ended up with more cash in its automotive division than forecast in 2025 as the German carmaker delays projects and investments as part of an overhaul of its EV strategy.

Volkswagen said it’s monitoring market developments and has reserved the range extender concept for its future EV platform.

The U.S. subsidiary of Volkswagen is aiming to create 1,200 jobs for its new headquarters. Scout also has a new $2 billion electric vehicle production factory in Blythewood, S.C.

International Motors sold 13,400 trucks and buses in the third quarter of 2025, a 57% decrease compared with 31,500 sales in the year-ago period, parent company Traton Group said Oct. 10.

Germany’s ruling coalition confirmed it will extend a tax exemption for new EVs as part of a broader effort to support the nation’s key car industry in the transition to more climate-friendly technologies.

Volkswagen AG is curbing volume and introducing temporary shutdowns at two German factories as demand for its electric vehicles grows more slowly than predicted.

Porsche and parent Volkswagen cut their outlook for the year, citing the sports-car maker taking a $2.2 billion hit to operating profit linked to pushing back the introduction of new EVs.

Volkswagen is facing delays to the launch of its electric Golf, a setback for the German carmaker that’s grappling with a major restructuring, according to people familiar with the matter.