MarkLines Automotive Information Platform

GlobalData blog: European light vehicle production and sales decouple as Chinese imports take off

te overall growth of the country’s LV market, underscoring just how difficult it has become for European OEMs to compete with local manufacturers. The Chinese market has certainly proven brutal for European OEMs in recent years, with some automakers being forced to reinvent their brands—such as AUDI, with four letters rather than its four rings, and JLR’s Freelander range—to better align with Chinese consumers and regain traction in the w...

News Updated at: 2026/03/23

Volkswagen Group annual conference 2026 Q&A: Strengthening cost efficiency while navigating regulatory and global market changes

y delivered significant cost improvements, including a 20% reduction in factory costs at our three largest German plants. However, our cost base in Europe remains too high. We must continue improving efficiency and competitiveness, particularly as competition from Chinese manufacturers increases. Q2. What about the plants, especially Osnabruck and Zwickau, except for three major plants? What is the outlook for the U.S. business, including Scout...

News Updated at: 2026/03/12

VW Group’s operating profit down 29.4% in Q2 2025, down 32.8% in H1 2025

VW Group’s operating profit down 29.4% in Q2 2025, down 32.8% in H1 2025 On July 25, VW Group announced its financial results for Q2 2025 and H1 2025. In Q2 2025, sales revenue decreased 3.0% to EUR 80.8 billion, and the operating profit was down 29.4% to EUR 3.8 billion. The Group’s earnings after tax decreased 36.3% to EUR 2.3 billion. Sales deliveries in Q2 were up 1.2% YOY to 2.272 million units. Regarding the 2025 H1 financial results, s...

News Updated at: 2025/07/25

Audi resists U.S. price hikes in July after 19% sales drop in Q2

Audi resists U.S. price hikes in July after 19% sales drop in Q2 On July 3, it was reported that Volkswagen’s Audi will not increase prices in the U.S. in July after its sales there fell 19% in the second quarter, the sixth consecutive quarterly decline. Audi cited a challenging economic environment as well as model changeovers for the drop. President Trump’s tariffs have raised costs for Germany’s export-oriented OEMs. Like Porsche AG, Aud...

News Updated at: 2025/07/04

Endurance Technologies, India updates about new business wins

w business was won from OEMs which did not include the Bajaj business. This business was from HMSI, TVS, Hero MotoCorp, Hyundai, Suzuki and Yamaha. This business will reach peak sales in FY22. For European operations, in the first six months, it has acquired EUR 10.83 million of new business from Audi, Maserati and Fiat Chrysler. This business will start from 2021 onwards. In 2021, it will also start supplies of brake assemblies, suspensions,...

News Updated at: 2020/12/02

Asahi Kasei’s Dinamica used in automotive interior surfaces

m elastic and resistant. Recent projects developed with Dinamica interiors include the Taycan, the first full-electric car by Porsche, the Mercedes-Benz AVTR concept car, the new Corvette C8 Stingray, the Volkswagen ID.3 and the new Jeep Grand Wagoneer. According to the brand-new collaboration with Audi, the new Q2 is covered by Dinamica. (From a press release on October 27, 2020) ...

News Updated at: 2020/10/29

SEAT assembles 22,000 cars in Algeria in 2018

y in terms of coordination, but also in volume. In 2018, SEAT models accounted for 41% of the production output in Relizane (21,825 units).Inaugurated in July 2017, last year the multibrand plant in Relizane, located 280 kilometres southwest of the capital Algiers, began assembling 11 new models by Audi, SEAT, Skoda and Volkswagen. The Volkswagen Group currently assembles 15 models in this plant, exclusively for the Algerian market: Audi A3 Sedan...

News Updated at: 2019/01/21